The bank is in talks with new and existing shareholders about the raise, which would value it slightly higher than its £750 million valuation at a £220 million round last October. Having made its name as a P2P lending pioneer, Zopa pivoted two years ago to become a traditional bank, hitting profitability this April and the £2 billion deposit mark in August. Long-rumoured to be preparing an IPO, it has turned to investors for what is expected to be a final capital injection to fund expansion, says Sky, citing sources.