Zopa use case

Using Open Banking for credit decisioning

About Zopa

In 2005 Zopa built the first ever peer-to-peer (P2P) lending company to give people access to simpler, better-value loans and investments. Since then, they've helped hundreds of thousands of customers take the stress out of money by building our business on honesty, transparency and trust.

What's the Open Banking use case?

Zopa is taking advantage of the Open Banking environment. Instead of their customers having to upload bank statements to manually verify their income as part of the loan application process, they can now save time by allowing the company to access their transaction information straight from their bank.

Zopa is powered by TrueLayer

Zopa app screenshots

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