Zopa, the digital banking pioneer trusted by more than 1.5 million customers, today outlined its vision for a 500-strong Manchester regional office to elected officials and regional stakeholders at a private event in the city.
The Zopa Manchester office will initially provide space for a team of 50+ employees, with roles focused on retail finance, product, engineering, and specialist operations. It is planned to grow tenfold to over 500 staff over time, drawing from regional universities and the wider local talent pool Manchester offers. In line with this ambition, Zopa is already hiring for an additional 50 new roles in its Dalton Place-based office, with a mix of specialties and seniority.
The scaling of its Manchester location will support Zopa’s vision to become the home of money for its customers, creating effortless experiences and valuable products to build deeper relationships with customers.
The company anticipates significant growth for the 2025 financial year. In the first half of the year alone, Zopa tripled its profitability compared to the same period last year, driven by £3.4bn in gross lending and £5.4bn in retail deposits.
The Mayor of Greater Manchester, Andy Burnham, opened the event, praising Zopa’s investment in the city and welcoming the bank to Manchester.
Mayor of Greater Manchester Andy Burnham said: “Zopa’s decision to establish a new base in Manchester is another massive vote of confidence in our city region’s digital and tech sector. It was fantastic to hear about their exciting plans to create 500 jobs and open up opportunities for people across Greater Manchester.
“Our city region has the fastest growing digital and tech hub in the UK and FinTech has been recognised as one of our emerging strengths, with Zopa the latest addition to the sector. We’re making Greater Manchester a great place to do business by offering a supportive ecosystem and access to the talent businesses need to grow.”
