Zopa Bank launched investment products through a partnership with infrastructure provider Upvest, intensifying competition with Revolut as the smaller digital bank adds brokerage services to match its larger rival's offerings.

Zopa Challenges Revolut With Investment Products Launch

The digital bank rolled out general investment accounts and stocks and shares ISAs in beta to current customers, with plans to open access to the broader public early next year. Zopa faces an uphill battle against Revolut, which serves 10 million UK customers and operates a trading platform with more than 650,000 active users.

“Zopa Investments are being rolled out in beta to existing customers before becoming available to the wider public in early 2026, initially targeting those 15 million UK adults who hold more than six months’ income in cash but are not yet investing,” the company commented in a statement.

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Customers can open accounts with £1 minimum deposits and move money in and out while maintaining full annual ISA allowances, according to the announcement. The bank plans to add exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term-traded funds and additional features after the initial rollout, mirroring Revolut's strategy of expanding investment options over time.

“For far 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, we’re changing that,” Merve Ferrero, CSO at Zopa, said.

This is another step by the smaller challenger this year to take on British fintechs, including Monzo, after launching current accounts in June and expanding significantly since its initial P2P lending offering.

Size Gap Creates Uphill Competition

Revolut dwarfs Zopa across nearly every metric, operating with a customer base more than six times larger and a $45 billion valuation earned through rapid international expansion.

The fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term giant added 10 million customers during 2024 alone, matching the total growth trajectory Zopa would need several years to achieve at current rates.

Revolut received a standalone UK trading license from the Financial Conduct Authority in November 2024, allowing the platform to offer UK and EU-listed stocks and ETFs starting in 2025. The company currently provides access to more than 4,000 stocks across US, UK, and European markets through its investment platform.

Digital Bank Builds Full Product Suite

The bank reported £20.7 million in profit during the first half of 2025, tripling year-earlier results, while revenue climbed 30% to £303.4 million for the full 2024 year. One in four Zopa customers now holds multiple products with the bank, indicating success in cross-selling lending, deposit, and transaction accounts.

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— Zopa Bank (@Zopa) June 24, 2025

Upvest's Investment API processes internal transfers between Zopa's existing cash ISAs and the new stocks and shares ISAs, eliminating manual paperwork that typically delays account migrations. The Berlin-based technology company also powers investment platforms for Revolut, creating a situation where the same infrastructure provider supports both competitors.

“We’re proud to be powering Zopa’s brand new capabilities with Upvest’s Investment API. Our partnership will make investing easy, simple, and trustworthy for Zopa’s 1.6 million customers as it enters its next phase of growth,” added Symmie Swil, UK General Manager of Upvest.

Upvest works with several major brands in the European market, most recently partnering with IG to help the London-listed brokerage introduce stock trading in France. Earlier, the company enabled Webull UK to add London-listed shares to its offering.

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