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Zopa Bank

General Information


Zopa launched in 2005 as the first ever peer to peer lending company. In 2016, the firm announced its intention to become a bank and it was granted a restricted banking licence in December 2018 and a full banking licence in June 2020. It launched its first savings products on 25th August 2020. Zopa lends money to personal customers via personal loans, credit cards and car finance.

Banking Licence

Zopa have their own banking licence which isn’t shared with any other banks

Registration Numbers

Companies House Number: 10627575
Financial Conduct Authority: 800542

Based: London

Date Launched: June 2020

FSCS Protected? Yes

Branches: Zopa does not have any branches

People of Interest

Head of Savings

Kian Wanner

Chief Executive

Jaidev Janardana

Saving Information

No. of Savers

10,000 as at 30th June 2021

Amount of Deposits

£675m as at 19th October 2021

Loan Book

£225m as at 31st December 2020

Account Opening and Management

How Do I Open a Savings Account


How Do I Manage a Savings Account

Internet, Telephone, Mobile App


Lending Activities

Zopa lends money in three ways:

1) Personal loans

2) Credit cards

3) Car finance - via a car loan or hire purchase finance


Feefo Reviews

No reviews on Feefo

Savings Guru Verdict

Zopa offer 1, 2, 3, 4 and 5 Year Fixed rates via a quick and easy online application, with savers able to manage their money online, via Zopa's mobile and telephone.  They've been consistently in our fixed rate bond best buys since launch and, as of May 2021, have the highest Trustpilot score for any bank from customer feedback.  Although they have been around for 16 years, they are still in their first year of launch for savings, we expect to see much more from them as they develop their savings business.  We like their promise that savers 'get a fair deal as standard.' One to watch.

Contact Information for Zopa Bank

Contact Details

Address: 1st Floor, Cottons Centre, Tooley Street, London.  SE1 2QG

Telephone: 020 7291 8331


Email: No email address but Zopa does have online chat:

Open: Monday to Friday, 8am - 8pm

About The Savings Guru

We help savers get the best deal for their money by providing unique insight in to the savings market.  We help prospective banks apply for a banking licence and we help build customer services, products and marketing for them.  We also work with existing banks and building societies to improve their savings propositions.  This  insider view of savings means we are uniquely placed to help savers.

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