ZOPA TEAMS UP WITH COMMUTERCLUB TO MAKE TRAVEL MORE AFFORDABLE: UK-based alt lender Zopa has partnered with CommuterClub to enable customers to save money when traveling through the country. CommuterClub offers customers annual travel passes that they pay for on a monthly basis, and it then finds the cheapest travel available for each user. The pass costs £1,999 ($2592) per year, compared with the £2,460 ($3190) a consumer would have to pay when buying conventional weekly tickets. Via the partnership, Zopa will finance CommuterClub’s annual travel passes to help consumers save more money when traveling. Zopa recently secured a £44 million ($57 million) funding round to launch its own digital bank, and partnering with other fintechs like CommuterClub will likely help the alt lender to further diversify its services. Additionally, if Zopa users are able to save more money on travel, they may have more money left to invest with the alt lender, which would further boost its lending platform.


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