Thursday, May 2, 2024
HomeMore NewsBanking & FinanceZopa to embrace what it initially stood against

Zopa to embrace what it initially stood against

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LONDON (CU)_Until recently, billions of pounds were tied up with  peer-to-peer lending companies in the United Kingdom, which were involved in bypassing banks and connecting savers looking for more attractive returns, with small businesses or individuals looking to borrow cash. However, over the past year, P2P platforms have been facing increased scrutiny from regulators such as the Financial Conduct Authority, which has described them as…

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