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SoftBank-backed digital bank Zopa beefs up executive team with IPO-experienced CTO

Zopa, the SoftBank-backed British digital bank, has hired Peter Donlon, the former CTO of online card retailer Moonpig, as its new CTO. Additionally, Zopa has brought in Kate Erb, a qualified chartered accountant from KPMG, as its new COO. The hires come as Zopa aims to prepare its business for an eventual public listing, which was originally planned for last year but put on hold due to a downturn in the stock market. Zopa currently has 1 million customers and aims to hit 5 million users in the coming years. The company has also expressed interest in expanding into small business loans and open banking.

The post SoftBank-backed digital Bank Zopa Beefs up executive team with IPO-experienced CTO appeared first on Balanced News Summary.



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SoftBank-backed digital bank Zopa beefs up executive team with IPO-experienced CTO

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