P2P lender Zopa has appointed former Virgin Management CEO Gordon McCallum as chairman as it gears up for the forthcoming launch of its new banking venture.
Zopa has received a UK banking license, paving the way for the peer-to-peer lending pioneer to launch a brand-new suite of financial products built on proprietary technology.
Zopa has topped up its latest funding round, which has closed out at £60 million, giving the peer-to-peer lending pioneer a war chest for the upcoming launch of its digital challenger bank.
Commuters can save as much as £500 off the cost of travelling to work, thanks to a new partnership between two pioneering financial services companies, Zopa, and CommuterClub.
Peer-to-peer lender Zopa has scooped £44 million in funding as it lays the groundwork for the launch of its new digital challenger bank.
Peer-to-peer lender Zopa has returned to the black on the back of strong growth in revenue and money lent out.
P2P lender Zopa is restructuring its business into three distinct entities as it prepares for the launch of its challenger bank proposition in the UK.
The UK's major banks are being shown a clean pair of heels by non-bank competitors in the Open Banking space, with new announcements by TrueLayer in tandem with Zopa, and Openwrks demonstrating the determination of third party providers to open up access to consumer account data.
Zopa, the pioneering financial services company, has today announced it has re-opened its platform to new customers.
P2P lender Zopa has begun building the executive team for the launch of its new challenger bank later this year, appointing a CFO, chief risk officer and chief customer officer.
© Finextra Research 2019