Zopa makes money primarily by servicing the Zopa Loans and Zopa CD's for our partner credit unions. Consumers pay no fees to transact or on a recurring basis so long as all their payments are not defaulted
So how Is Zopa any different from other Lending sites like Prosper?
Zopa allows people to help other borrowers from the interest they receive while Prosper is focused on providing you with the lowest rates.
The web portal has dramatically grown in size since its inception as you can see. Even though the total visitors do not compare to that of other web sites like Facebook or Google we believe that it can surely create a niche for itself in the online financial lending market
It’s users by category are 43.4% from UK, 26% from the US and other countries constitute the rest. This is clear evidence as to what the scope and reach of this portal can be if enough people start using this.