Nationwide is to open a new digital innovation centre in London, creating over 750 new technology jobs.
The news follows Nationwide’s announcement in September 2018 that it would spend an additional £1.3bn in technology over the next five years - totalling £4.1bn over the period.
The new London space will house a Digital and Technology Innovation Centre for those working in digital, data, engineering, architecture, development operations and design specialisms. It will also become home for the team developing Nationwide’s proposition in business banking, off the back of securing funding to enter the market earlier this year.
The Society is actively recruiting into London, with around 750 roles across digital and technology being created over the coming months.
In addition, Nationwide has also outlined its commitment to its home town of Swindon with the purchase of an additional site, Ramsbury House, to house around 700 people from its existing digital team.
Joe Garner, CEO of Nationwide Building Society, says of the new London location: “We now have over four million digitally active members, and that number is growing all the time as each week and month passes. All of our market analysis demonstrated the new location is the best place to attract industry-leading talent within the fintech capital of the world. With growing demand for our services, this is about recruiting skills and experience into Nationwide, alongside developing talent from within our current workforce, so that we have the broad range of skills needed to deliver the Society’s digital and data transformation strategy.”