Zopa's Profits Double, Revenue Surges
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British online lender ZopaCNBC
•SoftBank-backed fintech Zopa aims to double profit this year as it eyes 2025 current account launch
76% Informative
British online bank Zopa is on track to double pre-tax profits in 2024 , up from 15.8 million last year , CEO Jaidev Janardana told CNBC .
Zopa posted revenues of 222 million ( $281.7 million ) in 2023 and is expecting to cross the 300 million revenue milestone this year .
The company currently offers credit cards, personal loans and savings accounts that it offers through a mobile app.
The firm is developing a current account product which would allow users to spend and manage their money more easily.
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