Zopa, the London-fintech credited with inventing peer-to-peer lending, is launching a challenger bank. The company said in a press release on Wednesday that the bank will sit alongside its peer-to-peer lending business, set up in 2005, but says it will “enhance their market-leading peer-to-peer business.” Investors on the platform will be offered savings and deposit services from the new bank, while those looking to borrow will be offered overdrafts as an alternative. Read more: uk.businessinsider.com
