Zopa Bank Partners with John Lewis Money to Streamline Personal Loan Access
In an exciting new collaboration, Zopa Bank has announced a partnership with John Lewis Money, the financial services branch of the John Lewis Partnership. This partnership allows 23 million John Lewis customers to access personalized personal loan options easily and quickly.
Customers can obtain a loan quote in just minutes without impacting their credit score. Once approved, most will receive their funds within two hours. Loan amounts range from £1,000 to £35,000, with flexible terms from one to seven years, offering customers financial flexibility for various needs.
Zopa Bank’s Growth and Offerings
Since becoming a bank in 2020, Zopa Bank has rapidly expanded, now serving over 1.3 million customers with a wide range of financial products. These include personal loans, credit cards, car finance, savings accounts, point-of-sale retail finance, and innovative financial health tools. Zopa continues to grow both organically and through strategic partnerships, product development, and business expansion.
Later this year, Zopa Bank is set to launch a current account, further enhancing its offerings.
Zopa Bank also integrates its services to support leading e-commerce partners like Simba, Emma, Swyft, and Octopus Energy, showcasing its commitment to delivering adaptable financial solutions tailored to the needs of its business partners.
Aiming to Be Britain’s Best Bank
As a tech unicorn with a strong fintech background rooted in peer-to-peer lending, Zopa Bank boasts over 20 years of experience in the lending sector. To date, it has approved £11 billion in personal loans. Since securing its banking license, Zopa has grown to over 1 million customers, achieved profitability, and launched a comprehensive suite of products, including unsecured personal loans, credit cards, car finance, savings accounts, and tools designed to improve financial health and management.
Zopa Bank Limited is fully authorized by the Prudential Regulation Authority and regulated by both the Financial Conduct Authority (FCA) and the Prudential Regulation Authority, ensuring that its services meet the highest standards of security and trustworthiness.
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