Zopa Bank has entered into a new partnership with high street retailer John Lewis to provide personal loans to its 23 million customers via the John Lewis Money website.
Key Features:
- Personalized Loan Quotes: Customers can receive a loan quote within three minutes and access the funds within two hours.
- Loan Range: Loans will range from £1,000 to £35,000 with terms from one to seven years.
Andy Piggott, director of credit and banking at John Lewis Money, expressed excitement about expanding their relationship with Zopa, stating the partnership aims to help customers finance important purchases like home renovations, car purchases, or once-in-a-lifetime trips.
Zopa Bank, which serves 1.3 million customers, offers a variety of financial services, including personal loans, credit cards, point-of-sale finance, and more. In addition to John Lewis, Zopa’s loan products are also integrated with other businesses like Simba, Emma, Swyft, and Octopus Energy.