Tagged: zopa

Zopa Partners with CreditLadder to Help Renters Improve Borrowing Score

Digital bank Zopa has partnered with CreditLadder to help renters improve their credit score thus increasing their eligibility for a Zopa loan. Zopa notes that the integration was accomplished using open banking technology. As renters do not have monthly rental payments added to their credit… Read More

Zopa Tests Work From Home Movement by Allowing Employees to Work from Anywhere Including Abroad

Digital bank Zopa is rolling out a “test and learn approach” for the future of workers by allowing all employees to work from wherever they want – including up to 90 days abroad. COVID has forced most companies to reassess working arrangements as virtual offices… Read More

Open Banking: UK’s Digital Bank Zopa Explains how Consumers Can Benefit from Financial Data-Sharing

Open Banking is about giving users better control over their banking information. Instead of your bank hoarding the details regarding your transactions and account, users are able to decide how and when they want to share these details with other financial services providers and other… Read More

Digital Bank Zopa Raises £20 Million from Existing Investors, Reports £250 Million in Deposits

Zopa, a digital bank, has raised £20 million from existing investors, according to a release from the company. The Fintech said this is an indication of confidence in the initial success of its bank launch and growth of its latest products. The round was led… Read More

Digital Bank Zopa Adds New Feature: Energy Switching and Comparison Service

Digital bank Zopa continues to add new features and services seeking to boost its allure for new and existing consumers. Today, Zopa has announced a new feature that allows its users to compare energy services to lower their monthly cost. Zopa has teamed up with Decision… Read More

UK’s Digital Bank and Online Lender Zopa Aims to Generate Profits in 2021, will Compete with Revolut, Monzo, Other European Challengers

Zopa, formerly a peer to peer lender and now a regulated digital bank, is planning to generate sizable profits in 2021. Jaidev Janardana, CEO at Zopa, will aim to leverage his 15 years+ of experience working in the lending sector to give the platform a… Read More

Digital Bank Zopa Officially Launches First Credit Card Product

Zopa, formerly a peer to peer lender and now a regulated digital bank, has launched its first credit card that is said to be designed to help customers stay in control of their money and their debt. Zopa says its credit card provides a feature called ”Safety Net”  which allows customers to lock… Read More

UK’s Digital Bank and Online Lender Zopa Begins Accepting Credit Card Applications

UK-based Zopa, a digital bank and online lender, has reportedly started accepting credit card applications, as it continues to expand its line of products and services. The company is offering a credit card with annual percentage rates starting from 9.9%, however, there’s a representative APR… Read More

Digital Bank Zopa Now Offers Term Savings Accounts with Interest Rates Over 1%

Zopa, a digital bank and online lender, has published the interest rates affiliated with its savings accounts. According to a note from the Fintech, savers may generate interest from 1.05% to 1.3% – depending on the term. Zopa’s Fixed Term Savings accounts are available today… Read More

As Fintech Zopa Launches UK based Bank, Debt Advice Charity StepChange to Provide Free Debt and Money Management Tools to Customers

UK-based StepChange, a leading debt advice charity, reportedly helps more than 600,000 consumers by offering free-of-cost, “impartial” debt advice every year. The company claims that it sees first hand how talking openly about money management problems can help people, which is why the team at… Read More

Digital Bank Revolut Is Leading the “Re-bundling” Race Among European Financial Technology Firms, Industry Professional Explains

Fintech advisor Efi Pylarinou claims that digital bank Revolut is leading the “re-bundling” race among Europe based financial technology service providers. Pylarinou notes: “As technology [continues to] commoditize products and services at an ever increasing rate, re-bundling catch up is the name of the game… Read More

Real Money Management Professional Laura Whateley from Zopa Recommends Repaying Towards Debts As Soon As Possible

Laura Whateley, a real money management correspondent at Zopa, a Fintech lender and digital bank, notes that at the beginning of the COVID-19 pandemic, it wasn’t really clear how our finances would be affected, and that might still be the case for many individuals and… Read More

P2P Lender and Digital Bank Zopa Releases Rates for Soon to Be Launched Savings Accounts, Existing Investors May Register Interest

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

Fintech Lender and Digital Bank Zopa to Use Paylink Solutions’ Embark Software, a Cloud based Income and Expenditure Solution

Fintech lender and digital bank Zopa has reportedly partnered with UK-based Paylink Solutions, a software developer that provides solutions for the lending and mortgage industries. Zopa, which was recently awarded a full bank license, confirmed that it would be using Paylink’s cloud-powered online income and… Read More

Fintech Lender and Digital Bank Zopa CEO Jaidev Janardana Claims it’s been “Business as Usual” Despite COVID-19 Outbreak

The peer to peer lending (P2P) sector in the UK is currently going through one of its biggest challenges ever, because of the COVID-19 outbreak. Jaidev Janardana, CEO at Zopa, believes a large number of Fintech businesses will be forced to shut down during the… Read More

Survey from Fintech Lender and Digital Bank Zopa Reveals UK Millennials Aim to Save More than Senior Citizens for Emergencies After COVID-19

Nearly a third or 33% of UK residents say they were financially unprepared for the COVID-19 outbreak and resulting challenges. Around 38% of UK residents responding to a survey conducted by Fintech Zopa said they’re now preparing their savings for another potential emergency situation that… Read More

Zopa Becomes a Bank. Fintech Announces Approval of Full Bank License as it Moves Beyond Online Lending

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

UK Fintech Lender Zopa to Reintroduce C Risk Band Loans into its Plus Product Offering

Fintech Zopa, the one platform to launch an entire sector of Fintech as it became the first peer to peer lending platform in the UK, recently reintroduced C risk loans back into its Plus product offering. Zopa, which still offers online lending in a more… Read More

Scam Alert: Fintech Zopa Warns that Many Fraudsters are Using Emails and Texts to Find and Target Unsuspecting Consumers

Fintech Zopa, which offers online lending services in a fund based fashion, has warned that scammers have been taking advantage of the current situation. According to a report from Action Fraud, victim losses due to the fraudulent activity related to the Coronavirus (COVID-19) in March… Read More

Fintech Zopa Reveals that Most Experts Say Consumer Lending Performance will be Less Volatile than Property Development, Business Lending During Coronavirus Crisis

Fintech Zopa, which provides online lending services in a fund based fashion, notes that during these challenging times, the company has noticed how peer-to-peer (P2P) platforms have taken varied approaches to mitigate the disruption caused by the Coronavirus (COVID-19) outbreak. The Zopa team explains that… Read More

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