Zopa Limited
Type | Ltd. |
Industry | Personal financial services |
Founded | March 2005; |
Founders | Richard Duvall, James Alexander, Giles Andrews, David Nicholson, Tim Parlett |
Headquarters | Cottons Centre, Tooley Street, London, United Kingdom |
Products | P2P lending, retail banking |
Website | www.zopa.com |
- Zopa was launched in the UK in March 2005 as p2p lending platform.
- It was founded in Buckinghamshire in 2004 by a team from the internet banking company Egg Banking.
- 2017.5 – Zopa became fully regulated by the Financial Conduct Authority .
- 2020.6 – Retail banking services – including deposit accounts and a credit card – were launched in June 2020, soon after a full banking licence was awarded.
- 2021.12.7 – Zopa announced it would be winding up the peer-to-peer side of its business, including buying back the existing loans of investors.
- Products and services
- Peer-to-peer lending
- Zopa enabled investors to lend to UK consumers through its peer-to-peer lending platform.
- 2021.12.7 – Zopa announced it would be winding up the peer-to-peer side of its business, including buying back the existing loans of investors.
- Banking and credit cards
- Zopa offers FSCS-protected deposit accounts, credit cards, and a money management app .
- Peer-to-peer lending