Summary
Insights
Zopa, a London-based neobank, is set to significantly impact the UK's financial services sector by combining traditional banking reliability with digital innovation. Its business model spans both B2B and B2C markets, as well as a marketplace approach, providing broad reach. Backed by notable venture capital firms and investment groups, Zopa is well-funded for growth and innovation. While competing with established banks and digital platforms, Zopa focuses on UK-specific banking needs and modern financial products. Potential challenges include managing higher fees, ensuring convenience, and maintaining a steady flow of innovative financial products to stay competitive.
Total Funding
$225M
- 2023 Unknown $84.0M
- 2021 Series H $27.6M
- 2018 Series G $20.0M
- 2017 Series F $41.0M
- 2014 Series E $19.0M
- 2012 Series D
- 2007 Series C $12.9M
- 2006 Series B $15.0M
- 2006 Angel $5.0M
- 2005 Series A $1.0M
Investors
SoftBank Group Series H
Augmentum Fintech Series H
Northzone Series H
IAG Silverstripe Series H
Bessemer Venture Partners Series G
Forward Partners Series G
Wadhawan Global Capital Series G
Arrowgrass Capital Series E
Runa Capital Series D
Finch Capital Series D
Wellington Partners Series D
Benchmark Series C
Balderton Capital Series B