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.
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Zopa granted full UK bank license as it gears up to launch savings account and credit card
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.
