Zopa Bank Ltd Overview
Pro stress-test →Zopa Bank Ltd is a British online bank which offers deposit accounts, personal loans and credit cards, having begun as the world's first peer-to-peer lending company in 2005 and gained a full banking licence in 2020. The company added half a million customers in 2025 while its profits grew by just over 90%.
Strategic Profile
Pro stress-test →Zopa launched a current account last year (2025) and reported revenues of £377m with profits of £65m. In May 2026, Zopa became the first UK bank to receive regulatory approval to provide targeted support under the Financial Conduct Authority's framework for addressing the financial advice gap. The company has acquired 2 companies including Rvvup and DivideBuy, positioning itself to expand payment capabilities and buy-now-pay-later offerings.
Competitive Landscape
Pro stress-test →Top competitors of Zopa include Lendable, Creditspring and M Kopa. Other competitors include RateSetter, Avant, Prosper, Afluenta, and Marcus. Zopa differentiates through full banking license, profitable operations, and established customer relationships versus pure fintech lenders or challenger banks.
Industry Context
Zopa Bank Ltd operates in Digital banking and consumer lending.
Key facts
Founded: 2005 · Headquarters: London, GB · Employees: 1,000 · Revenue: £377m (2025) · Market cap: N/A