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June 10 2020

Charles Birnbaum steps down from Zopa board

Michael Lloyd Industry News, News, Top 3 Bessemer Venture Partners, Charles Birnbaum, Zopa

Zopa Group board member Charles Birnbaum has stepped down after nearly three years in the role.

Birnbaum is partner at Bessemer Venture Partners (BVP). He invests in promising disruptive companies in finance, software, and consumer web services, as well as consumer and education firms, in the US and Europe.

Some of his recent investments include Abacus, Main Street Hub, Betterment and United Capital.

Read more: Where are they now? The P2P lending giants still run by their founding members

Before BVP, Birnbaum worked in corporate finance at Deutsche Bank and was director of business development at location-based mobile application and social network Foursquare.

During Foursquare’s growth phase, he helped build partnerships with carriers, media companies and original equipment manufacturers.

Read more: Zopa outlines support for car finance customers in wake of new FCA rules

Prior to this, Birnbaum spent six years in investment banking and equity capital markets.

There have been a number of changes at Zopa recently. Olivia Broderick left Zopa at the end of May, after spending over three years at the P2P lender as general counsel and compliance and then group general counsel and company secretary, to join payment platform Checkout.com.

Read more: Zopa resumes lending to ‘C risk’ borrowers

Birnbaum’s departure was revealed in Companies House documents and was confirmed to Peer2Peer Finance News by Zopa.

Estonian P2P lenders Envestio and Kuetzal declared bankrupt MoneyNext Summit Online 2020

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