Zopa Bank continues its transformation with further growth

AI Briefing

• – Zopa Bank continues to grow, adding 500,000 customers last year and seeing profits rise 90%.
• – The company's current account, launched earlier than expected, has been a key factor in its success, with revenue reaching £300m and profit doubling.
• – Zopa Bank now has £6.4bn in deposits and plans to expand its Manchester office, which currently has 66 employees, to house 500 staff.