Zopa to branch out into additional markets

Zopa, a competitor of Prosper.com, is on it's way to enter two additional markets (aside from UK and the long planned launch in California), informed sources say.

This source stating Zopa will launch in Germany as next country, is a false report however. It is based on a misleading interpretation of a German newspaper interview.

A summary of the situation for p2p lending in Germany is published at p2p-kredite.com. It states that there are tough regulatory issues to be solved and that it is expected that a first service might launch in late 2007 or early 2008.

The Good and The Bad
Prosper loan growth accelerating