Who are Zopa owned by?
Giles Andrews. Giles was one of five people who dreamed up Zopa in 2004. By 2007 he was CEO and became Chairman in 2015. Zopa wasn't Giles' first venture.
Why does Zopa appear on my credit report?
Why is there a Zopa soft search on my credit file when I haven't applied for a loan or credit card with you? When you apply for a Zopa loan, we search your credit file to check that the loan is affordable. If you haven't applied for a Zopa loan or credit card, we still might appear on your credit file.
Is Zopa still operating?
It once hoped to make banks a thing of the past by cutting them out of the equation, but now Zopa is shutting down its “peer-to-peer” (P2P) lending arm after 16 years – so it can concentrate on being a bank.
Is your money safe with Zopa?
Your money's secure
Your eligible deposits with Zopa are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.