Zopa Bank

Zopa Bank is a British digital bank that began as the world's first peer-to-peer lending company in 2005. Founded by Richard Duvall, James Alexander, Giles Andrews, David Nicholson, and Tim Parlett, the company was established in Buckinghamshire, UK. In 2020, Zopa Bank was granted a full UK banking license, allowing it to offer a range of financial products, including savings accounts, personal loans, and credit cards. The bank is headquartered at Level 12, 20 Water Street, Canary Wharf, London E14 5GX. As of 2024, Zopa Bank reported a revenue of £303.4 million and a net income of £34.2 million. The company is regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).