Zopa Bank Relocates HQ In Boost To Canary Wharf Fintech Cluster
Zopa Bank is relocating to 20 Water Street, Canary Wharf from London Bridge, taking 45K SF for its new UK headquarters.
UK digital bank Zopa was founded in 2020 and will join a fintech cluster of more than 65 companies at Canary Wharf, including startups and scale-ups such as Revolut, eToro, FinTechOS, Transwap, WiseAlpha and Envestnet Yodlee, Canary Wharf Group said.
20 Water Street is home to tenants including the London Innovation Centre, which supports startup healthtech companies, as well as AviadoBio and JLL. The 13-storey building includes restaurants, cafes, bars and grocery retail as well as green space at Harbour Quay Gardens.
“Zopa Bank's move to the Wharf is testament to our appeal to new and growing businesses, adding to an already diverse and growing mix of customers across the neighbourhood and at Level39 where we’re seeing companies successfully raise and scale,” Canary Wharf Group Chief Investment Officer John Mulqueen said in a statement.
“Relocating to 20 Water Street in the heart of Canary Wharf marks a major milestone in Zopa’s growth journey,” Zopa Bank Chief People Officer Iain Kendrick added. “Our decision reflects Zopa’s commitment to providing an inspiring, cutting-edge workspace for its employees.”
CWG was advised by CBRE and Cushman & Wakefield. RX London advised Zopa Bank.
Canary Wharf Group has spent recent years repositioning the area as a fintech and life sciences hub while adding more residential, hospitality and retail offers, recently opening its first aparthotel, Vertus Edit.
Operated by Canary Wharf’s residential arm Vertus, the 378 studio apartments include communal lounges, terraces, bookable meeting rooms/dining rooms, co-working spaces and a gym.
