Zopa

FinTechs’ Shift Toward Profitability Gets Mixed Views From VCs
FinTechs’ Shift Toward Profitability Gets Mixed Views From VCs
March 06, 2023  |  Fintech Investments

In a race to break even, British FinTech giant Revolut is the latest startup to claim profitability, a milestone that few neobanks have attained despite...

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Digital Bank Zopa Acquires BNPL Firm DivideBuy
Digital Bank Zopa Acquires BNPL Firm DivideBuy
February 16, 2023  |  Acquisitions

British neobank Zopa has found its first-ever acquisition in buy now, pay later firm DivideBuy. The deal, announced Thursday (Feb. 16) comes two weeks after...

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UK Edges Closer to BNPL Regulation as Consultation Kicks Off
UK Edges Closer to BNPL Regulation as Consultation Kicks Off
February 15, 2023  |  BNPL

The U.K. has launched a long-awaited consultation aimed at regulating the BNPL sector. The eight-week consultation, which started Tuesday (Feb. 14) and was announced by...

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Digital Bank Zopa Looks to M&As After $93M Fundraise
Digital Bank Zopa Looks to M&As After $93M Fundraise
February 02, 2023  |  Digital Banking

U.K. digital bank Zopa is looking to expand after raising $93 million in an equity round. The funding, announced Thursday (Feb. 2) in a news...

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Monzo Revenue Surges 250% as UK Neobanks Talk Up Profitability
Monzo Revenue Surges 250% as UK Neobanks Talk Up Profitability
January 31, 2023  |  Earnings

Monzo is one step closer to achieving annual profitability by the end of this year. The firm’s latest earnings show that the U.K.-based neobank’s annualized...

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UK Challenger Bank Zopa Reaches £2B Deposits Mark
UK Challenger Bank Zopa Reaches £2B Deposits Mark
August 25, 2022  |  Digital-First Banking

U.K. challenger bank Zopa reported Thursday (Aug. 25) that its deposits now total more than £2 billion, driven by its offer to help customers do...

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As Macro Headwinds Mount, UK Neobanks Revisit the Profit vs Growth Debate
As Macro Headwinds Mount, UK Neobanks Revisit the Profit vs Growth Debate
July 31, 2022  |  Digital Banking

The U.K. is home to popular digital-first challenger banks valued at over $1 billion such as Monzo, Revolut and Starling. Zopa, another British FinTech which...

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PYMNTS AM Radar: Outsmarting Fraudsters; Bitcoin History Tell-All; BNPL Regs; Faster Access; ICYMI
PYMNTS AM Radar: Outsmarting Fraudsters; Bitcoin History Tell-All; BNPL Regs; Faster Access; ICYMI
June 22, 2022  |  Technology

Today is Wednesday, June 22 and Google News is turning 20 this year and getting a facelift. The redesign is inspired by user feedback and...

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What’s Next in BNPL: Zopa CEO Says Longer Terms, Larger Loans
What’s Next in BNPL: Zopa CEO Says Longer Terms, Larger Loans
June 22, 2022  |  Buy Now Pay Later

Following an explosion of buy now, pay later (BNPL) use in the past few years, transaction volumes are expected to hit $680 billion worldwide by...

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