Peer-to-peer lending at Zopa
We have lent £864 million and helped both borrowers and lenders get great rates. We've repeatedly been voted the most trusted and best loan provider by our customers.
Whether you're upgrading your car or looking for a good return on your money Zopa can offer you a smarter way to manage your finances. Note that your capital is at risk when lending peer-to-peer (our risk statement has the details).
What the press says
“Zopa is the pioneer of peer-to-peer lending, which uses the internet to cut out the banks entirely. It matches savers with individuals who want to borrow, leaving out the bank and offering better rates all round.”18 January 2014
What is Zopa?
This video explains how peer-to-peer lending works at Zopa.
Giles: So Zopa’s a business which sets out to reward people who are good with their money
Briony: We invented peer to peer lending in 2005
Giles: We connect people who have some spare money with people who wish to borrow it
Emily: We’re the UK’s oldest and largest lending platform
Sandy: Zopa’s values honesty, transparency and a great experience for our customers
Briony: We’ve lent over a half a billion pounds of real people’s money to sensible borrowers
Emily: We’ve got the best track record in managing risk of UK bank or peer to peer lender
Kylie: We’re actually trusted by 54,000 lenders
Mat: Zopa allows you to cut out the middleman and lend directly to sensible people
Giles: Well we’re really proud of our customer service and that’s shown by the fact that we’ve won Best Personal Loan Provider five years in a row
Caroline: Customer service is very important at Zopa, if we didn’t have our customers, we didn’t look after them then we wouldn’t have a business
Sandy: We make sure we treat our borrowers like real people and not computer decisions
Caroline: We don’t have a typical borrower or lender at Zopa, we have quite a huge range of different customers
Briony: It’s an ethical approach to money that I really believe in
Sharon: The whole process is a lot more efficient which means that we can keep our rates at a really competitive level
Sandy: I think peer to peer lending is the future because it allows lenders and borrowers to take charge of their money and make a difference through new technologies
Emily: If I had to describe Zopa in one word it would be
Zopa is a founding member of the Peer 2 Peer Finance Association (P2PFA) industry group.