Zopa's P2P business posted £6m loss in final year
Zopa’s P2P business posted £6m loss in final year
Zopa’s peer-to-peer lending business posted a pre-tax loss of almost £6bn in its final year in operation.
Zopa confirmed in December 2021 that it was exiting the P2P space, to focus on its digital bank.
Its winding-down P2P business was sold and rebranded as Plata Finance earlier this year. It no longer accepts retail investors but still maintains an institutional investor base.
Financial results for the 12 months to 31 December …