Zopa

Zopa is the world's oldest and Europe's largest peer to peer lender, and it has operated in the UK since 2004.

Zopa helps savers get a better rate of interest by lending their money out direct to individuals, who in turn get to borrow at a cheaper rate than they might find elsewhere, and is the foremost of a new breed of innovative lenders challenging the traditional banks.

In 2017 Zopa became fully regulated by the Financial Conduct Authority so it could offer more financial products. In 2018 Zopa was awarded a banking licence to offer even more financial products - aiming to offer credit cards and a fixed savings deposit to customers in 2019.