
SoftBank-backed Zopa Eyes Profit Surge, 2025 Account Launch

Zopa, a prominent fintech company backed by SoftBank, has set ambitious goals for the current year. It aims to double its profits. The company’s strategic focus on expanding its product offerings and increasing customer acquisition is expected to drive this growth.
One of the key initiatives driving Zopa’s growth is the planned launch of current accounts in 2025. By offering a comprehensive suite of financial services, including current accounts, savings accounts, and loans, Zopa aims to become a one-stop shop for its customers’ financial needs.
The company’s strong performance in the recent past has been fueled by the increasing popularity of its consumer loans and credit cards. Zopa’s innovative approach to lending and its focus on responsible lending practices have contributed to its success.
To further solidify its position in the market, Zopa is investing heavily in technology and data analytics. By leveraging advanced technologies, the company can improve its customer experience, enhance risk management, and develop innovative financial products.
As the fintech industry evolves, Zopa is well-positioned to capitalize on emerging trends and opportunities. The company’s focus on customer-centricity, coupled with its strong financial performance, positions it for sustained growth in the years to come.

Eurozone Inflation Inches Up to 2.1% in August
Eurozone inflation inches up to 2.1% in August, driven by food and services, while core inflation holds steady at 2.3%, keeping ECB policy on pause.

UK Manufacturing Continues to Contract as Orders and Exports Fall
UK manufacturing continues to contract for the 11th consecutive month, with PMI at 47.0. New orders and exports slipped amid tariff pressures and weak client confidence.

Notting Hill Carnival Uncertain Future Amid Funding and Safety Challenges
The Notting Hill Carnival faces an uncertain future due to funding gaps, surveillance concerns, and rising costs for vendors. Organizers call for urgent structural support to preserve the iconic event.

UK Economy 2.2% Larger Than Pre‑COVID Peak After ONS Revision
UK economy 2.2% larger than pre‑COVID peak, revised by ONS using improved R&D and multinational data. Growth stronger than thought but long-term challenges persist.