Zopa Bank takes over Rvvup as it expands payments grip

Zopa Acquires Rvvup to Drive Embedded Finance Business

U.K. digital bank Zopa says it is purchasing payments platform Rvvup. The company said the deal, announced Monday (Sept. 1), will accelerate its retail finance services and triple the size of Zopa’s embedded finance business within two years. “This unique offering drives multiple benefits for merchants and end consumers alike,” Zopa said in a news release. “New and existing merchants benefit from a single, simple integration, deeper da…

Zopa Bank takes over Rvvup as it expands payments grip

Zopa Bank has doubled its pre-tax profit in the 2024 financial year to 34.2 million

Zopa Expands Financial Services with Acquisition of Payments Automation Firm RVVUP | Fintech InShorts: Latest fintech news, analysis by experts

Strengthening its position in the fintech landscape through strategic acquisitions Highlights: Zopa has acquired RVVUP, a company specializing in payments automation. This acquisition aims to enhance Zopa’s existing financial services and technology solutions. The move is part of Zopa’s strategy to solidify its presence in the competitive fintech market. Zopa’s acquisition of RVVUP marks a significant development in the fintech sector, highligh…

Zopa acquires AI payments firm to increase retail finance business

Challenger bank Zopa has acquired online payments platform Rvvup and will make it a subsidiary in a bid to expand its retail finance offering. Currently, Zopa offers point-of-sale lending on merchant checkouts. But through this acquisition, the bank will support even more payment options in a single, artificial intelligence-driven user experience. To do this, Zopa will tap into Rvvup’s AI Payment Agent, which is designed to automate every step o…

Unicorn Zopa Bank to Rvvup with 2nd acquisition

Digital bank Zopa has acquired payments platform Rvvup for an undisclosed fee as it looks to accelerate its retail finance offering.  The move positions the London-based FinTech at the centre of the merchant’s checkout, it says, expanding its capability from point-of-sale lending to supporting all modern payment methods via one unified experience.  New and existing merchants are said to benefit from a single, simple integration, deeper data insi…