Zopa, the UK neobank, snaps up $85M at a $1B+ valuation, eschewing the IPO route

Some believe Klarna’s planned IPO in 2025 could set the stage for other fintech startups to go public. But with the tech IPO market still sluggish, one of the candidates hotly tipped to follow suit has instead just announced a fundraise, and its CEO says going public is “not a priority.” Zopa, the U.K. neobank […] © 2024 TechCrunch. All rights reserved. For personal use only.

Dec 6, 2024 - 01:00

Zopa, the UK neobank, snaps up $85M at a $1B+ valuation, eschewing the IPO route

Some believe Klarna’s planned IPO in 2025 could set the stage for other fintech startups to go public. But with the tech IPO market still sluggish, one of the candidates hotly tipped to follow suit has instead just announced a fundraise, and its CEO says going public is “not a priority.” Zopa, the U.K. neobank […]