UK Zopa Bank enters the renewable energy market with Octopus transaction and regulated BNPL

Under the agreement, Zopa will finance the purchase and “installation of Octopus solar panels for millions of customers of the British energy giant, spread over up to 84 installments over 7 years. Octopus is the largest electricity supplier in the UK.” Climate change and high energy bills are “increasingly encouraging households to turn to solar energy as a cheap, renewable source of electricity, resulting in…