Strong momentum of ZOPA, one of our portfolio companies and exciting journey ahead!
Pioneer Zopa has raised £32 million in funding to help support the build-out of the company’s technology infrastructure and product range in preparation for the submission of its bank licence application later this year. The investments were led by India's Wadhawan Global Capital Pvt Ltd, and Northzone, a European venture capital fund specialising in fast growth technology companies, and early backer of companies such as Spotify and iZettle. Last November, Zopa announced plans to launch a next generation bank offering FSCS-protected deposit accounts for savers, a range of peer-to-peer investment products for investors, and personal loans, car finance, and credit cards for people looking to borrow.
