www.ZOPA.com ? <ul><li>It is a UK – based company providing an on  </li></ul><ul><li>line money exchange. . . .  </li></ul...
MEANING ? <ul><ul><li>Allowing people who have money to lend to offer it to those who wish to borrow, instead of using sav...
BACKGROUND <ul><ul><li>Launched in 2005, Zopa was the 1 st  P2P (peer to peer) lending company. It was set up by a managem...
TERMS and CONDITIONS <ul><li>Zopa (Zona of Possible Agreement) is a negotiating term identifying the bounds within which a...
Continue . . . . . . .  <ul><li>If the same person is introduced by more than one Zopa member, the reward will be based on...
SECURITY <ul><li>Unlike banks who usually have wide margins between lending and borrowing rates, Zopa make their money by ...
Continue . . . . (finally) <ul><li>Lenders can borrow at reasonable rates, borrowers get a decent rate of return, Zopa get...
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Www.Zopa.Com

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Www.Zopa.Com

  1. 2. www.ZOPA.com ? <ul><li>It is a UK – based company providing an on </li></ul><ul><li>line money exchange. . . . </li></ul><ul><li>Promoter: Zopa limited. </li></ul><ul><li>Registered office: </li></ul><ul><li>3 rd Floor, Radiant House, </li></ul><ul><li> 36-38 Mortimer Street, </li></ul><ul><li> London W1W 7RG. </li></ul>
  2. 3. MEANING ? <ul><ul><li>Allowing people who have money to lend to offer it to those who wish to borrow, instead of using savings accounts and loan applications at traditional banks. </li></ul></ul>
  3. 4. BACKGROUND <ul><ul><li>Launched in 2005, Zopa was the 1 st P2P (peer to peer) lending company. It was set up by a management team that comprised many of those that founded Egg in the UK. The company is based in London and backed by Benchmark Capital and Wellington Partners. </li></ul></ul>
  4. 5. TERMS and CONDITIONS <ul><li>Zopa (Zona of Possible Agreement) is a negotiating term identifying the bounds within which agreement can be reached between two parties; </li></ul><ul><li>as follows : </li></ul><ul><li>Zopa acts as the man in the middle operating the markets. </li></ul><ul><li>Only registered Zopa members are eligible to ‘Introduce a Friend’. </li></ul><ul><li>Existing Zopa members who introduce a friend to Zopa will receive £ 50 (when that friend either lends at least £ 2000, or borrows any amount of money, during the Offer Period). </li></ul><ul><li>The introduced friend will only receive £ 50 once, after introducing new members to Zopa who have lent at least £ 2000 or borrowed any amount of money at Zopa during the Offer Period. </li></ul>
  5. 6. Continue . . . . . . . <ul><li>If the same person is introduced by more than one Zopa member, the reward will be based on the recommendation which first results in registration. </li></ul><ul><li>In each eligible case, the £ 50 will be credited to the members’ Zopa holding accounts within 28 days after the conditions have been met. </li></ul><ul><li>You can not introduce yourself or an existing Zopa member </li></ul>
  6. 7. SECURITY <ul><li>Unlike banks who usually have wide margins between lending and borrowing rates, Zopa make their money by changing borrowers a 0,5% transaction fee and lenders a 0,5% annual servicing fee. </li></ul><ul><li>If Zopa itself fails then the money is not lost because the agreements are directly between the borrower and the lender and are legally enforceable. </li></ul><ul><li>The collections agency would continue to collect from borrowers and make payments to lenders. </li></ul>
  7. 8. Continue . . . . (finally) <ul><li>Lenders can borrow at reasonable rates, borrowers get a decent rate of return, Zopa gets a small fee for enabling the transaction. </li></ul><ul><li>The End </li></ul>

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