Zopa Group PLC, a digital bank reportedly being used by 1.6 million customers, has entered the Investments market in order to help the 15 million UK consumers who currently may hold excess cash and want to grow their money.
Intended for the nation’s new generation of so-called first-time investors seeking to make their funds work harder with the added peace of mind, Zopa Investments now becomes part of Zopa’s strategy and aim to build the Home of Money.
Providing solutions for financial planning, Zopa Investments sits alongside other products such as the Zopa Cash ISA and Biscuit Current Account — providing clients with ways to prepare responsibly for the foreseeable future.
At the time of launch, UK’s digital bank Zopa will reportedly provide two funds, Balanced and Bold, with a track record of 4.5% and 9.3% average annual returns respectively, “available in General Investment and ISA wrappers.”
Additional updates will aim to provide a selection of Exchange Traded Funds (ETFs) and user experience additions like insights and prompts in order to help clients “get the most” from the product.
The funds are now reportedly being managed by Invesco, one of the world’s investment managers with (reported) more than $2tn in assets, connected to Zopa using Upvest‘s API infrastructure.
Clients are now able to begin investing in “minutes with as little as £1.”
Zopa Investments are being launched in beta to existing customers before becoming available to “the wider public in early 2026, targeting those 15 million UK adults who hold more than 6 months’ income in cash but are not yet investing.”
Merve Ferrero, Chief Strategy Officer at Zopa Bank said that for too long, Brits have been sitting “on billions of cash — not because they don’t want to invest, but because they don’t know where to start.”
At Zopa, they are claiming to be “changing that.”
Their customers reportedly trust Zopa with “over £6 billion of their savings, and have been asking for a simple way to begin investing.”
Bringing Investments and Stocks & Shares ISA accounts alongside savings and cash ISAs under one Zopa roof gives customers “more financial control, all within an education-led platform designed to build … peace of mind.”
Lucy Rigby MP, Economic Secretary to the Treasury & City Minister, added that the launch of Zopa Investments is a key “step towards opening the doors of responsible investing to millions across the UK.”
By making investing accessible, Zopa is helping a so-called “new generation of Britons sow the seeds of long-term prosperity — nurturing confidence, independence, and a deeper connection to the nation’s economic growth.”
With £614 billion said to be “sitting idle” and 4 in 10 Brits lacking confidence in their long-term financial goals, Zopa Investments was unveiled at the bank’s new Canary Wharf office.
It comes 6 months after launching Biscuit, the United Kingdom‘s current account for everyday value that has amassed “close to 200,000 customers.”
The launch comes after a solid year for Zopa, marked by (reported) double-digit growth and profitability.
Pre-tax profits are said to have doubled to £34.2 million in FY2024.
Zopa forecasts now that it may “again double profits” this latest financial year.
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