Metro Bank sells personal loan book in switch to specialist lending February 26, 2025 Metro Bank is set to sell its £584m portfolio of unsecured personal loans as the lender switches prioritisation to specialist lending. The disposal, which was first flagged as a possibility at the end of January, will generate £11m in gains for the FTSE 250 bank. The deal – with an undisclosed buyer – comes ahead [...]
John Lewis partners with Zopa to boost personal loan offering October 16, 2024 John Lewis has partnered with an online back to offer personal loans of up to £35,000 to its 23m customers. The department store chain‘s financial services arm is working with Zopa Bank to provide its customers with more finance options. The bank will be embedded into the John Lewis Money website with a personalised loan [...]
Smart data isn’t just a buzzy phrase – it will revolutionise financial services sector September 23, 2024 Smart data is the key to levelling the playing field for SMEs that have been left behind in the digital revolution, says Lord McNicol