Augmentum Fintech has announced that it has invested another £4m in digital bank, Zopa, as part of a £75m funding round alongside existing investors. The additional capital will be used to fund Zopas further growth by supporting capital requirements of its expanding balance sheet as well as provide flexibility for potential M&A activity. The bank continues to grow strongly (with >100% yoy revenue growth). Zopa marks one of AUGMs top investments and the additional provided growth capital is a pos ....

02 Feb 2023
Further investment in Zopa given impressive growth

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Further investment in Zopa given impressive growth
Augmentum Fintech PLC (AUGM:LON) | 97.2 -0.3 (-0.3%) | Mkt Cap: 171.0m
- Published:
02 Feb 2023 -
Author:
Jens Ehrenberg -
Pages:
3 -
Augmentum Fintech has announced that it has invested another £4m in digital bank, Zopa, as part of a £75m funding round alongside existing investors. The additional capital will be used to fund Zopas further growth by supporting capital requirements of its expanding balance sheet as well as provide flexibility for potential M&A activity. The bank continues to grow strongly (with >100% yoy revenue growth). Zopa marks one of AUGMs top investments and the additional provided growth capital is a pos ....