John Lewis Expands Finance Offerings with Zopa Loan Partnership

The retailer will offer personal loans up to £35,000, enhancing its financial services amid industry shifts.

John Lewis has partnered with digital bank Zopa to offer personal loans ranging from £1,000 to £35,000.
Loans will be available on the John Lewis website, with approval and access to funds in under two hours.
The move comes as John Lewis aims to strengthen its finance arm, John Lewis Money, while other retailers scale back banking services.
Customers can use the loans for various purposes, including home renovations, car purchases, holidays, and weddings.
This expansion aligns with John Lewis's strategy to diversify its services and support its retail operations.