Back to About Zopa

News and press coverage

Here are some highlights from the latest news stories and press coverage of Zopa and peer-to-peer lending in the UK. If you have a press or media enquiry you can visit our press office for case studies, key facts and any other information.

Zopa press office Visit our blog

Financial Times (08 December 2015)

Emma Dunkley: Lending services revolution piles pressure on banks as fintech sector grows

From banking to investment, mobile technology has revolutionised access to financial services as clients demand the ability to transfer money or take out an instant loan while they are on the move. In the past year, traditional lenders have been working hard to keep up with the latest developments or risk having business models upset, or even killed off, by nimble “fintech” companies.

The Sun (05 December 2015)

Grandparents spend a quarter of their time looking after the kids

Two-thirds also support them financially, a survey has found, with one in five saying the demands put pressure on their pensions and lifestyle. Giles Andrews, from peer-to-peer lender Zopa which polled 1,000 over-55s, said: “It’s clear that grandparents are becoming more important to families by providing invaluable childcare each month and financial assistance through the bank of gran and grandad.”

FT Adviser (04 December 2015)

Zopa chief reveals plans to disrupt banks

“I think consumers are responding to the disruption of all sorts of industries and disruption occurs when better value is offered by a disruptive player than the incumbents,” says Giles Andrews, chief executive of Zopa. In the latest FTAdviser video interview, Mr Andrews said financial services has been rather slower to be disrupted than many of the industries we know well, such as music and travel.

Daily Telegraph (14 September 2015)

Tim Wallace: Zopa doubles revenue in peer-to-peer boom

Peer-to-peer lender Zopa saw its revenues double last year as more savers and borrowers used its platform.

Financial Times (30 August 2015)

Joseph Coterill: Peer-to-peer lender Zopa installs Jaidev Janardana as chief

Zopa, the British peer-to-peer loan pioneer, has appointed a new chief executive as it seeks to draw more pension and personal savers to the alternative finance market.

Daily Express (18 August 2015)

New pension laws give Britain's economy a boost

On average, savers over 55 have been withdrawing £36,500 from their pots before splashing out their well-earned cash on holidays and home improvements. New figures released yesterday show the uptake of those dipping into their pension funds has been huge. It was in April that Chancellor George Osborne ushered in changes that allow savers over 55 to access their pension funds directly. Economists and pensions experts have welcomed the resulting spending bonanza, which the Treasury last night confirmed had reached £1.3billion. Giles Andrews, co-founder and chief executive of lender Zopa, which carried out the new research, said: “The ‘silver pound’ has never been stronger.

City AM (18 August 2015)

Emma Haslett: Zopa becomes the first UK peer-to-peer lender to crash through £1bn of loans

What a difference a decade makes. Just over 10 years after it was first launched, UK platform Zopa has become the UK's first peer-to-peer lender to crash through the £1bn loans barrier.

The Sunday Times (16 August 2015)

Kiki Loizou: Bye, banks. We prefer peer-to-peer lending

Jenny Brown remembers the day she turned the bank away. At her Oxford office, the founder of Pampeano, a luxury leather goods business, received a long-awaited email carrying a loan offer. But despite her business generating impressive profits, she was asked to pay interest that made her eyes water. “It was ridiculous,” said Brown.

Financial Times (14 August 2015)

Judith Evans: My Money — Giles Andrews, Zopa chief

Back in 2004, a group of businessmen sat in a barn in Buckinghamshire throwing around ideas. Was there a way to create some kind of bond market for consumers? Since most armchair investors might not understand the bond markets, could it be simplified into an eBay-like model with the added twist of a social return?

Newsweek (15 July 2015)

Rory Ross: Welcome to 'the biggest change in banking for 400 years'

Marketplace or peer-to-peer lending matches borrowers and lenders on low-cost online platforms. By skirting banks, P2P lending allows borrower and lender alike to achieve better rates of interest. Essentially, P2P lending is a way of capitalising on the network effect of social media and the volumes of data generated therein to allow cheaper access to capital.

