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Peter Donlon

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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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