British lender Zopa awarded full banking licence

LONDON, June 24 (Reuters) – Britain’s oldest peer-to-peer lending platform Zopa has been awarded a full banking licence by regulators, becoming the latest online player to expand into traditional banking services in a bid to boost profitability. The London-based business launched in 2005 and approves around 1 billion pounds ($1.25 billion) of personal loans [elliotagqr632.bearsfanteamshop.com] …

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