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Zopa

Zopa

Zopa built the first peer-to-peer (P2P) lending platform in 2005 to provide access to simple, better-value loans and investments. They have since helped hundreds of thousands of customers take the stress out of money by building a business on honesty, transparency and trust. Zopa lends to people looking for unsecured finance to make home improvements or secured car finance up to £25,000 and pride themselves on borrowers having to meet high standards with only 20% of applications being approved.

The platform operates an auto-invest model where lenders can invest from £1000 and the platform split the monies across a selection of loans to help reduce risk. Lenders receive monthly payments including interest minus the platforms borrower servicing fee. Loan defaults are factored when calculating projected returns.

There are two lending products Zopa Core and Zopa Plus depending on the lender's appetite for risk, both being IFISA eligible.


Zopa Products and Investment

    Zopa Core investors can expect potential returns of 3.4 - 5% per annum. Zopa's risk market metric measures how likely borrowers can repay their loans on time and in full. Zopa Core borrowers range from A* - C, meaning they are low-risk loans.

    This product is available as an IFISA, which follows the guidelines as set out by UK government.

    term: 1 - 60 months min. investment: £1,000 return: up to 5.00%*
    * provided on 16/01/2020

    Zopa Plus investors can expect potential returns of 4.0 - 6.0% per annum. Zopa's risk market metric measures how likely borrowers can repay their loans on time and in full. Zopa Plus borrowers range from A* - E, meaning they contain the full range of loans offered on the platform. Typically D & E loans are limited to 20% of the loan mix.

    This product is available as an IFISA, which follows the guidelines as set out by UK government.

    term: 1 - 60 months min. investment: £1,000 return: up to 6.00%*
    * provided on 16/01/2020

Investor Overview

  • Provide personal loans for lenders to invest in
  • Target returns of up to 6% p.a.
  • Minimum investment is £1,000
  • Terms are available up to 5 years.
  • Two investment products to choose from

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Go to Zopa

£5,273M
loan book volume

8.26%
default rate

9.27%
average interest rate

£35,000
biggest loan

* correct as of 18/06/2020

contactus@zopa.com

1st Floor Cottons Centre, 47-49 Tooley Street, London
SE1 2QG

020 7580 6060

05197592
company number

04/08/2004
incorporated 16 years

  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph