UK FinTech Zopa has attracted a total of £1bn in deposits.
It also has more than £1bn of loans on balance sheet.
Zopa also announces it has issued more than 200,000 credit cards.
This has been achieved since Zopa launched as a bank 18 months ago.
What does this mean?
Zopa puts the saving and borrowing milestone down to good customer experiences, with a 4.7/5 rating on TrustPilot and various awards under its belt, such as the British Bank Awards’ “UK’s Best Personal Loan Provider”.