Zopa has grown its customer base at a rate of around 35% annually, expects to end the year with 1.4 million customers, £5 billion in deposits, and profits doubling to £32 million.
Zopa is a U.K. neobank that provides loans, credit cards, and savings accounts to approximately 1.3 million customers. The company has transitioned from a peer-to-peer lending model to a full banking license, focusing on savings and non-P2P loan products.