Zopa reveals traits of a “successful investor”

By George Geddes on Thursday 16 August 2018

Editor's PickAlternative Lending

Owning a blue car, preferring to listen to Radio 2 and a dislike Marmite are some of the quirks the peer-to-peer lending platform's data show.

Zopa reveals traits of a “successful investor”
Image source: https://goo.gl/a2WtFR

A new study, commissioned by Europe’s largest peer-to-peer consumer, Zopa, has released the unique and unusual quirks shared by British investors.

The P2P lending platform has had a busy year having reached the milestone in January of lending £3bn to UK consumers. This figure has continued to grow to over £3.5bn since.

The study surveyed 2,000 people with investments of at least £2,000 to discover what quirks they might possess. The results found that 20 per cent of those who invest are likely to own a blue car, 33 per cent prefer listening to Radio 2 and over half dislike Marmite. A few other honourable mentions of superstitions shared by investors include only using odd numbers, refraining from touching 1p coins and never doing laundry on New Year’s Day to avoid washing away their years good luck.

Zopa’s chief product officer, Andrew Lawson, said: “Even if you don’t have a blue car or listen to Radio 2, there are plenty of options for people who want to start putting their money to work.”

Promoting the company’s services, Lawson continues to say, “One option could be P2P lending with Zopa, where investors can receive a well-diversified portfolio of low risk loans and a reasonably predictable, stable, and attractive return on their investment.”

This follows Zopa’s recent partnership with CommuterClub to help reduce commuters’ annual travel costs and plans of opening its own bank to offer more products.

Sign up for our newsletters

Your daily 7am download of all things alternative finance and fintech.

Fintech and alternative finance headlines with an exclusive Editor's Note each week. Delivered Monday at midday.

AltFi's new weekly US newsletter breaking down the ins and outs of America's burgeoning fintech sector. Delivered Monday 9am EST/ 6am PST.