Zopa Bank Expands Partnership with John Lewis Money to Offer Seamless Personal Loans to Millions

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London, UK – October 2024: Zopa Bank is excited to announce a new partnership with John Lewis Money, the financial services arm of the John Lewis Partnership, to offer its award-winning personal loan product to 23 million John Lewis customers. This strategic partnership strengthens Zopa’s presence in the market, offering more consumers access to simple, transparent, and value-driven finance options.

With the new integration, Zopa Bank’s personal loans will be available directly through the John Lewis Money website. Customers can get a personalised loan quote in just three minutes with no impact on their credit score, and once approved, most can access their funds in under two hours. Loan amounts range from £1,000 to £35,000, with terms spanning from one to seven years, making Zopa Bank’s trusted loan products more accessible for John Lewis customers—whether it’s for a new car, a dream wedding, or home improvements.

Tim Waterman, Chief Commercial Officer at Zopa Bank, shared his enthusiasm:
“Providing consumers with great value and a seamless experience has always been our focus at Zopa. We’re delighted to partner with John Lewis Money, bringing our award-winning personal loans to its millions of loyal customers. Whether it’s a new car, a once-in-a-lifetime trip, or making a house a home, our goal is to make borrowing simple, transparent, and affordable.”

This partnership builds on an already strong and growing relationship between Zopa Bank and John Lewis Money, which has spanned nearly two years. Andy Piggott, Director of Credit and Banking at John Lewis Money, said:
“Zopa has been a valued partner, and this next phase allows us to offer their personal loans directly on our platform, expanding the financial options available to our customers. We’re excited to help even more people turn their ambitions into reality, whether it’s a home renovation, a new car, or a special event.”

Zopa Bank is known for its customer-centric approach, with a commitment to providing personalised loan rates and instant approvals. As one of the UK’s highest-rated financial institutions, Zopa Bank was recently voted Best Personal Loan Provider and Best Credit Card Provider at the 2024 British Bank Awards.

Tailored Finance for Every Need
Through this partnership, Zopa’s lending products, starting at £1,000 and going up to £35,000, offer flexible terms and great rates, depending on an individual’s circumstances. Customers can confidently access loans for a range of needs, whether it’s a major life event or a simple financial boost.

Seamless Business Integrations
Zopa’s lending and point-of-sale offerings can be easily integrated into its business partners’ platforms, allowing companies like John Lewis to provide seamless finance solutions. Zopa has a track record of successful partnerships with leading UK retailers and service providers, such as Simba, Emma, Swyft, and the UK’s largest electricity supplier, Octopus Energy.

Credit Terms and Regulation
Rates depend on individual circumstances, and all credit is subject to status and affordability. Terms and conditions apply, and missed or late repayments may affect a customer’s credit rating and future access to credit.

John Lewis Finance Limited acts as an Introducer Appointed Representative of Zopa Bank, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

About Zopa Bank
Zopa Bank is a digital-first financial services provider, offering personal loans, credit cards, retail finance, and savings accounts. Known for delivering exceptional value and a seamless customer experience, Zopa Bank is one of the UK’s most trusted and celebrated financial brands.

About John Lewis Money
John Lewis Money is the financial services arm of the John Lewis Partnership, offering a variety of credit and finance products to millions of UK consumers.

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