Well, we told you we were coming! At this very minute, we are testing the service and expect to bring it to everybody within a few days. More below!

In this U.S. update:

• Launch Update: Sneak Preview
• Borrowers Needed, Now
• Team Spotlight: Luke Terlaak Poot, Comic Theorist
• Zopa In the News

What we will be launching is a social finance community built around the idea of help. That will bear some explaining, in due time. For now, let’s take a sneak peek at our home page, ladies and gentlemen (you saw it here first):
 
 
 

Looks familiar, right? Lots of real people taking money out and putting money in. But Zopa in the USA will be very different, too. Here are just some of the ways we’ll be different from the sites that exist today:
 

• No risk for investors.
  Your funds will be federally insured. No more worrying about whether your borrowers will pay your loan back.
• Pick who you want to help.
  Investors will choose exactly who they want to help.
• Set your rate.
  Investors will choose how much they want to earn, up to a ceiling.
• No waiting.
  Borrowers will get their loans immediately upon approval.
• Lower your monthly payment.
  Borrowers can actually reduce their loan payments after they’ve borrowed. They’ll do that using rich profiles…

How will we do all this? By using some very cool technology and a terrific partnership with leading credit unions. More coming soon! And we do mean soon…

We could use some borrowers to pound on the site, take out loans, and make sure all our bells and whistles are…ringing and whistling.

If you were thinking of borrowing on Zopa, have good credit (FICO 640+), and are a U.S. resident 18 or over, drop us a line:
questions@zopa.com