Times (11 July 2015)

Anne Ashworth: Prepare for a brand new Isa - the Ifi

Stand by for a new investment that will be called . . . the Ifi. Yes, that’s right, the Ifi — or Innovative Finance Isa, if you give it its full name, which sounds a bit less dodgy. This new style Isa will be launched in April to allow peer-to-peer investments to be sheltered from tax.

Management Today (12 June 2015)

Jack Torrance: Meet the entrepreneur who pioneered P2P lending

Ever since the financial crisis trashed any shreds of good reputation the banks still retained, there's been an explosion of innovative new financial companies springing up in the UK. From currency transfer to business funding and personal portfolio management, the financial technology (FinTech) sector is something that London in particular has excelled at.

City AM (04 June 2015)

Peer-to-peer lending isn't shadow banking: It's now more transparent than ever

Whether we in the industry like it or not, peer-to-peer lending has for some time been lumped together with the likes of hedge funds, offbeat types of investment vehicles and even payday lenders in what is known as the “shadow banking sector”.

Financial Times (19 May 2015)

Emma Dunkley: Metro Bank strikes deal to lend through P2P site

Metro Bank has struck a deal to become the first British bank to lend through a peer-to-peer platform, fuelling concerns that institutions are crowding out individual investors from the rapidly growing sector.

Business Insider (19 May 2015)

Two startups that are trying to destroy the banks just joined forces

Bad news for banks: Two startups trying to reinvent finance and destroy traditional lending just teamed up. The challenger bank Metro Bank has just struck a deal with Zopa, one of the UK's biggest peer-to-peer consumer lenders, to lend money over Zopa's platform. The amount lent wasn't disclosed, but a source told Business Insider it was around 'millions a month'.

City AM (06 May 2015)

Uber teams up with peer-to-peer lender Zopa to help drivers buy their own cars

Uber is aiming to make it easier for its drivers to buy their own cars by teaming up with peer-to-peer (P2P) lender Zopa. The taxi-hailing app's partnership with the world's first P2P marketplace will give drivers renting a licensed vehicle access to a loan agreement with one of Zopa's institutional lenders, allowing them to swap rental fees for monthly repayment costs.

BBC News Online (13 March 2015)

Budget 2015: Will tax-free peer-to-peer lending get the go-ahead?

The first peer-to-peer lending website, Zopa, launched back in 2005 and they are growing in popularity. Now there are 40 websites that allow investors to lend money to individuals or small businesses. Being a peer-to-peer lender is like being a bank manager. These peer-to-peer websites can cut out the banks by putting people with money to lend in touch directly with those wanting to borrow.

The Times (10 February 2015)

James Hurley: Learning to Live with Peer-to-Peer Pressure

The financial crisis proved a turning point. Zopa’s market research had that people “did trust banks to have big vaults full of gold bullion representing their money. When the credit crisis came along, consumers said that one thing we trusted about banks wasn’t true. They started looking around at alternatives.”

Daily Telegraph (10 January 2015)

Peer-to-peer lender Zopa sales leap as industry eyes challenge to banks - James Titcomb

The UK’s biggest peer-to-peer lender has almost doubled revenues amid a boom in loans, as the nascent sector seeks to challenge the major banks. Zopa, which links up thousands of borrowers and savers over the internet, grew revenues by 81pc in 2013, according to accounts filed at Companies House.

Guardian (06 December 2014)

Rupert Jones: Bad debt relief – the chancellor’s boost for peer-to-peer lenders

Peer-to-peer websites, which cut out the banks by putting people with money to lend in touch with those wanting to borrow, have been one of the financial success stories of the past few years as savers have looked to beat paltry interest rates on offer from banks and building societies. It is more risky than putting your cash into a traditional savings account because peer-to-peer isn’t covered by the official Financial Services Compensation Scheme, though most of the websites have alternative safeguards.

Got a question?


Thinking of taking out a loan,
or already have a Zopa loan?


Telephone: 020 7580 6060

We can't take applications over the phone. UK residents only. Calls may be monitored or recorded.


Thinking of lending your money,
or are already a Zopa lender?


Telephone: 020 7291 8331

UK residents only. Calls may be monitored or recorded.