Zopa takes over Rvvup to develop an AI-focused payments system
Zopa Acquires Next-Generation Payments Platform Rvvup
Zopa Group PLC, a UK digital bank serving over 1.5 million customers, has announced the acquisition of Rvvup Ltd., a next-generation payments platform. This acquisition is expected to treble the size of Zopa's embedded finance business within two years.
Rvvup's technology automates the end-to-end payment process, dynamically selecting the most cost-efficient payment route and reconciling daily transactions. The integration of Rvvup's technology into Zopa will result in a platform that combines lending, banking, and multi-rail payments with AI embedded.
For consumers, this integration promises faster, more flexible, and frictionless checkout experiences, backed by a wider choice of payment methods. Rvvup's platform transforms the way merchants manage payments by bringing every modern method into a single, intelligent checkout journey. The platform already serves a diverse range of businesses, including Tile Giant, MP Moran, French Bedroom, Mole Valley Farmers, and Fireaway Pizza.
The team behind Rvvup brings deep expertise from global leaders such as Braintree, PayPal, Fiserv, Depop, Ocado, and Capital One. David Nunn, the Founder and CEO of Rvvup, expressed that the acquisition by Zopa will significantly enhance Rvvup's technology and capabilities. In his statement, he emphasized that the integration will propel Rvvup's technology and capabilities immensely.
Tim Waterman, Chief Commercial Officer at Zopa Bank, stated that the acquisition is a key milestone in both Zopa's growth trajectory and its purpose of building the home of money. The acquisition strengthens Zopa's position as a merchant checkout experience. Rvvup's vision aligns with Zopa's mission, creating a unique proposition in the market.
The technology simplifies operations while turning payments from a cost centre into a driver of growth. Rvvup Ltd., acquired by Zopa Group PLC in 2025, counts companies such as Ford, BMW, and Volkswagen among its customers. This acquisition is seen as a key milestone in both Zopa's growth trajectory and its purpose of building the home of money.
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