Zopa: A New Model for Business Financing

Zopa's concept is fairly unique, advocating self-help borrowing. Through this supply and demand system, people can better complete the process of borrowing or lending without even needing a bank. It actually provides a new channel for business financing.

The site has been described as "eBay in personal finance". Zopa has taken into account the risks that may be involved in person-to-person lending transactions. The company provides users with a complementary system that divides the lending amount into 50 parts, so the lender's money is actually lent to 50 different borrowers at the same time, and no single person will receive two loans. This reduces the risk.