UK’s fintech unicorn Zopa Bank raises £75M, reaches 1M customers milestone — TFN

Zopa Bank, a UK-based neobank, has raised £75 million in Tier 2 capital, bringing their total capital raised to £530 million. This funding round, led by IAG SilverStrip, follows a previous equity tranche raised seven months ago. The capital will be used to accelerate Zopa Bank's growth, pursue acquisitions, and develop new products alongside existing services. Zopa Bank has reached a milestone of 1 million customers and aims to become Britain's best bank.

Zopa Bank Raises £75 Million, Reaches 1 Million Customers Milestone

Zopa Bank is a UK-based neobank that launched in 2020 and has become Britain's best bank, offering a range of banking services solely online without the need for physical branches. They have raised over $500 million to date and have reached a milestone of 1 million customers.

A UK-based neobank offering online banking services, reaching 1 million customers.

2 years ago

Zopa Bank Raises £75 Million, Reaches 1 Million Customers Milestone

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