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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Zopa borrows £75 million as it eyes first profit in 19-year history

Zopa

London fintech Zopa has borrowed £75 million from a group of existing investors as it aims to turn its first profit in 2023, its 19th year of operation.

The London Bridge-based firm, which was founded in 2005 as a peer-to-peer lending business but now focuses on digital banking, says it is currently profitable, and expects to make a full-year profit this year after surpassing one million customers. The firm said it is currently profitable.

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