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Peer-to-peer lender Zopa is now profitable — a year ahead of schedule

Peer-to-peer lender Zopa pulled forward plans to break even by a year after troubles in the industry and global economy at the start of 2016, according to its CEO. CEO Jaidev Janardana announced in a speech at marketplace lending conference LendIt Europe in London on Tuesday that the platform turned a profit in September. Janardana told the audience: "At the beginning, we said these are uncertain times, let's bring forward our plans for breakeven at the backend of 2017 to now, 2016.
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