Peer2Peer Finance News
The UK's first peer-to-peer finance magazine for investors and the industry
  • Home
  • News
    • Personal Finance News
    • Industry News
    • SME News
    • Global News
  • Property
  • IFISA
    • IFISA Guide
  • Video
  • Open Banking
  • Cryptocurrency
  • Features
    • Joint Ventures and Promoted Content
  • Comment & Analysis
  • What is P2P?
  • Partners
  • Events
    • Past Events
  • P2P Power 50
    • Power 50 2020
    • Power 50 2019
    • Power 50 2018
    • Power 50 2017
  • Sign up to our e-newsletters
  • Magazine
  • Directory
  • Jobs
  • My Account
    • Manage Account
    • Change Password
    • Log In
    • Log Out
Natasha Wear_Zopa (1)
March 10 2020

Zopa marks 15th anniversary with £350m interest milestone

Michael Lloyd Industry News, News, Top 3 Natasha Wear, Zopa

Zopa has revealed that it has returned £350m in gross interest to its investors, as it starts to celebrate its 15-year anniversary.

Zopa was the first and only peer-to-peer platform in the UK when it launched in March 2005. To mark the anniversary, the platform worked out that if a consumer had invested £1,000 in the year of Zopa’s launch, they would have seen their money grow to £2,090 today, based on Zopa’s average annual returns across all investors over the period.

Read more: Revealed! Which P2P lenders are growing revenue the fastest

Zopa’s blended return rate over that time is 4.9 per cent, including through the financial crisis, and takes into account compounding interest, but does not include additional money invested by the person into their account.

Over the past decade and a half, the platform has generated interest earnings of £158m for its retail investors and £193m for institutional investors who lend through the platform – a combined total of £351m.

“15 years ago, Zopa created the P2P lending model, focusing specifically on personal loans as an asset class,” said Natasha Wear (pictured), chief executive of P2P at Zopa.

“Offering investors a unique balance of risk and reward, tens of thousands of people have enjoyed a stable, reliable and attractive return on their investments.

“We firmly believe that our asset class, approach to risk management, and lending expertise, gives us a distinct advantage over both mainstream and alternative investment options.”

Read more: Zopa sells new batch of bad loans

Read more: Zopa director resigns following arrest

North/South divide narrows in UK property market Assetz Capital changes how investors deposit funds

Related Posts

funding to businesses

Industry News, News, Top 3

Government to launch replacement future fund scheme

money UK

Industry News, News, Top 3

BBB sets out further details on recovery loan scheme

Forensic Expert Pressing TASK FORCE

Industry News, News, Top 3

Treasury launches £100m Taxpayer Protection Taskforce

Popular posts:

  • The House Crowd goes into administration
  • Chancellor unveils recovery loan scheme
  • Budget outlines plans for £15bn of green bonds in 2021
  • Sunak to announce stringent CBILS successor scheme
  • FCA warns The House Crowd investors against using…
  • Cyan Finance launches IFISA to help investors go green
Back To Top
  • Home
  • Contact
  • About
  • Team
  • Advertising
  • Subscribe
  • Privacy
  • T&Cs
  • Disclaimer

Follow Us on Social Media

© Peer2Peer Finance News 2020
• Additional design by