Zopa granted full UK bank licence as it gears up to launch savings account and credit card

Zopa granted full UK bank licence as it gears up to launch savings account and credit card

4 years ago
Anonymous $GRbK1oXs9y

https://techcrunch.com/2020/06/23/zopa-granted-full-uk-bank-licence/

Zopa, the 15 year old peer-to-peer lending company, is announcing that it has been awarded its full U.K. bank licence, as it gears up to launch a fixed term savings account, followed by a credit card.

Dubbed “Zopa Bank,” the new challenger bank will sit alongside its existing peer-to-peer lending business, under Zopa Group, creating what the veteran fintech previously described as the first hybrid peer-to-peer and digital bank offering.