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Is Zopa a bank?
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In 2020, we launched Zopa Bank, meaning we could offer more – like our Smart Saver, Smart ISA and fixed term savings, all backed by FSCS protection – and a credit card to help customers take control of their finances.
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We’re Zopa Bank, offering personal loans, car finance,...
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Mar 26, 2021 · 26 March 2021 at 5:11PM. Been looking at Zopa one and two year fixed rate at .54% and .69%I assume they are safe as Zopa is now a bank and subject to FFCS up to £85,000.
Zopa Bank Ltd. (/ ˈzoʊpə / [5]) is a British online bank which offers deposit accounts, personal loans and credit cards. It began as the world's first peer-to-peer lending company in 2005 and gained a full banking licence in 2020.
We’re Zopa Bank, offering personal loans, car finance, credit cards, savings accounts and money management tools.
In 2005, we built the first ever peer-to-peer lending company, giving people access to simpler, better value loans and investments. After 16 years of delivering positive returns for our investors, we closed the P2P lending side of our business in 2021 so we could fully focus on Zopa Bank.
Zopa is a pioneering digital bank. Since 2005 we've approved over £5 billion in loans and helped over half a million people get the most out of their money. We take the stress out of money by building our business on honesty, transparency and trust.
Jan 15, 2024 · What is Zopa Bank? Zopa Bank is a UK-based bank launched in 2020. However, it had a life before becoming a fully-fledged bank, as it became the first ever peer-to-peer (P2P) lending company to launch in the UK back in 2005.¹. Unlike some other UK banks, Zopa doesn’t offer current accounts. It focuses its offer on savings accounts, as well as ...
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