Digital bank Zopa cements unicorn valuation with £80m raise

Zopa Bank Raises $86 Million Ahead of Launching Current Accounts

(Bloomberg) — Digital bank Zopa Bank Ltd. has raised €82 million ($86.6 million) as it prepares to launch current accounts in the new year.

Zopa, the UK neobank, snaps up $85M at a $1B+ valuation, eschewing the IPO route

Some believe Klarna’s planned IPO in 2025 could set the stage for other fintech startups to go public. But with the tech IPO market still sluggish, one of

Digital bank Zopa cements unicorn valuation with £80m raise

Zopa, the British-based digital bank, is to cement its status as a home-grown technology unicorn with an £80m fundraising which includes money from an arm of the vast AP Moller conglomerate.

Zopa Secures $87 Million Funding, Solidifying Its Position in Fintech

Zopa, the U.K.-based digital bank, has once again demonstrated its resilience in a challenging fintech landscape, recently securing an impressive $87 million in an equity round. This funding, led by A.P. Moller Holding alongside existing investors, brings Zopa’s total funding to a staggering $1.067 billion. The timing of this investment stands out, especially as many fintechs grapple with a… Source

UK Digital Bank Zopa Raises $85 Million for Expansion and GenAI

British digital bank Zopa has raised 80 million euros (about $85 million) in an equity funding round to accelerate its growth and launch new products. The bank expects to double its profits and increase its annual revenue by 35% in 2024 and is set to launch a flagship current account in 2025, Zopa said in a Friday (Dec. 6) press release emailed to PYMNTS. With its strong business performance, Zopa also sees opportunities for “imminent market exp…

Zopa to launch current account in 2025

Digital bank Zopa has raised £68m to accelerate growth, ahead of ambitious plans for next year, including a current account launch.