Zopa, the UK P2P lending company, closes £60M round on path to launching a bank

INSUBCONTINENT EXCLUSIVE:
Obtaining a banking license and then launching an actual new retail bank requires capital
A lot of capital
Enter Zopa, the U.K
earlier fund-raise.The purpose remains the same, however: Zopa says it will use the latest round of investment toward the capital needs for
regulators in 2016
The new funding also comes off the back of what the fintech claims is its sustainable and profitable peer-to-peer business, having achieved
it has served nearly half a million customers, either through loans or investing in peer-to-peer loans
Having served half a million customers to date, Zopa is set to redefine the finance industry once again through our next generation bank to
meet a broader set of U.K