.jpg){kind=avatar}
The Zopa Fixed Term Savings Account offers a competitive rate over 1-5 years and the account can be opened in as little as 7 minutes online with protection of up to £85,000 by FSCS.
Zopa, the 15 year old peer-to-peer lending company, is announcing that it has been awarded its full U.K. bank licence, as it gears up to launch a fixed term savings account, followed by a credit card. Dubbed “Zopa Bank,” the new challenger bank will sit alongside its existing peer-to-peer lending business, under Zopa Group, creating what the veteran fintech previously described as the first hybrid peer-to-peer and digital bank offering.
https://techcrunch.com/2020/06/23/zopa-granted-full-uk-bank-licence/
unknownx500
