Comments on: New kid on the block http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/ Zopa blog - updates, team, news, life and more. Wed, 17 Mar 2010 07:42:25 +0000 http://wordpress.org/?v=2.0.4 by: Jeff Paul Scam http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-146878 Thu, 26 Mar 2009 20:58:28 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-146878 I have read your post and found it very interesting so I like to add it on my website because recently I have started a small business of internet marketing so this post will help me in my marketing business. I have read your post and found it very interesting so I like to add it on my website because recently I have started a small business of internet marketing so this post will help me in my marketing business.

]]> by: NHDC a Trust Regd http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-144516 Thu, 12 Feb 2009 07:31:53 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-144516 We at the NHDC a Regd Trust are committed to Establish a 1000 Bed Hospital are striving for soft loan US $ 500 Million @ concessionary rate of interest for ten years against BANK guarantee . Please help us if you can suggest us or provide us the said amont for terms explaned above. thanking you for NHDC Dev Raj Sharma Chairman Tel/Fax +91-11-25278194,25274273 We at the NHDC a Regd Trust are committed to Establish a 1000 Bed Hospital are striving for soft loan US $ 500 Million @ concessionary rate of interest for ten years against BANK guarantee .
Please help us if you can suggest us or provide us the said amont for terms explaned above.
thanking you
for NHDC
Dev Raj Sharma
Chairman
Tel/Fax +91-11-25278194,25274273

]]> by: Heidi http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-95209 Wed, 07 Nov 2007 22:49:01 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-95209 As a current Prosper member I have to ask...when will Zopa be available in the US??? Although Prosper is easy to use and one can select whom they lend to and create groups...they do NOT pay interest on funds sitting in your account and ACAT transfers take 3-5 days! This is a lot of "lost" interest and makes it difficult to maximize return. I like that Zopa pays interest on funds in your account and I will switch as soon as I can! As a current Prosper member I have to ask…when will Zopa be available in the US??? Although Prosper is easy to use and one can select whom they lend to and create groups…they do NOT pay interest on funds sitting in your account and ACAT transfers take 3-5 days! This is a lot of “lost” interest and makes it difficult to maximize return. I like that Zopa pays interest on funds in your account and I will switch as soon as I can!

]]> by: Dave http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-2190 Mon, 15 May 2006 17:22:21 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-2190 :-) Looks like lots of patents.... We've applied for patents in the UK for the Zopa marketplace matching system - which is very different to Prosper's (I don't know about Donjoy). I don't think anyone can patent the concept of 'P2P lending', and as all the companies seems to be going about it in different ways, I think we'll all be OK! :-) Looks like lots of patents….

We’ve applied for patents in the UK for the Zopa marketplace matching system - which is very different to Prosper’s (I don’t know about Donjoy). I don’t think anyone can patent the concept of ‘P2P lending’, and as all the companies seems to be going about it in different ways, I think we’ll all be OK!

]]> by: Thomas http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-2115 Fri, 12 May 2006 10:16:42 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-2115 Hi, I'm really interested in the Zopa's business concept, that I find really ingenious, and I'm interested in the patent question. Like said one post earlier, Prosper is patent pending,. So how can Zopa go to America if the concept is already patented ? The question is actually, what is patented on Prosper or Donjoy: the general concept, or just the website functionalities ? And did Zopa deposit any patent too ? I look forward to here about you. Tom Hi,

I’m really interested in the Zopa’s business concept, that I find really ingenious, and I’m interested in the patent question. Like said one post earlier, Prosper is patent pending,. So how can Zopa go to America if the concept is already patented ? The question is actually, what is patented on Prosper or Donjoy: the general concept, or just the website functionalities ? And did Zopa deposit any patent too ?

I look forward to here about you.

Tom

]]> by: Bobby Wilson http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-1001 Mon, 20 Mar 2006 15:58:51 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-1001 It says patent pending, but I do not see a filing date nor anything publish at the patent office? weirdos! It says patent pending, but I do not see a filing date nor anything publish at the patent office? weirdos!

]]> by: Joseph D. Hugh http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-941 Mon, 06 Mar 2006 03:50:20 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-941 We have been in operation for almost a year now in South Korea. Our lending maximum is 66% per annum. It's a great market with lots of borrowers of small money, plus we have credit evaluation system from a respectable credit bureau in Korea which lets lenders see the credit of the borrowers. We have patent pending and is the only e-marketplace for borrowers and lenders. Feel free to contact me for investments or exchange of ideas! jo@willco.co.kr Our site: www.donjoy.net We have been in operation for almost a year now in South Korea.
Our lending maximum is 66% per annum. It’s a great market with lots of borrowers of small money, plus we have credit evaluation system from a respectable credit bureau in Korea which lets lenders see the credit of the borrowers.

We have patent pending and is the only e-marketplace for borrowers and lenders.

Feel free to contact me for investments or exchange of ideas!

jo@willco.co.kr

Our site: www.donjoy.net

]]> by: Audun http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-815 Thu, 23 Feb 2006 05:59:38 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-815 Hey Interesting reading! I visited www.prosper.com and there I read that the Prosper marketplace was patented (patent pending).... Hey

Interesting reading! I visited www.prosper.com and there I read that the Prosper marketplace was patented (patent pending)….

