https://techcrunch.com/2021/10/18/zopa-raises-300m-at-a-1b-valuation-to-expand-its-p2p-lending-and-savings-neobank-in-the-uk/

Another big infusion of cash from a major investor is making its way to a fintech out of the UK on the heels of strong growth. Today Zopa — a neobank with some 500,000 users in the UK where it provides peer-to-peer lending, savings accounts, credit cards and other services — has raised $300 million, at a valuation that we’ve confirmed to be $1 billion (£750 million) post-money.

Zopa describes this as a “pre-IPO” round, and from what we understand, that public offering — if things continue on the same trajectory as now — will come in Q4 of 2022. The company is currently on a run rate of £85 million ($116 million), and expects that to double to £170 million ($233 million) by 2022. It’s also on track to reach profitability by the end of this year.