Zopa Closes £60 Million Round as They Prepare to Launch Their Bank
We learned in August that UK fintech pioneer Zopa had raised £44 million in a new fundraising round. We now learn this round has closed with an additional £16 million in funding for a total of £60 million raised. The money will be used primarily to launch their next generation digital bank. The new bank is expected to launch with a broad suite of products including savings accounts, P2P investments, personal loans, auto finance and credit cards. Source.