james
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Post by james on Jul 16, 2015 23:57:55 GMT
Does anyone know any more about P2PS Cars Ltd, which has Zopa's Giles Andrews as its CEO and shares an office building address with Zopa, with Zopa apparently being the owner of the only share? Maybe for the link with Uber? |
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Post by Deleted on Jul 17, 2015 11:27:41 GMT
Hi James,
This is in relation to the Uber loans we underwrite and covers the legal ownership of vehicles until those loans have been fully repaid by the Uber drivers. These loans are not safeguarded and are funded by an institutional lender and not individual lenders.
Mat
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james
Posts: 2,205
Likes: 955
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Post by james on Jul 17, 2015 22:53:46 GMT
Thanks Mat. Makes perfect sense to do it that way and presumably also explains the role of the individual from Capital One, as what I presume is a major financing source.
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