Our previous fund Augmentum Capital first invested in 2012 at which point loan disbursals in the previous 12 months had been less than £50 million. By the time that Augmentum Fintech invested in March 2018, loan disbursals had grown at a compound annual growth rate of 61 per cent. reaching approximately £1 billion in 2017 with more than £3 billion lent to UK customers so far. Over 60,000 active individual investors choose to lend through the platform with over 277,000 borrowers approved. Most recently, Zopa has announced plans to launch a bank in 2018 and is in the process of obtaining its banking licence.
Zopa has won multiple awards: Winner 2017, Most Trusted P2P Platform for Borrowers and Investors Moneywise Customer Service Awards; Winner 2017, Best Personal Loan Provider Best and Best Alternative Finance Provider, British Bank Awards among others.
Zopa’s institutional backers include Bessemer Venture Partners, Arrowgrass, Northzone and Wadhawan Global Capital among others