Tech Company Financing Transactions
Zopa Funding Round
On 5/16/2006, Zopa secured $23 million in funding from Benchmark Capital, Bessemer Venture Partners and Wellington Partners.
Transaction Overview
Company Name
Announced On
5/16/2006
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Undisclosed
Proceeds Purpose
At the moment, Zopa offers less risk and less return, claiming an average gross return of 7%. It reduces risk by automatically spreading lenders' money across 50 different borrowers.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
1st Floor Cottons Centre Tooley St.
London, SE1 2QG
UK
London, SE1 2QG
UK
Phone
Website
Email Address
Overview
Zopa though lets people who have spare money to lend it directly to people, like them, who want to borrow it. No bank in the middle, no huge overheads, no unethical investments.
Management Team
Title
Name
Email & Social
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