UK digital bank Zopa raises $92m as SoftBank sits out funding round

UK digital bank Zopa raises $92m as SoftBank sits out funding round

FILE PHOTO: SoftBank Corp's logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo

Zopa, the British peer-to-peer lender turned digital bank, has raised 75 million pounds ($92.40 million) from some of its shareholders, as plans for an initial public offering (IPO) have been put on hold, Chief Executive Jaidev Janardana told Reuters.

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