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January 30, 2014 09:36 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jNYRA5Ag0IA/
P2P Lending Pioneer Zopa Closes $25m From Hedge Fund For UK Expansion
Zopa, at nine years the world's oldest and largest peer-to-peer lending company, has closed a 15m ($25m) funding round from Arrowgrass Capital Partners, an alternative asset manager (more commonly known as a Hedge Fund). This is its third major funding since 2009. The company had previously raised $56.6 million in VC to date. Zopa will use the funds to scale up in its home UK market via a number of means, one of which may be a major marketing campaign, though that has yet to be determined.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jNYRA5Ag0IA/
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