{
Zopa

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}

fintech firms monitor klarna"s ipo for market reopening signals

Fintech unicorns are closely monitoring Klarna"s recent confidential IPO filing in the U.S. for indications of a market recovery, though many, including GoCardless and Airwallex, believe it"s not yet time for their own public offerings. Analysts express cautious optimism about the IPO landscape, suggesting a potential opening in the next couple of years, particularly in the U.S. by 2025, which could lead to increased activity in Europe thereafter.
CNBC
United States Dollar Euro GoCardless Airwallex Zopa Klarna USA SWE GBR PRT Hiroki Takeuchi Navina Rajan Lucy Liu Jaidev Janardana Jack Zhang Show more
Finance & Economy, Market Report
07:16 19.11.2024

Zopa aims for profit growth and current account launch in 2025

Zopa, the SoftBank-backed fintech, is set to double its profits and achieve over £300 million in revenue this year, driven by strong demand for its banking services. The digital bank plans to launch a current account in 2025, enhancing its product offerings amid improving U.K. economic conditions. CEO Jaidev Janardana noted that while lending remains constrained, Zopa's competitive savings rates are increasingly relevant for consumers.
CNBC
British Pound Sterling Zopa GBR Peter Donlon Jaidev Janardana Kate Erb Show more
Finance & Economy, News Article
12:13 14.11.2024
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