Zopa

Zopa CEO Doubts UK FinTechs Will Go Public This Year
Zopa CEO Doubts UK FinTechs Will Go Public This Year
April 15, 2024  |  IPO

British digital bank Zopa is profitable and getting closer to going public.  But CEO Jaidev Janardana told the Financial Times (FT) Monday (April 15) that while the company...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >