Zopa (Equity)
Funding Details
- Awarder
- Inbox
- Date Award
- December 05, 2024
- Vertical
- Fintech
- Funding URL
- View Funding Page
- Valuation
- $1,000,000,000
- Funding Amount:
- $87,000,000
Company Info
- Founding Year
- 2005
- Traction
- Zopa has grown its customer base at a rate of around 35% annually, expects to end the year with 1.4 million customers, £5 billion in deposits, and profits doubling to £32 million.
- Revenue Amount
- $383,000,000
- Organizations Involved
- A.P. Moller Holding, SoftBank, Silverstripe, Northzone, Uprising
- Company Description
- Zopa is a U.K. neobank that provides loans, credit cards, and savings accounts to approximately 1.3 million customers. The company has transitioned from a peer-to-peer lending model to a full banking license, focusing on savings and non-P2P loan products.
- Market
- Neobank
- Location
- United Kingdom
- Coinvestors
- A.P. Moller Holding, SoftBank, Silverstripe, Northzone, Uprising