Canary Wharf Group (‘CWG’) announces that Zopa Bank (‘Zopa’) is joining its established and growing fintech community at the Wharf. The bank is relocating from London Bridge to 20 Water Street taking 45,000 sq ft as its new UK headquarters.
Zopa joins a fintech community of more than 65 companies including start-ups and scale ups such as Revolut, eToro, FinTechOS, Transwap, WiseAlpha and Envestnet Yodlee amongst others.
Founded in 2020, Zopa is a profitable British digital bank with 1.4 million customers. In four years, it has secured its banking licence, achieved profitability, and launched a diverse range of products including unsecured personal loans, point-of-sale, car finance, credit cards, savings accounts, and tools for improved financial management and health.
John Mulqueen, Chief Investment Officer at Canary Wharf Group, said: “Canary Wharf is a home for innovation and entrepreneurship. Zopa Bank is a great addition to the fintech line up bringing more knowledge and expertise to ensure that London remains a leading fintech hub, attracting global capital and top talent. Their 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.”
Iain Kendrick, Chief People Officer at Zopa Bank, added, “Relocating to 20 Water Street in the heart of Canary Wharf marks a major milestone in Zopa’s growth journey. Our decision reflects Zopa’s commitment to providing an inspiring, cutting-edge workspace for its employees. This move is more than just a change of address—it’s a statement of intent as we change the face of banking in a location previously dominated by the UK’s established banking players. As we continue to scale, investing in a best-in-class workspace reinforces our ambition, culture, and commitment to attracting and retaining top talent.”
20 Water Street is home to a range of customers including the London Innovation Centre which supports start-up healthtech companies as well as AviadoBio and JLL amongst others. Each floor of the 13-storey building offers outdoor space and provides easy access to a host of amenities including restaurants, cafes, bars and grocery stores as well as green space at Harbour Quay Gardens.
CWG was advised by CBRE and Cushman & Wakefield, RX London advised Zopa Bank.
ENDS
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Canary Wharf Group
Emma Hammond t: +44 (0)7754 667 639
Canary Wharf Press Office e: press.office@canarywharf.com
Notes to Editors
About Canary Wharf Group (‘CWG’)
Canary Wharf Group (CWG) is the developer of the largest urban regeneration project in Europe. CWG develops, manages and currently owns interests in approximately 9 million square feet of mixed-use space and over 1,100 Build to Rent apartments. Canary Wharf’s retail offering is ranked the UK’s number one shopping destination by Green Street.
CWG is committed to turning sustainability ambition into impactful action. Examples include purchasing 100% electricity from renewable sources since 2012, our partnership with the Eden Project creating a place for nature and people and working to deliver our Science-Based Targets.
CWG has created a 24/7 city where people can live, work and thrive and enjoy all the benefits that Canary Wharf provides: great transport links, access to 16.5 acres of green spaces and waterside living; and a wide range of amenities including an award-winning arts and events programme. Canary Wharf’s retail and leisure offer includes over 80 bars, cafes and restaurants and more than 320 shops, including 8 grocery stores, pharmacies and health clubs all within 15 minutes’ walk. CWG recorded its highest annual footfall of more than 72 million to its retail malls in 2024.
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