UK FinTech Zopa has attracted a total of £1bn in deposits.
In Brief:
It also has more than £1bn of loans on balance sheet.
Zopa also announces it has issued more than 200,000 credit cards.
This has been achieved since Zopa launched as a bank 18 months ago.
What does this mean?
Zopa puts the saving and borrowing milestone down to good customer experiences, with a 4.7/5 rating on TrustPilot and various awards under its belt, such as the British Bank Awards’ “UK’s Best Personal Loan Provider”.
This partnership marks a significant milestone as PayPal remains one of the preferred payment options for Mollie's customers
Sumsub integrates Elliptic’s blockchain analytics to enhance crypto wallet screenings and risk assessment capabilities for clients.
Clients can enjoy flexible features, enabling fund withdrawals and re-investments within the same tax year- without impacting their ISA allowance or interest rate...
The proposal aligns with European regulators’ push for banking sector consolidation, aiming to enhance competitiveness and efficiency in the fragmented Italian market...
This partnership marks a significant milestone as PayPal remains one of the preferred payment options for Mollie's customers
Sumsub integrates Elliptic’s blockchain analytics to enhance crypto wallet screenings and risk assessment capabilities for clients.
Clients can enjoy flexible features, enabling fund withdrawals and re-investments within the same tax year- without impacting their ISA allowance or interest rate...
The proposal aligns with European regulators’ push for banking sector consolidation, aiming to enhance competitiveness and efficiency in the fragmented Italian market...
In this insightful report, OzoneAPI delve into the pivotal developments that have shaped the landsca...
Key findings from the report:Embedded finance is expected to dominate the industry in 10 yearsThere...
UK FinTech investment falls 56% to £14.42bn in 2022After an incredibly strong 2021, with total FinTe...
Fintech also provides tools to help manage these risks. Financial authorities and their supervisees...
04 December 2024 - 05 December 2024
12:00 AM - 12:00 AM
ExCel London, Western Gateway, Royal Victoria Dock, London, London, E16 1XL
25 February 2025
12:00 AM - 12:00 AM
InterContinental London - The O2, 1 Waterview Drive, London, Greenwich, SE10 0TW