News

December 6, 2024

Zopa raises €80m to fund acquisitions and GenAI product push

The lender-turned-neobank is also looking to reduce its reliance on lending as its main moneymaker

Tom Matsuda

3 min read

Zopa has raised €80m as the UK digital bank makes an ambitious push into new product verticals such as current accounts, investments and a GenAI-powered financial assistant. It’s also looking to use the capital to fund acquisitions that could push the neobank into new customer segments and products. 

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Tom Matsuda

Tom Matsuda is a fintech reporter at Sifted and writes our weekly fintech newsletter. Find him on X and LinkedIn

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