When someone seeks to hand me a flyer at the train station or on the Tube I normally pretend not to notice. But this week, for some reason, I grabbed the piece of card being waved in my direction. It was more interesting than the usual offer of 25p off a sandwich or £50 off the joining fee at the local gym.
The card was for a company called Zopa (www.zopa.com) which seeks to bring together borrowers and lenders without requiring them to go through a bank or other financial institution. Zopa was launched earlier this year. Its business model is relatively simple.
