“We’re just getting started” says CEO as Zopa hits £2bn

10th February 2017
P2P, Peer to Peer Lending

Peer-to-peer lending pioneers Zopa announced last week that they’ve once again set the trend by becoming first P2P platform in the UK to lend more than £2bn.[1]

Just ahead of Funding Circle, at £1.92bn, the fintech platform has lent to 246,000 borrowers since launch in 2005.[2]

And, during the past 12 years, the platform is said to have returned nearly £130million to investors, delivering constant results despite financial uncertainty. In line with the ‘trendsetting’ nature of the brand, it also announced last year that it is to create a new Zopa Bank to cross into the mainstream. [3]

Zopa CEO, Jaidev Janardana, said: “The £2 billion milestone demonstrates how far we have come, but our journey is only just getting started “Our decision to launch a next-generation bank reflects our mission to create better options for consumers and to shape the future of finance.”[4]


[1]https://www.finextra.com/pressarticle/67816/zopa-passes-2-billion-lending-milestone
[2]http://uk.businessinsider.com/peer-to-peer-zopa-passes-2-billion-lent-over-platform-2017-1
[3]https://www.crowdfundinsider.com/2017/01/95347-journey-just-getting-started-p2p-lender-zopa-tops-2-billion-lending/
[4]http://www.pymnts.com/consumer-finance/2017/zopa-hits-lending-milestone-and-gives-insight-into-borrowers/

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