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Zopa launches broadband switching service

Written by: Emma Lunn
Peer-to-peer lender turned bank, Zopa, has launched a broadband comparison and switching service.

Zopa is partnering with Decision Tech, part of the MoneySupermarket Group, and follows the rollout of its energy switching service in January this year which is also in partnership with Decision Tech.

Zopa’s broadband comparison and switching service is contained within its app and is free to use to anyone – you don’t need to have any other Zopa products.

According to MoneySupermarket figures, households could save £276 a year by switching internet providers.

Zopa research found that as many people continue to work flexibly, being reliant on broadband for both work and entertainment is now the norm, and Brits are cautious about switching providers.

A recent Which? survey found that one in five people said they’d never switched providers because they hadn’t been able to find a better deal.

Zopa’s broadband comparison tool enables app users to view internet speeds and prices in one place in order to find the best deal for them.

Clare Gambardella, chief customer officer at Zopa, said: “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. 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.”

The past year has also seen Zopa launch a credit card and fixed rate savings accounts.

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