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Zopa

One of the UK's original fintech lenders, now a bank

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About Zopa

Zopa pioneered peer-to-peer lending in the UK and is now a fully licensed bank. Its personal loans stand out for competitive APRs and a soft-search eligibility checker that shows your likely rate without harming your credit score. Everything is managed in a slick app, and Zopa also offers savings accounts and a credit card, making it a strong all-round digital lender.

Pros

  • Soft-search quote with no impact on your credit score
  • Competitive APRs for good credit profiles
  • Fast online decision and funding
  • Fully app-based, FSCS-protected bank

Cons

  • Best rates reserved for strong credit profiles
  • Advertised APR not guaranteed for everyone
  • No branch network

Best for

Borrowers who want a quick, transparent quote without hurting their score