Macfarlanes advises A.P. Moller Holding on investment into Zopa Bank

06 December 2024

Macfarlanes has advised A.P. Moller Holding on its role as lead investor in digital bank Zopa’s latest equity funding round. 

Founded in 2020, Zopa is a profitable fintech unicorn that blends the agility of digital banking with 20 years of lending expertise, having lent more than £13bn to consumers in the UK to date.

The approximately €80m of new funding will be used to support Zopa’s continuous growth as it prepares to launch its flagship current account in 2025 and a pioneering GenAI proposition that seeks to reinvent how people interact with their money.

A.P. Moller Holding is one of the largest direct investors in Denmark, with $32bn of Net Asset Value. Its objective is to build and develop businesses by driving long-term value and growth through engaged and valued ownership.

The Macfarlanes team was led by corporate and M&A partners Tom Rose and Richard Burrows, supported by corporate and M&A associate Shamir Sawjani. The team also included financial services regulation partner Michael Sholem and senior associate Rachael Preston.