Zopa buys Rvvup to boost retail finance
Zopa Group PLC, the digital bank pioneer trusted by 1.5 million customers, has today acquired payments platform Rvvup Ltd.
The acquisition will transform and accelerate Zopa’s retail finance offering by positioning it at the centre of the merchant’s checkout, expanding its capability from point-of-sale lending to supporting all modern payment methods via one unified experience.
This unique offering drives multiple benefits for merchants and end consumers alike.
New and existing merchants benefit from a single, simple integration, deeper data insight, better payment conversion and lower overall processing costs within the next six months.
For UK Consumers – Rvvup’s offering allows a fast and seamless payment journey combined with flexibility and extensive payment method choice.
Rvvup’s smart AI Payment Agent automates the entire payment process, choosing the optimal payment method to reduce costs and boost sales, automatically syncing with tools such as Xero, and handling daily reconciliation tasks that merchants face when using multiple payments providers. Rvvup transforms payments from a cost centre into a growth driver for merchants.
Rvvup currently works with a variety of businesses including Tile Giant, MP Moran, French Bedroom, Mole Valley Farmers, and Fireaway Pizza. Its team brings decades of combined payments expertise to Zopa from some of the world’s biggest brands and companies including Braintree, PayPal, Fiserv, Depop, Ocado, Capital One and more.
The acquisition is Zopa’s second, having also acquired point-of-sale finance technology and lending platform DivideBuy in 2023.
The move is expected to treble the size of Zopa’s embedded finance business within two years and will cement its position as a top three retail finance provider within five years, as Rvvup becomes a subsidiary of Zopa Group PLC.
Tim Waterman, Chief Commercial Officer at Zopa Bank, said: “Acquiring Rvvup is a key milestone in both Zopa’s growth trajectory and our purpose of building the home of money. Data, technology and lending capability have always been core to Zopa’s growth, and by integrating Rvvup’s unique offering, we will further strengthen our payments and point-of-sale capabilities. We believe that together we can deliver a seamless checkout experience for merchants and customers alike.”
David Nunn, Founder and CEO at Rvvup, added: “Rvvup and Zopa both have ambitious, strategic growth goals, and joining Zopa will propel our technology and capability immensely. At Rvvup, we set out to remove the complexity of payments, unifying every method and channel into a single platform. Zopa’s mission to be the ‘home of money’ is a perfect complement to that vision. By integrating Rvvup’s technology into Zopa, we will have a unique proposition in the market as the only platform to combine lending, banking, and multi-rail payments with AI embedded into the platform.”
Continued innovation and new product development have helped Zopa triple profitability to £20.7m in H1 2025 compared to the same period last year. This is driven by £3.4bn in gross lending and £5.4bn in retail deposits – underscoring Zopa’s remarkable trajectory since launching in 2020.
It launched its flagship bank account Biscuit in June 2025, quickly becoming the UK’s best current account for everyday value and amassing 100,000 customers following a private beta phase.
With sustained, profitable growth, Zopa is expected to move to its landmark new headquarters in Canary Wharf later this year, doubling its office footprint. It has also expanded to Manchester, where it hopes to create up to 500 jobs over time.
Unlike many fintechs, Zopa holds a full UK banking license, meeting the same regulatory standards as traditional banks. Deposits are protected up to £85,000 by the FSCS.
One of the UK’s highest rated and most celebrated financial brands, Zopa was again voted the UK’s Best Personal Loan Provider and Best Credit Card Provider at the 2024 British Bank Awards.
