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HomeBankingZopa Strengthens Data Leadership with Visa Europe's Jeremy Penzer as CAO

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

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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.

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