Online lending experienced a challenging year in 2016. Regardless of your base of operations, unexpected events created a bumpy ride for many platforms in this sector of finance. Crowdfund Insider last spoke to Zopa CEO Jaidev Janardana in mid-2016, just prior to the UK’s decision to depart the EU. As the UK’s largest and oldest peer-to-peer lender, their voice is one that holds great weight for industry participants – so we were due to catch up. In speaking with Janardana, we inquired as to the company’s successes during 2016 and expectations for the coming year. Last year, Zopa launched several key new products and services, added new partnerships, rebranded and redesigned their site, while lending over £680 million (approximately over $850 million) to nearly 100,000 people. Read more: crowdfundinsider.com
