Zopa

Zopa Limited

TypeLtd.
IndustryPersonal financial services
FoundedMarch 2005;
FoundersRichard Duvall, James Alexander, Giles Andrews, David Nicholson, Tim Parlett
HeadquartersCottons Centre, Tooley Street, London, United Kingdom
ProductsP2P lending, retail banking
Websitewww.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 .

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