29 June 2021

Zopa set for IPO and buy now, pay later offering

Written By FinTech Alliance

Zopa set for IPO and buy now, pay later offering

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”. 

Read more here. 

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