Tag: profit
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Zopa reports third consecutive year of profit, says new current account topping expectations
Zopa Bank, the UK savings and lending digital bank, has reported its third consecutive year of profit, as it says take-up of its new current account proposition has eclipsed expectations. The London-based bank reported pre-tax profits of £44.9m 2025, up from £31.6m in 2024, driven by its borrowing and savings products. The SoftBank-backed digital bank read more
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PayPal-backed Modulr banks first full-year profit
PayPal-backed UK fintechModulrhas reported its first full-yearnet profit, it says,ahead ofannouncements regarding its US expansion. Myles Stephenson, CEO and co-founder, heralded the achievement as an “important milestone”. He said: “It gives us control over our destiny: the ability to invest in products for our customers, expand globally, and pursue strategic opportunities.” Modulr provideswhite-label payment infrastructure read more
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