Zopa has opened a development centre in Barcelona which will focus on building the technology to support the launch of its next-generation bank .
The hub will see developers work on creating payment gateways, credit card processing and deposit systems.
Zopa's Barcelona centre will work alongside its London Bridge-based teams as it splits the development of its banking technology.
“As one of the world's first fintech businesses, we pride ourselves on our approach to technology and product delivery,” said Ronen Benchetrit, chief technology officer at Zopa.
“Our mission at Zopa is to make money simple and fair, and our developers get the opportunity to build solutions to real world problems, while 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.”
Despite the opening of the Barcelona hub, Zopa will remain focused on UK-based customers.
“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,” added Didier Baclin, head of bank build at Zopa.
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