Zopa Bank to immediately sponsor 50 work Visas following new Home Office guidance, calls on wider UK fintech community to extend support

Zopa Bank only launched only 18 months ago and yet it looks unfazed in asserting itself as a supportive power in the international conflict unfolding before our eyes. The tech unicorn, who raised $500 million from early investors such as Uber and Alibaba, has attracted over £1 billion in deposits, over £1 billion of loans on balance sheet, issued over 200,000 credit cards and stands as a top 5 credit card issuer in the UK. It is clear that the organisation stands strong in their market position and, inspiringly, wants to use that for good.

After the UK Home Secretary, Priti Patel, announced last Thursday the new work Visa concessions for Ukraine nationals, Jaidev Janardana, CEO at Zopa bank, immediately set about launching new supporting measures for eligible Ukrainians.

‘We have been observing with growing alarm and concern the unfolding of a fully-fledged armed conflict in Ukraine. Our thoughts are with all those enduring catastrophic loss of life and human suffering but also with those in our own community who have been touched by the conflict, especially those with families in the region’, said Janardana.

So what are Zopa initiating to assist those involved in the affair? Effective immediately, Zopa bank has committed themselves to:

• Immediately sponsor up to 50 work visas of eligible Ukrainian applicants already in the UK with backgrounds in engineering, technology, and data analytics or with experience in consumer financial services to provide a path to their ongoing security in the UK.
• Fast track the assessment and selection of those Ukrainians wanting to join their British national family members in the UK, giving successful candidates certainty of a role with Zopa and the ability to onboard remotely from secure locations.
• Provide a relocation allowance of one month’s salary to support moving costs on receipt of right to work in the UK.

Immediately committing themselves to the cause at hand is hugely commendable and a prideful standard set in the financial community, Janardana commented how Zopa bank is ‘working with the Ukrainian Embassy in London and Ambassador Vadym Prystaiko to facilitate the process and encourage fellow members of our tech and fintech communities to extend their support.’

Zopa bank’s unique P2P heritage rooted in fintech brings 16 years of lending experience to its operations, a trusted organisation in our sector.

Eligible Ukrainian applicants can email UkraineSupport@zopa.com to find out more, or visit our careers page https://www.zopa.com/about/careers to apply for a fast-tracked role, identifying their current situation in the online application form. Customers of Zopa impacted by the crisis should contact us through our customer services channels, details can be found at www.zopa.com/help