Zopa to build new challenger bank from development centre in Barcelona

Zopa, the innovative finance company, today announces the opening of a development centre in Barcelona, Spain.

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The new hub will initially focus on building the technology to support the launch of Zopa’s next generation bank and developers will work on developing payment gateways, credit card processing, and deposit systems.

Zopa’s Chief Technology Officer, Ronen Benchetrit, commented: “As one of the world’s first fintech businesses, we pride ourselves on our approach to technology and product delivery. Our mission at Zopa is to make money simple and fair, and our developers get the opportunity to build solutions to real world problems, whilst using the latest technology to deliver products in an agile manner.

“Barcelona has an exciting and fast growing tech scene and is already home to some of the world’s best tech talent. It also draws the best talent from all over the world, attracted by its vibrant culture.”

Didier Baclin, Head of Bank Build at Zopa, said, “Our Barcelona development centre will give us access to some of the best software engineers in the world, allowing us to accelerate the development of the infrastructure we need to support the launch of our next generation bank.”

The new hub will sit alongside Zopa’s growing London Bridge based development teams. Developers working on the bank technology infrastructure will be split between London and Barcelona.

Zopa will remain focused on UK based consumers.

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