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. The Company 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. The Company 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. Zopa itself makes money by charging a fixed fee for borrowers and 1% annual fee for lenders.
| Type | Private |
| HQ | London, GB |
| Founded | 2005 |
| Size (employees) | 365 (est)+2% |
| Website | zopa.com |
Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at Zopa
Giles Andrews
Jaidev Janardana
Zopa Office Locations
Zopa Financials and Metrics
Summary Metrics
Founding Date | 2005 |
Zopa total Funding | $189.7 m |
Zopa latest funding size | $20.91 m |
Time since last funding | a month ago |
Zopa investors | Orange Growth Capital (OGC), Balderton Capital, Draper Associates, iZettle, Bessemer Venture Partners, Arrowgrass Capital, Benchmark, Northzone, Augmentum Capital, Wellington Partners, Forward Partners, Wadhawan Global Capital, Spotify |
Zopa Revenue
| GBP | |
|---|---|
Revenue (FY, 2017) | 46.5m |
Gross profit (FY, 2017) | 36.2m |
Gross profit margin (FY, 2017), % | 77.8% |
Net income (FY, 2017) | 1.5m |
EBITDA (FY, 2017) | 1.7m |
EBIT (FY, 2017) | 95.9k |
Cash (31-Dec-2017) | 7.9m |
| GBP | FY, 2005 | FY, 2006 | FY, 2007 | FY, 2008 | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 805.0 | 49.6k | 523.6k | 673.0k | 888.5k | 1.7m | 2.2m | 3.0m | 5.4m | 11.5m | 20.6m | 33.2m | 46.5m |
Revenue growth, % | 113% | 80% | |||||||||||
Cost of goods sold | 165.3k | 197.7k | 152.3k | 73.2k | 157.7k | 123.1k | 164.4k | 211.2k | 2.3m | 6.2m | 9.9m | 10.9m | 10.3m |
Gross profit | (164.5k) | (148.1k) | 371.3k | 599.8k | 730.8k | 1.6m | 2.1m | 2.8m | 3.1m | 5.3m | 10.7m | 22.3m | 36.2m |
| GBP | FY, 2005 | FY, 2006 | FY, 2007 | FY, 2008 | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 2.3m | 1.3m | 773.0k | 669.7k | 902.9k | 536.3k | 520.5k | 4.2m | 1.0m | 13.3m | 13.6m | 9.8m | 7.9m |
Accounts Receivable | 48.7k | 156.5k | 9.1k | 20.0k | 429.7k | 533.6k | 884.2k | ||||||
Current Assets | 3.7m | 3.9m | 1.5m | 1.2m | 1.0m | 726.3k | 754.9k | 4.3m | 1.2m | 15.6m | 14.8m | 13.3m | 18.0m |
PP&E | 37.8k | 40.8k | 40.7k | 57.1k | 64.0k | 59.8k | 53.8k | 32.4k | 298.0k | 675.5k | 671.2k | 1.4m | 1.6m |
| GBP | FY, 2005 | FY, 2006 | FY, 2007 | FY, 2008 | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (2.7m) | (3.8m) | (5.7m) | (798.6k) | (334.4k) | (392.3k) | 26.2k | 32.5k | (2.6m) | (6.1m) | (8.9m) | (5.8m) | 1.5m |
Cash From Operating Activities | 3.7m | (4.9m) | (3.7m) | (7.1m) | (5.2m) | (3.2m) | 2.3m | ||||||
Cash From Financing Activities | 6.0m | 3.9m | 3.1m | 19.9m | 5.7m | 2.0m | |||||||
Net Change in Cash | 190.0k | (154.1k) | 737.2k | 12.3m | 228.4k | (3.8m) | (1.9m) |
| GBP | Y, 2017 |
|---|---|
Revenue/Employee | 209.9k |
Financial Leverage | 1.8 x |
Human Capital Metrics
Zopa Online and Social Media Presence
16.96k Twitter followers
Zopa has 16.96k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.8% quarter over quarter
Zopa News and Updates
Zopa gets banking license
Zopa tops up funding round for new digital bank
Zopa, the U.K. P2P lending company, closes £60M round on path to launching a bank
Peer-to-Peer Lending 2018 Global Market Key Players - Peerform, Funding Circle Limited, Prosper Marketplace, Inc., Zopa Limited, CommonBond Inc., Upstart Network Inc.......
Zopa raises £44m to build 'next generation' bank
Zopa raises £44 million to support digital bank launch
Zopa Company Life and Culture
Zopa Frequently Asked Questions
When was Zopa founded?
Zopa was founded in 2005.
Who are Zopa key executives?
Zopa's key executives are Giles Andrews and Jaidev Janardana.
How many employees does Zopa have?
Zopa has 365 employees.
What is Zopa revenue?
Latest Zopa annual revenue is £46.5 m.
What is Zopa revenue per employee?
Latest Zopa revenue per employee is £127.4 k.
Who are Zopa competitors?
Competitors of Zopa include Prosper Marketplace, MBNA and Discover Financial Services.
Where is Zopa headquarters?
Zopa headquarters is located at 47-49 Cottons Centre Tooley St, London.
Where are Zopa offices?
Zopa has an office in London.
How many offices does Zopa have?
Zopa has 1 office.