Zopa said it had been granted an initial permit with restrictions from the Financial Conduct Authority, the U.K.'s financial watchdog, to open a bank. The company said its digital bank offering will ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s oldest peer-to-peer service is warning investors that defaults on its recent loans will be running at ...

One of Britain's fastest-growing alternative lenders, Zopa, is on track to double its loans this year as the peer-to-peer website takes on high street banks. After lending £20m in a month for the ...

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Zopa said that its BNPL service will first be offered as retail finance for merchants through B2B2C partnerships.James Gillham/Money2020 UK neobank Zopa is getting into the buy now pay later (BNPL) ...

Peer-to-peer lending — where savers cut out banks and lend directly to people and businesses at better rates — is growing explosively in the UK and the latest company to underline this is Zopa. The ...

Zopa, a digital bank, has launched a new, branded savings product called “Smart Saver.” The savings vehicle currently offers a 0.72% return for “immediate access to savings,” a return which is said to ...

Happy birthday Zopa. The world’s first crowdfunding platform celebrates its 10 th birthday today and though it took some time to break through, Zopa can now claim to have spawned a movement that is ...

An icon in the shape of a lightning bolt. Impact Link LONDON — Online lender Zopa has raised £32 million from two new investors to fund plans to launch its own retail bank. Indian financial services ...

Zopa recently obtained a banking license from Britain's financial regulator, on the back of a £60 million funding round it closed last month. Chief Executive Jaidev Janardana said the fintech firm ...

Financial technology company Zopa has raised £140m, just in the nick of time to meet a key requirement of its provisional banking license. Zopa announced on Tuesday it had secured the investment from ...

Company tells its 60,000 existing P2P investors it will be handing them back their money It once hoped to make banks a thing of the past by cutting them out of the equation, but now Zopa is shutting ...