Pre-tax profits at the digital bank Zopa have surged to £65m in the London fintech’s third year of profitability.
The bank reported a pre-tax profit of £65m for the financial year ended December 2025, almost double the previous year.
The strong performance in 2025 was in part said to be because of the company’s expansion into “everyday banking”, that saw the launch of a current account product as well as the firm entering the investments market.
The firm is also betting on the success of a custom AI assistant that will offer various convenience features including receipt splitting and invoice settling via photo uploads and voice commands.
“2025 was another landmark year for Zopa as we expanded into everyday banking. We grew our customer base to 1.7 million, supported by strong growth across all products and from our expansion into current accounts and Investments,” said Jaidev Janardana, chief executive of Zopa Bank.
“Unlike much of the industry, we continue to place significant emphasis on rewarding loyalty, and the deepening of customer relationships has been the strongest indicator of our progress towards establishing the Home of Money, a place that makes customers feel at home with their finances.”
Last year also saw the bank double its office footprint when it opened its new headquarters in London’s banking hotspot Canary Wharf.
