Zopa Bank Limited

Based in London, UK, and founded in 2005 by Dave Nicholson, Giles Andrews, James Alexander, Richard Duvall, Tim Parlett, and its CEO Jaidev Janardana, Zopa Bank Limited (Zopa Bank), formerly Zopa Limited is a Fintech company operating as a digital bank. Zopa was initially a peer-to-peer lending platform which began its pivot into banking in 2016 in order to access more stable ways to fund its loans, and it fully became a digital bank in 2020. In December 2024, Zopa Bank Limited raised GBP 80 million in venture funding led by A. P.

Moller Holding, with participation from Augmentum, Davidson Kempner Capital Management, and SilverStripe Investment Management and JNE Partners. In August 2025, Zopa Bank, a portfolio company of Kinled Holding, Balderton Capital, Wellington Partners, Bessemer Venture Partners, Rowland Family, Augmentum, Forward Partners, Arrowgrass Capital Partners, Alpaca VC, Finch Capital, JP Morgan Asset Management, Northzone, Runa Capital, Wadhawan Group, IAG Capital Partners, Alternative Credit Investments Plc, VentureFounders, Chimera Capital Management, Davidson Kempner Capital Management, SB Investment Advisers, A. P. Moller Holding, JNE Partners LLP, and SilverStripe Investment Management, acquired Rvvup ltd.

Financial terms of the transaction were not disclosed. The company offers Zopa Bank platform, which was launched in 2020 and offers fixed-term savings and credit cards. The company also offers car loans, debt consolidation loans, home improvement loans, wedding loans, personal contract purchase (PCP) car finance, smart savings options, and Hire Purchase car finance.   Zopa Bank generates revenue by charging an interest rate to borrowers.