Zopa expects its banking arm to make a profit in its first year of operation after high demand for banking services that are designed to be as easy to use as Netflix. In its first 12 months, Zopa Bank ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The leading digital bank aims to use the funds to drive ...

Peer to peer lender Zopa has raised £32 million in a “series of transactions” to finance the creation of a next generation bank. The funding was led by Wadhawan Global Capital Pvt Ltd (WGC), an Indian ...

London fintech Zopa has borrowed £75 million from a group of existing investors as it aims to turn its first profit in 2023, its 19th year of operation (Zopa) The London Bridge-based firm, which was ...

Digital bank Zopa is looking to streamline its motor finance offering and broaden its market reach through a newly announced integration with iVendi’s connected retailing platform. According to a ...

Peer-to-peer lending pioneer Zopa today announced a partnership with leading challenger bank, Metro Bank, to lend funds through Zopa’s online marketplace.This innovative deal is the first of its kind ...

Zopa bank has acquired fintech DivideBuy, in what it described as a move into buy now, pay later (BNPL) 2.0 financial services. The acquisition comes soon after Zopa announced a new round of funding ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The news comes just four years after getting its banking licence and four ...

LONDON — Online lender Zopa is close to finishing building the tech it needs to launch a full bank, according to its CEO. Jaidev Janardana told Business Insider: "In terms of building, we are actually ...

LONDON — Online lender Zopa has raised £32 million from two new investors to fund plans to launch its own retail bank. Indian financial services group Wadhawan Global Capital and European venture ...

Obtaining a banking license and then launching an actual new retail bank requires capital. A lot of capital. Enter Zopa, the U.K. peer-to-peer lending company that wants to become a bank, which today ...

London fintech Zopa Bank just raised a $300 million in a pre-IPO raise from SoftBank. Founded in 2005, Zopa got a UK banking license last year and has grown rapidly as a result. Insider understands ...