Young digital bank Zopa has surpassed £2 billion in deposits. The bank claims to be one of the fastest challenger banks to top this milestone. Zopa Bank is authorized and regulated by the Prudential Regulation Authority and by the Financial Conduct Authority. Zopa started its… Read More
Read more in: Fintech, Global | Tagged banking, digital bank, uk, united kingdom, zopa, zopa bank
While most of the news was swirling around Apple’s (NASDAQ:AAPL) new buy now – pay later (BNPL) product that allows its users to pay in four equal payments over 6 weeks, digital bank Zopa has announced its spin on BNPL with a focus on big-ticket items. The… Read More
Read more in: Fintech, Featured Headlines, Global | Tagged banking, bnpl, buy now pay later, digital bank, uk, united kingdom, zopa, zopa bank
TrueLayer, which claims to be Europe’s leading Open Banking platform, has announced a collaboration with digital bank Zopa, which has gone live with account-to-account payments for its Smart Saver savings account. Zopa’s Smart Saver was launched in February with a focus on “helping consumers at… Read More
Read more in: Fintech, Global | Tagged digital banking, europe, merve ferrero, nick tucker, open banking, truelayer, uk, united kingdom, zopa bank
Zopa Bank, previously Zopa the P2P or Marketplace lender, is now profitable according to a note from the company. The news arrives 21 months after Zopa was approved to operate as a digital bank in the UK. Zopa did not provide details as to how… Read More
Read more in: Fintech, Global | Tagged jaidev janardana, uk, united kingdom, zopa, zopa bank
UK’s digital bank Zopa has appointed Graham Robinson as its new Chief Risk Officer. Graham joins Zopa as it “completes its successful first year as a digital bank and sets its sights on further growth,” according to an update shared with CI. With more than… Read More
Read more in: Fintech, Global | Tagged digital bank, digital banking, europe, jaidev janardana, london, new appointments, uk, united kingdom, zopa, zopa bank
Fintech lender and digital bank Zopa has provided rates for its fixed-term savings accounts and noted that current investors that express interest will get a chance to receive exclusive products. Zopa clarifies that these rates are available only to investors and not necessarily what will… Read More
Read more in: Fintech, Global | Tagged digital bank, digital banking, interest rates, lending, p2p lender, p2p lending, peer to peer, savings accounts, uk, united kingdom, zopa, zopa bank
After an extensive regulatory journey, Zopa has been awarded a full bank license as it transitions from a top online lender to a Fintech offering a growing portfolio of financial services. Zopa Bank will sit alongside its existing peer to peer business (Zopa Limited), as part… Read More
Read more in: Featured Headlines, Fintech, Global, Investment Platforms and Marketplaces | Tagged digital bank, iag silverstripe, jaidev janardana, p2p, peer to peer, uk, united kingdom, zopa, zopa bank
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