Zopa Bank Raises $92 Million to Spearhead Growth, Acquisitions

  • Latest funding maintains London firm’s $1 billion valuation
  • Digital lender had originally planned to IPO in 2022
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Zopa Ltd. has completed a funding round of £75 million ($92 million) and is on the lookout for deals as early as this quarter.

The raise from existing investors “cements” the UK fintech’s status as a unicorn with a valuation of $1 billion, the bank said in a statement Thursday.