Zopa blog

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How does cashback work on a current account?

A cashback account rewards you for payments you make every month. Learn how cashback is calculated, what qualifies, and what to look for in an account.

Current account vs savings account: how to find the right fit for your finances

When it comes to opening a bank account, you’ll normally be choosing between two options: a current account or a savings account. But what’s the difference? And how do you know what’s the best option for your finances?  

Zopa raises £44m in largest funding round to date

Zopa has today announced it raised £44m, closing the first stage of its latest fundraising round. Zopa created the peer-to-peer lending industry in 2005, revolutionising access to loans and investments. Since then Zopa has lent £3.5bn to UK consumers, helping nearly half a million people make more of their money while enjoying a world class

Zopa celebrates £1.5m profit as revenues climb by 40% to £46.5m

Zopa has announced a 2017 profit after tax of £1.5m for its peer-to-peer business. This marks its move back into full year profitability\*. It was a year of strong and sustainable growth for Zopa, with 2017’s revenue of £46.5m up 40% on 2016 (£33.2m revenue, loss of £5.8m). The rise in revenue sits alongside an …

Zopa research confirms that the kitchen really is the heart of the home…and a new one can deliver homeowners more than 50% return on investment

A quarter of British homeowners looking to improve their homes this summer are choosing to renovate their kitchen and seeing a 51% return on investment as a result, according to new research by Zopa, the pioneering financial services company. Zopa’s research found that 25% of British homeowners undertaking a home improvement are opting for a

The improvements that add value to your house

Zopa’s latest Home Improvement Index has revealed which renovations you should undertake to add value to your house. The top home improvements that add value to your house The research found that whilst the kitchen was the most popular home improvement, a loft conversion would give homeowners the best value for their money with a

Safeguard Update

On the 15th June we will be launching Zopa Core, to run alongside Zopa Plus, (both of which will be available in the ISA wrapper from the same date). Zopa Core will offer customers loans from our A\*- C markets, and like Plus, the loans will not be covered by the Safeguard Fund.

Zopa opens development centre in Barcelona

Zopa has opened a development centre in Barcelona, Spain. The new hub will initially focus on building the technology to support the launch of our next generation bank and developers will work on developing payment gateways, credit card processing, and deposit systems. Zopa’s Chief Technology Officer, Ronen Benchetrit, commented, “As one of the world’s first

Introducing the Zopa IFISA and Zopa Core

Following on from our FCA authorisation, I wanted to write to explain what happens next and some important changes we’re making to our service. Introducing our IFISA Pending final approval from HMRC, we’re excited to announce our flexible Innovative Finance ISA (IFISA) – with target returns of up to 6.1% – will be available from

Zopa receives full FCA authorisation

Press release LONDON, 11.05.17: Zopa, the pioneering financial services business, announces that it has today been granted full authorisation by the FCA for peer-to-peer lending (Article 36H). Giles Andrews, co-founder and Chairman of Zopa commented: “Zopa, both individually and as a founder member of the Peer-to-Peer Finance Association (P2PFA), has campaigned for peer-to-peer lending to

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