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Zopa Reports a 60% Increase in Revenue
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Zopa Reports a 60% Increase in Revenue

Zopa Reports a 60% Increase in Revenue

Fintech Nexus Staff·
EuropeNews RoundupOnline Lending
·Aug. 23, 2017·1 min read

The company’s revenue increased from GBP20.6 million ($26.38 million) in 2015 to GBP33.2 million ($42.52 million) in 2016; its earnings also improved with a GBP -5.8 million (-$7.43 million) loss versus GBP -8.8 million (-$11.27 million) in 2015 and the company reported a fourth quarter operating profit; the 2016 results also showed loan originations increasing by 30% to GBP689 million ($882.4 million) in 2016. Source

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