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The Independent UK
The Independent UK
Business
Karl Matchett

How Zopa want to be the next great British digital bank success story

Zopa Bank CEO Jaidev Janardana - (Zopa Bank)

An increasing number of UK adults now have a bank account with a digital-only provider, with finance management by app a common solution for fast payments, splitting bills with friends, and getting good interest rates.

Research by Finder, the comparison site, shows that almost half (49 per cent) of Britons have opened a digital-only bank, with that number significantly higher at almost two-thirds of Gen-Z (65 per cent) and Millennials (63 per cent).

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