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Zopa: Peer to Peer Banking

Tags » Consumer Lending, p2p - Person to Person Lending, Zopa

Eliminate the banking middle man -- that's what Zopa's about. Rebecca Jarvis reports for Business 2.0 on what the UK's Richard Duvall is up to with Zopa.

Are you a better lender than a bank is? Richard Duvall, who helped launch Britain's largest online bank, Egg, thinks you are. His new venture, Zopa, is an eBay-like website that lets ordinary citizens borrow money from other regular Joes -- no bank needed.
Zopa is backed by Benchmark Capital.

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