Monday, March 10, 2025
9.2 C
London
HomeBankingZopa Strengthens Data Leadership with Visa Europe's Jeremy Penzer as CAO

Zopa Strengthens Data Leadership with Visa Europe’s Jeremy Penzer as CAO

Date:

Zocks Secures $138M in Funding to Enhance AI-Driven Financial Advisory Services

Transforming Client Intelligence for Financial Advisors with Innovative AI...

American Express Acquires Expense Management Software Provider Center

Revolutionizing Expense Tracking for Businesses with Innovative TechnologyHighlights: American...

Zopa appoints Jeremy Penzer to drive data innovation and accelerate growth in the UK digital banking sector.

Highlights:

  1. Zopa hires Jeremy Penzer, former Visa Europe Head of Data Science, as Chief Analytics Officer.
  2. Penzer will lead a team of 80 data experts to enhance Zopa’s data-driven decision-making and product offerings.
  3. The appointment aligns with Zopa’s strategy to expand its banking services and maintain its leadership in consumer lending.

Story Summary: Zopa, a leading UK-based digital bank, has appointed Jeremy Penzer as its Chief Analytics Officer. Penzer, who previously served as Visa Europe’s Head of Data Science, brings extensive experience in data analytics and innovation. At Zopa, he will oversee a team of 80 specialists, focusing on credit decisioning, valuation, and machine learning algorithms that enable near-instantaneous lending decisions.

This strategic hire comes as Zopa continues to expand its banking services, including testing its flagship current account and exploring new AI-driven solutions. With over 1.4 million customers and £5.5 billion in deposits, Zopa is poised for its next phase of growth, solidifying its position as a leader in the UK digital banking landscape.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories