Zopa is a P2P money lending service that allows lenders and borrowers to deal directly with one another, cutting out the banks who act as middlemen.

Zopa works in the following way: the company first categorizes borrower credit grades with an A*, A, B, C or Y rating; then lenders make offers that vary by money amount and time period for persons with a certain credit grade; and borrowers can then agree the aggregate offered rate.

Zopa takes on such responsibilities as distributing money between parties, completing the legal paperwork, performing borrower identity/credit checks, and employing a collections agency that chases missed payments for the lender.

Zopa also mitigates risk for lenders by enforcing monthly direct debit repayment, making borrowers sign a legal contract, and allowing lenders to lend small chunks of money to individual borrowers (i.e. someone lending £1000 would have their money spread across say 100 borrowers).

The company itself makes money by charging a fixed fee for borrowers and 1% annual fee for lenders.

Zopa has received public acclaim as well, having been awarded CNET Technology Awards' 2006 Internet Innovation of the Year, the 2007 Webby Award for Best Banking/Bill-Paying Website, the 2008 Webby Award for Financial Services, the Banker 2007 Award for Best Internet Project and Moneywise 2009 Awards for Best Customer Service and Best Personal Loan.

One of the three initial members of the UK's Peer-to-Peer Finance Association, together with FundingCircle and RateSetter.

Company Growth (employees)
Greater London, GB
Size (employees)
203 (est)+3%
Zopa was founded in 2005 and is headquartered in Greater London, GB

Key People at Zopa

Jaidev Janardana

Jaidev Janardana

CEO & Executive Director
Giles Andrews

Giles Andrews

Co-Founder, Executive Chairman
Andrew Lawson

Andrew Lawson

Chief Product Officer
Ben Edwards

Ben Edwards

Commercial Director
Didier Baclin

Didier Baclin

Chief Data Scientist
Caroline Mills

Caroline Mills

Operations Director
Jonathan Kramer

Jonathan Kramer

Sales Director

Zopa Office Locations

Zopa has offices in Greater London and London
Greater London, GB (HQ)
47 49 Tooley St
London, GB
90 Fetter Ln

Zopa Data and Metrics

Summary Metrics

Founding Date


Total Funding

$56.7 m

Latest funding size

$22.7 m

Time since last funding

over 3 years


Zopa's latest funding round in January 2014 was reported to be $22.7 m. In total, Zopa has raised $56.7 m

Zopa Financial Metrics

Zopa's revenue was reported to be £20.6 m in FY, 2015 which is a 80% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2015)

20.6 m

Revenue growth (FY, 2014 - FY, 2015), %


Gross profit (FY, 2015)

10.7 m

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

(8.9 m)

Cash (31-Dec-2015)

13.6 m
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015


5.4 m11.5 m20.6 m

Revenue growth, %


Cost of goods sold

2.3 m6.2 m9.9 m

Gross profit

3.1 m5.3 m10.7 m

Gross profit Margin, %


Operating expense total

5.7 m11.4 m19.6 m

Pre tax profit

(2.6 m)(6.1 m)(8.9 m)

Net Income

(2.6 m)(6.1 m)(8.9 m)
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015


1 m13.3 m13.6 m

Accounts Receivable

20 k78.9 k

Current Assets

1.2 m15.6 m14.8 m


298 k675.5 k671.2 k

Total Assets

1.5 m16.3 m15.5 m

Accounts Payable

356.2 k509.7 k603.2 k

Current Liabilities

617.5 k1 m1.9 m

Retained Earnings

(2.6 m)(6.1 m)(8.9 m)

Total Equity

895.6 k15.2 m13.6 m

Financial Leverage

1.7 x1.1 x1.1 x
Numbers are in £, GBPFY, 2014FY, 2015

Cash From Operating Activities

(7.1 m)(5.2 m)

Cash From Financing Activities

19.9 m5.7 m
Numbers are in £, GBPY, 2015


174.6 k

Financial Leverage

1.1 x
Zopa's employees are reported to be approximately 32% female and 68% male.

Zopa Online and Social Media Presence

Zopa News and Updates

Zopa Company Life and Culture

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