Peer to peer lending FinTech Zopa is not only still planning its IPO but says it will add buy now, pay later (BNPL) to its offering.
In Brief:
Zopa says it will list here in London either late next year or early 2023.
It has also launched a banking brand.
It plans to add buy now, pay later products to its offering as the sector grows in popularity.
What does this mean?
Zopa’s London listing is a good sign for the UK which has sometimes lost successful startups to IPOs in the US. Zopa’s CEO Jaidev Janardana told The Telegraph that “we are a UK focused company so that’s going to be the most likely location”.
