Comments on: Smava proves Zopa’s social lending model works in Germany too http://eu.techcrunch.com/2008/10/08/smava-proves-zopas-social-lending-model-works-in-germany-too/ Tracking European web and mobile start-ups Tue, 24 Nov 2009 23:21:09 +0100 hourly 1 By: Smava is Germany’s most successful social lending platform http://eu.techcrunch.com/2008/10/08/smava-proves-zopas-social-lending-model-works-in-germany-too/comment-page-1/#comment-273045 Smava is Germany’s most successful social lending platform Wed, 21 Oct 2009 08:56:26 +0000 http://uk.techcrunch.com/?p=1776#comment-273045 [...] credit market place over other competitors for the third year in a row. The company with VC financing from Earlybird and Hamburg-based Neuhaus Partners has also seen impressive [...] [...] credit market place over other competitors for the third year in a row. The company with VC financing from Earlybird and Hamburg-based Neuhaus Partners has also seen impressive [...]

]]> By: Wiseclerk http://eu.techcrunch.com/2008/10/08/smava-proves-zopas-social-lending-model-works-in-germany-too/comment-page-1/#comment-164962 Wiseclerk Thu, 09 Oct 2008 12:16:08 +0000 http://uk.techcrunch.com/?p=1776#comment-164962 Breaking news Zopa withdraws from US market: http://www.wiseclerk.com/group-news/countries/us-breaking-news-zopa-withdraws-from-us-market/ Breaking news

Zopa withdraws from US market:
http://www.wiseclerk.com/group-news/countries/us-breaking-news-zopa-withdraws-from-us-market/

]]> By: Wiseclerk http://eu.techcrunch.com/2008/10/08/smava-proves-zopas-social-lending-model-works-in-germany-too/comment-page-1/#comment-164692 Wiseclerk Wed, 08 Oct 2008 20:37:05 +0000 http://uk.techcrunch.com/?p=1776#comment-164692 @Shafqat Internationalization is not easy for p2p lending services. Unlike other Web 2.0 services they are bound by strict financial regulations, which differ vastly from country to country. Zopa went the route to joint venture with local partners. And while Prosper, Smava and other are sucessful and growing they are still far away from becoming profitable. The still need to multiple their current loan volumes Wiseclerk Editor http://www.p2p-banking.com @Shafqat

Internationalization is not easy for p2p lending services. Unlike other Web 2.0 services they are bound by strict financial regulations, which differ vastly from country to country. Zopa went the route to joint venture with local partners.

And while Prosper, Smava and other are sucessful and growing they are still far away from becoming profitable. The still need to multiple their current loan volumes

Wiseclerk
Editor
http://www.p2p-banking.com

]]> By: Shafqat http://eu.techcrunch.com/2008/10/08/smava-proves-zopas-social-lending-model-works-in-germany-too/comment-page-1/#comment-164542 Shafqat Wed, 08 Oct 2008 12:03:28 +0000 http://uk.techcrunch.com/?p=1776#comment-164542 I'm a huge fan of the ZOPA model, but I'm not so sure these copycat sites can be successful. What will prevent Zopa from coming into other European countries (I think they are already in Italy?) and dominating. Sites like Smava have to grow exponentially in a hurry to have some sort of moat to defend against Zopa or Prosper from entering their markets. Good luck to them though - its a great model. I’m a huge fan of the ZOPA model, but I’m not so sure these copycat sites can be successful. What will prevent Zopa from coming into other European countries (I think they are already in Italy?) and dominating. Sites like Smava have to grow exponentially in a hurry to have some sort of moat to defend against Zopa or Prosper from entering their markets.

Good luck to them though – its a great model.

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