Zopa, the UK neobank, snaps up $85M at a $1B+ valuation, eschewing the IPO route
News Source : TechCrunch
News Summary
- Zopa, the U
- K
- neobank that provides loans, credit cards and savings accounts to some 1
- 3 million customers, has raised €82 million in equity funding
- The company is not disclosing an exact valuation, but from what we understand it is an upround and values Zopa at well over $1 billion
- The lead investor in this round is an interesting one: it’s A
- P
- Moller Holding, a giant in Danish business
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