Zopa Bank Ltd. has successfully secured €82 million ($86.6 million) in funding to support the launch of its current accounts in the coming year.
Zopa Bank's valuation was not disclosed, but it remains a unicorn with a valuation of $1 billion. This funding is a significant milestone for Zopa as it expands its offerings in the competitive digital banking sector.
The investment was led by A.P. Moller Holding A/S, the owner of Maersk shipping, and included contributions from existing investors such as IAG Silverstripe, Augmentum Fintech, JNE Partners LLP, and Davidson Kempner Capital Management LP.