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Zopa, a peer-to-peer (P2P) lender with the goal of becoming a challenger bank, has secured £140m in funding.
Zopa might have secured a last-minute capital injection needed to ensure the peer-to-peer lender can become a challenger bank.
P2P lender Zopa has raised £44m in its largest funding round and will use it to launch a broader range of financial products.
TruFin, a FinTech and banking group, has raised £70m through the sale of ordinary shares on the London Stock Exchange.
In the first half of 2017 UK based FinTech companies received more than two thirds of the total amount invested in 2016 and...
London-based peer-to-peer (P2P) lending company Zopa has become the first in the UK market to surpass £2bn in loans. It has facilitated 300,000 loans since launching 12 years ago.