# Zopa Bank

**Source:** https://www.startuphub.ai/startups/zopa-bank
**Profile type:** Startup

> A UK digital bank offering savings, lending, and everyday banking products.

## About

Zopa Bank is a UK-based digital bank that provides a range of financial services including savings accounts, personal loans, and a current account called Biscuit. Founded in 2004, it has transitioned from a peer-to-peer lending platform to a fully regulated bank. Zopa aims to be a 'Home of Money' for its customers, focusing on rewarding loyalty and deepening customer relationships. The company has reported consistent profitability and significant customer growth, expanding its offerings into everyday banking and investments.

## Key facts

- **Slug:** zopa-bank
- **Website:** https://www.zopa.com/
- **Location:** London, England, United Kingdom
- **Founded:** 2004-01-01
- **Operating status:** Active
- **Total funding:** $623M
- **Sectors / tags:** Fintech, Banking, Lending, Savings, Digital Banking
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/zopa/
  - Twitter: https://twitter.com/Zopa
  - Facebook: https://www.facebook.com/Zopa

## Frequently asked

### What does Zopa Bank do?

Zopa Bank is a UK-based digital bank that provides a range of financial services including savings accounts, personal loans, and a current account called Biscuit. Founded in 2004, it has transitioned from a peer-to-peer lending platform to a fully regulated bank. Zopa aims to be a 'Home of Money' for its customers, focusing on rewarding loyalty and deepening customer relationships. The company has reported consistent profitability and significant customer growth, expanding its offerings into eve…

### What is Zopa Bank's revenue?

StartupHub estimates Zopa Bank's annual revenue at $100.0M (range $75.1M to $178.9M, 42% confidence), based on comparable companies in the sector.

### What is Zopa Bank's valuation?

StartupHub estimates Zopa Bank's effective valuation at $1.6B (range $1.6B to $5.7B, 52% confidence), based on comparable companies in the sector.

### How much funding has Zopa Bank raised?

Zopa Bank has raised a total of $623M in funding. The most recent round on record is Additional Tier 1.

### Where is Zopa Bank headquartered?

Zopa Bank is headquartered in London, England, United Kingdom.

### When was Zopa Bank founded?

Zopa Bank was founded in 2004.

### What industry does Zopa Bank operate in?

Zopa Bank operates in Fintech, Banking, Lending, Savings, Digital Banking.

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