Zopa has entered the broadband comparison market.
The world’s oldest peer-to-peer lender, which already has its own banking brand and energy switching service, will now let customers compare broadband deals through its app.
It is working with MoneySuperMarket brand Decision Tech to provide functionality that will let its app users view internet speeds and prices in one place so they can find the best broadband provider.
“At Zopa, we want to help people improve their finances. Reducing monthly bills not only helps to save money but can also improve your credit score by increasing your disposable income,” Clare Gambardella, chief customer officer at Zopa, said.
“That’s why we have introduced money saving services like broadband switching in our app. We hope this will help customers to spend just minutes comparing deals to find the best value for them.”
Zopa said in June that it was planning to list in London next year or in early 2023.
It is also reported to have identified buy-now-pay-later (BNPL) as its next market.
The platform closed to new P2P investors earlier this year and is still operating a waiting list for new investors.