January, 2009

WeB@nk

A few of us attended last night's WeB@nk event held by NESTA - and it was great to see a few of you guys there too! I shan't summarise the evening, as it's been rather well done for me by our old colleague, Simon D-J in his blog and indeed many other have commented here, here and here. Suffice it to say that we all enjoyed the lively debate, and there were even a few laughs! It was also great to hear about other ventures that hope to add to the collective online flexing of financial muscle.

Banks vow to end sales of PPI

The majority of the UK's high street banks recently announced that the days of single premium PPI are numbered - until the end of the month, in fact. Having withdrawn our PPI offer several months ago and with plenty of comment from us in this blog and to other bodies, our views on the subject are well documented. But we're pleased to see that the banks are taking such proactive steps and look forward to seeing what effect, if any, this has on the interest rates that they advertise on personal loans in the future.

Zopa Italy is 1

Doesn't time fly when you're having fun? Well our colleagues over in Italy have definitely been enjoying themselves as they celebrated their first birthday on Friday. In just one year, they've disbursed 4.3m Euros to become the third largest peer-to-peer lender in Europe (after Zopa UK and Smava in Germany). A very Happy Birthday to them and all their members!

Five News

Oh yes indeedy! Yet more on-screen attention for Zopa, but this time focusing on two of our members, Ruby and Rob, and how they've helped each other out. Thanks to them both for taking the time to do this, we really appreciate it and so did all those watching by the looks of it - the website and our phone lines are busy, busy, busy!