]]> by: Dave http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-641 Tue, 14 Feb 2006 11:08:48 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-641 Thanks everyone! It's good to know that when we launch in the US we're going to have some support out there! I think the differences between us and Zopa distill down to 2 main areas - the group functionality of Prosper, and the different ways in which we match up lenders and borrowers. I don't have much doubt that if the Prosper Group leaders can successfully recruit good quality borrowers, then it will be a powerful viral driver of their business. However, it's interesting to note that at the moment, non group borrowers significantly outnumber group borrowers on their site - and the percentage of loans being funded is pretty low. What's more - if it does work, I believe it's a relatively simple proposition to replicate for Zopa. The way in which lenders and borrowers are matched is, I believe, significantly more sophisticated at Zopa than at Prosper. At Zopa, borrowers instantly know that they can get their loan (or not) and also know that they are getting the best possible rate - which is better for them. For lenders, it is reassuring to know that, without doing any additional work, their money will be split up over many many borrowers - managing their risk. I think that for Prosper to move in this direction is far harder than it is for Zopa to move towards Prosper's model. Thanks everyone! It’s good to know that when we launch in the US we’re going to have some support out there! I think the differences between us and Zopa distill down to 2 main areas - the group functionality of Prosper, and the different ways in which we match up lenders and borrowers.

I don’t have much doubt that if the Prosper Group leaders can successfully recruit good quality borrowers, then it will be a powerful viral driver of their business. However, it’s interesting to note that at the moment, non group borrowers significantly outnumber group borrowers on their site - and the percentage of loans being funded is pretty low. What’s more - if it does work, I believe it’s a relatively simple proposition to replicate for Zopa.

The way in which lenders and borrowers are matched is, I believe, significantly more sophisticated at Zopa than at Prosper. At Zopa, borrowers instantly know that they can get their loan (or not) and also know that they are getting the best possible rate - which is better for them. For lenders, it is reassuring to know that, without doing any additional work, their money will be split up over many many borrowers - managing their risk.

I think that for Prosper to move in this direction is far harder than it is for Zopa to move towards Prosper’s model.

]]> by: Chad http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-627 Sat, 11 Feb 2006 04:32:49 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-627 Dave, Thanks for your comment on my site. I enjoy seeing competition and I enjoyed the focused point of your post on my blog. Based on your excitement to keep Prosper at bay, I wish you the best. Press on! I enjoy the simplicity of your site and look forward to watching the race. Dave,

Thanks for your comment on my site. I enjoy seeing competition and I enjoyed the focused point of your post on my blog. Based on your excitement to keep Prosper at bay, I wish you the best. Press on! I enjoy the simplicity of your site and look forward to watching the race.

]]> by: frankyj http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-619 Thu, 09 Feb 2006 21:37:50 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-619 When are you guys coming to the US? I like your business model more due to the passive nature of it, vs. prosper where it's more manual (although they do have a "standing order" feature). This looks like it will be a really interesting marketplace development. When are you guys coming to the US? I like your business model more due to the passive nature of it, vs. prosper where it’s more manual (although they do have a “standing order” feature). This looks like it will be a really interesting marketplace development.

]]> by: Personal Finance Advice http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-616 Thu, 09 Feb 2006 11:58:35 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-616 Thanks for the comment at my blog and I'm looking forward to when Zopa makes its debut in the US. As I posted, the current system at Prosper.com poses a lot of risks to those lending money at the moment due to a lack of people seeking loans. There is no way to spread the risk across a number of people on your own. It should be quite interesting to see how they develop in the coming months as well as when zopa, too, enters the field Thanks for the comment at my blog and I’m looking forward to when Zopa makes its debut in the US. As I posted, the current system at Prosper.com poses a lot of risks to those lending money at the moment due to a lack of people seeking loans. There is no way to spread the risk across a number of people on your own. It should be quite interesting to see how they develop in the coming months as well as when zopa, too, enters the field

]]> by: Pete http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-611 Thu, 09 Feb 2006 10:14:23 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-611 re Prosper - 'Groups' seem like a great idea. Could it work over here (neighbourhood loans) I don't know - but it is an interesting concept. re Prosper - ‘Groups’ seem like a great idea. Could it work over here (neighbourhood loans) I don’t know - but it is an interesting concept.

]]> by: SJ http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-608 Thu, 09 Feb 2006 08:52:49 +0000 http://blog.zopa.com/archives/2006/02/07/new-kid-on-the-block/#comment-608 Hello Chaps A first glance, the prosper market looks much more transparent than zopa, you can see exactly who is lending to whom, at what rates and see much greater detail about the borrowers. Perhaps it is riskier to lend as there is less spread of risk across multiple borrowers, but then the lenders can manage this themselves. The community aspect of prosper is very powerful as people aren't just people, they belong to communities and groups and propser recognises this. But then zopa is much more colourful :-) Best. Hello Chaps

A first glance, the prosper market looks much more transparent than zopa, you can see exactly who is lending to whom, at what rates and see much greater detail about the borrowers. Perhaps it is riskier to lend as there is less spread of risk across multiple borrowers, but then the lenders can manage this themselves.

The community aspect of prosper is very powerful as people aren’t just people, they belong to communities and groups and propser recognises this.

But then zopa is much more colourful :-)

Best.

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