P2P lender Zopa has received an AAA rating for the senior tranche of a new £245m P2P securitisation of loans.

Zopa receives AAA rating on £245m P2P securitisation



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P2P lender Zopa has received an AAA rating for the senior tranche of a new £245m P2P securitisation of loans.

The securitisation — which was arranged by Deutsche Bank, and jointly led by Deutsche Bank and Standard Chartered — was the third to be originated through the Zopa platform.

So far, Zopa has facilitated £4.95bn in unsecured personal loans to UK customers, having passed its £4bn lending milestone earlier this year.

Jaidev Janardana, CEO at Zopa (pictured above), said: “Our ability to originate high-quality loans continues to make the Zopa investment proposition an attractive and distinctive asset class for both institutional and retail investors.”

He claimed that this was the first ever global AAA rating for a P2P securitisation and a further endorsement of investor and market confidence in Zopa’s origination and underwriting capabilities.

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