Zopa was the industry's first peer-to-peer lending platform, launching in the UK in 2005; Lend Academy talks with Jaidev Janardana from Zopa about his role as CEO over the past 18 months and how the business is changing with the firm's new banking initiative; Zopa will be taking advantage of some unique market opportunities with its banking services; the firm will not be offering current accounts but plans to integrate open banking to provide its clients more offerings beyond borrowing and lending. Source
Zopa CEO Jaidev Janardana is bracing for a “moment of truth” for the peer-to-peer lending industry, which Zopa has led...