Foreign news Zopa hits 1 billion 19 August 2015 3:46PM Banking Day staff Foreign news, UK peer-to-peer lender Zopa, which has been operating since 2005, has facilitated £1 billion of loans to 146,000 borrowers, Finextra reports. The company reported loan volume of £52 million in July - up 122 per cent on July last year. Zopa has 61,000 lenders on its books. The most common reason for applying for a loan is to buy a car.