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Zopa Bank

Zopa is a peer-to-peer (P2P) lending platform based in the United Kingdom. It was founded in 2005 and is one of the first and largest P2P lending platforms in the world.

Zopa allows individuals to lend and borrow money directly with one another, bypassing traditional banks as intermediaries. The company acts as a facilitator, matching borrowers with lenders and handling the administration of the loans.

Zopa is not a bank and does not hold a banking license. It is regulated by the Financial Conduct Authority (FCA) and is authorized to issue electronic money. Zopa has issued over £5 billion in loans and has over 500,000 registered customers.

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