Zopa Bank Limited Overview
Pro stress-test →Zopa Bank Ltd. is a British online bank which offers deposit accounts, personal loans and credit cards. It began as the world's first peer-to-peer lending company in 2005 and gained a full banking licence in 2020. Founded in 2005, Zopa is now trusted by over 1.5 million people across the UK, offering a comprehensive digital banking platform through a mobile-first app.
Strategic Profile
Pro stress-test →Combining the reliability of a high street bank with the ease of app-based banking, Zopa aims to offer customers more value than both. The company has transitioned from its P2P origins to a full-service digital bank, with over £13 billion lent out, more than £5 billion in savings managed, and 600,000+ credit card customers. 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.
Competitive Landscape
Pro stress-test →Zopa is a British financial services company which offers personal loans, car finance, credit cards, savings accounts and money management tools. The competitive landscape includes neobanks (Revolut, Starling, Wise), traditional high-street banks expanding digital offerings, and remaining P2P lending platforms. Zopa's advantage lies in integrated lending and savings under a single banking licence, though it competes on customer acquisition and retention against well-capitalized rivals.
Industry Context
Zopa Bank Limited operates in Digital banking and online lending.
Key facts
Founded: 2005 · Headquarters: London, UK