What is Zopa?
Zopa operates as a digital bank with extensive experience in the financial services industry. The company offers a comprehensive suite of products including current accounts, unsecured personal loans, point-of-sale financing, car finance, credit cards, and savings accounts. Zopa also provides tools designed to enhance financial management and health for its customers, positioning itself as a holistic digital financial partner.
How much funding has Zopa raised?
Zopa has raised a total of $1.1B across 13 funding rounds:
Series E
$41.1M
Series F
$44.2M
Series G
$74.5M
Series H
$161.4M
Private Equity
$184.3M
Unspecified
$300M
Unspecified
$93M
Private Equity
$85M
Other Financing Round
$106M
Series E (2017): $41.1M backed by Augmentum Capital, Spotify, iZettle, Arrowgrass Capital Partners, Bessemer Venture Partners, Northzone, and Runa Capital
Series F (2017): $44.2M with participation from Northzone and Wadhawan Global Capital
Series G (2018): $74.5M led by Bessemer Venture Partners, Northzone, Augmentum Capital, Wadhawan Global Capital, and VentureFounders
Series H (2019): $161.4M, investors not publicly disclosed
Private Equity (2019): $184.3M featuring IAG Capital
Unspecified (2021): $300M backed by SoftBank Group
Unspecified (2023): $93M with participation from Augmentum Fintech, Uprising, and IAG Silverstripe
Private Equity (2024): $85M led by A P Moller
Other Financing Round (2025): $106M, investors not publicly disclosed
Key Investors in Zopa
Augmentum Fintech
Augmentum Fintech is a prominent investment company focused on fast-growing fintech businesses disrupting the financial services sector. As the UK's only publicly listed investment company dedicated to fintech, it provides patient capital and support to businesses across the UK and Europe.
Northzone
Northzone is a multi-stage venture capital fund with over $1.7 billion under management, investing in disruptive technology companies. With a history dating back to 1996 and offices in New York, London, and Stockholm, Northzone has backed numerous category-defining businesses.
SoftBank Group
SoftBank Group is a global technology holding company driving innovation across various sectors including telecommunications, AI, and clean energy. Through its investment platforms like the SoftBank Vision Fund, it supports the development and scaling of transformative technologies worldwide.
What's next for Zopa?
The substantial enterprise-level backing Zopa has received, particularly the recent strategic investment, signals a strong commitment from its investors to support its continued growth and innovation. This capital infusion is likely to fuel further development of its product offerings, expansion into new markets, and enhancement of its technological infrastructure. Zopa's trajectory suggests a focus on solidifying its position as a leading digital bank, potentially exploring further diversification or strategic partnerships to leverage its established customer base and robust financial platform.
See full Zopa company page
