Comments on: Round ‘em up http://blog.zopa.com/archives/2006/02/13/round-em-up/ Zopa blog - updates, team, news, life and more. Fri, 21 Nov 2008 09:35:42 +0000 http://wordpress.org/?v=2.0.4 by: shenzhen369 http://blog.zopa.com/archives/2006/02/13/round-em-up/#comment-731 Sun, 19 Feb 2006 14:49:18 +0000 http://blog.zopa.com/archives/2006/02/13/round-em-up/#comment-731 let ting the visitors see the bid information before registerred could be a great try. Really hope to see the change will come as soon as possible. ------- a fan of zopa. let ting the visitors see the bid information before registerred could be a great try. Really hope to see the change will come as soon as possible.
——- a fan of zopa.

]]> by: shenzhen369 http://blog.zopa.com/archives/2006/02/13/round-em-up/#comment-730 Sun, 19 Feb 2006 14:45:43 +0000 http://blog.zopa.com/archives/2006/02/13/round-em-up/#comment-730 It's really great to see such a fantastic innovation like this. My best wishes for you the brillant guys.And i am also a little bit concerned about the future of zopa. Frankly few Britain website make big names worldwide,especially when you are going to face competitions from prosper.com which enjoys a group of best team as described by Businessweek.com.So my suggestion is that you will have to pace up pace up especially in the US land.May god bless you. and finally but most importantly is that better leave the bid infromation promt to the homepage so that visitors could learn it vividly and also have more passion for a try. I see the prosper.com doing a good job. And my best wishes also to oceantomo.com which is also a good copy of ebay on IP. very nice innovations from ebay. It’s really great to see such a fantastic innovation like this. My best wishes for you the brillant guys.And i am also a little bit concerned about the future of zopa. Frankly few Britain website make big names worldwide,especially when you are going to face competitions from prosper.com which enjoys a group of best team as described by Businessweek.com.So my suggestion is that you will have to pace up pace up especially in the US land.May god bless you. and finally but most importantly is that better leave the bid infromation promt to the homepage so that visitors could learn it vividly and also have more passion for a try. I see the prosper.com doing a good job. And my best wishes also to oceantomo.com which is also a good copy of ebay on IP. very nice innovations from ebay.

]]> by: J Mac http://blog.zopa.com/archives/2006/02/13/round-em-up/#comment-642 Tue, 14 Feb 2006 18:34:01 +0000 http://blog.zopa.com/archives/2006/02/13/round-em-up/#comment-642 Um, sorry I can't find it as of now. I do remember it took place from 3-4 EST PM on 2/13/06 CNBC. One of the biggest questions was that banks apparently (according to the woman they had on countering the prosper/eloan guy) do not charge as much for these types of loans as prosper or you guys do (1%). She said the banks she talked to only would charge somewhere around 50 points (I guess that's 1/2 %?) and that apparently these loans you both are offering in your marketplace are drastically more expensive than what you could get at a bank. His counter was that banks have many 'hidden' costs and what the woman said simply wasn't true, he said that what banks really charge is the amount between what they pay out to bank members and the amount they charge towards interest-bearing loans; which is common sense. You can probably google and try to find the interview or contact cnbc yourselfs. Goodluck. My site's launching soon which'll be a Hub for p2p information/activity/message boards. Peace. Um, sorry I can’t find it as of now. I do remember it took place from 3-4 EST PM on 2/13/06 CNBC. One of the biggest questions was that banks apparently (according to the woman they had on countering the prosper/eloan guy) do not charge as much for these types of loans as prosper or you guys do (1%). She said the banks she talked to only would charge somewhere around 50 points (I guess that’s 1/2 %?) and that apparently these loans you both are offering in your marketplace are drastically more expensive than what you could get at a bank. His counter was that banks have many ‘hidden’ costs and what the woman said simply wasn’t true, he said that what banks really charge is the amount between what they pay out to bank members and the amount they charge towards interest-bearing loans; which is common sense. You can probably google and try to find the interview or contact cnbc yourselfs. Goodluck. My site’s launching soon which’ll be a Hub for p2p information/activity/message boards. Peace.

]]> by: Dave http://blog.zopa.com/archives/2006/02/13/round-em-up/#comment-640 Tue, 14 Feb 2006 11:02:13 +0000 http://blog.zopa.com/archives/2006/02/13/round-em-up/#comment-640 @ Trey - Yes, we've been following all that quite closely. We believe that Zopa is a fundamentally better model than Credit Unions that can offer better rates to our members than a CU can. A central crux of this is the fact that Zopa has no cost of capital (we have no deposits or loans on our balance sheet) - unlike any other financial institution, and so has a structually lower cost base. It's a good discussion to have though - and this is a good place to have it! @J Mac - Any idea where we can get a copy of the interview? (Keep your friends close and your enemies closer sort of thing) If you tell me the questions - I'll see what I can to answer them! @ Trey - Yes, we’ve been following all that quite closely. We believe that Zopa is a fundamentally better model than Credit Unions that can offer better rates to our members than a CU can. A central crux of this is the fact that Zopa has no cost of capital (we have no deposits or loans on our balance sheet) - unlike any other financial institution, and so has a structually lower cost base. It’s a good discussion to have though - and this is a good place to have it!

@J Mac - Any idea where we can get a copy of the interview? (Keep your friends close and your enemies closer sort of thing) If you tell me the questions - I’ll see what I can to answer them!

]]> by: J Mac http://blog.zopa.com/archives/2006/02/13/round-em-up/#comment-638 Tue, 14 Feb 2006 04:14:20 +0000 http://blog.zopa.com/archives/2006/02/13/round-em-up/#comment-638 Hey you guys better get over here and make a name for your self or something CNBC just had the prosper dude on and he battled some hard hitting questions. It was a really good interview I'd say and I'd like to hear your take on the very same questions. Hey you guys better get over here and make a name for your self or something CNBC just had the prosper dude on and he battled some hard hitting questions. It was a really good interview I’d say and I’d like to hear your take on the very same questions.

]]> by: Trey Reeme http://blog.zopa.com/archives/2006/02/13/round-em-up/#comment-637 Tue, 14 Feb 2006 02:42:32 +0000 http://blog.zopa.com/archives/2006/02/13/round-em-up/#comment-637 It's great to see you giving mention to Scott Patterson's post as the P2P lending model has recently gained a lot of attention in the few credit union industry blogs out there. There have been a lot of people in the US following Zopa (including me since August on the Open Source CU blog), wondering if and when P2P lending would make its way here. Your approach is indeed a wake-up call to the US credit union industry - and to financial service providers as a whole. And kudos to you for having the conversation here on your blog with your critics, your customers, and the curious. It’s great to see you giving mention to Scott Patterson’s post as the P2P lending model has recently gained a lot of attention in the few credit union industry blogs out there. There have been a lot of people in the US following Zopa (including me since August on the Open Source CU blog), wondering if and when P2P lending would make its way here.

Your approach is indeed a wake-up call to the US credit union industry - and to financial service providers as a whole. And kudos to you for having the conversation here on your blog with your critics, your customers, and the curious.

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