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 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

5 tips to keep your information safe

Whether we're shopping, registering for services, or managing accounts, we provide vendors with personal and information about ourselves. In most cases, companies work hard to ensure this information is protected, and only used in relation to the service you're using.

Explaining the secondary market

Back in 2010, we introduced the ability for investors to access all or some of their money before the loan terms they’re invested in are completed. This is done by selling loans to other investors. For Classic and Plus investments, there’s a 1% fee for this service. In order to sell your loans, there must

Why we're building a bank

In November, we announced our intention to launch a next generation bank. This week, at AltFi Europe, I spoke about why we are uniquely placed to do this, how we see our banking products fitting into the personal finance landscape and how this fits into Zopa’s vision.

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