Just weeks after securing a £100 million grant from the Capability and Innovation Fund (CIF), UK-based banking platform Starling Bank announced it is set to create 150 jobs in its new Southampton office.
According to Starling Bank, the office will be open by the summer of 2019 and will house up to 50 software engineers, as well as up to 100 customer service team members working directly for the bank. Most of the jobs will be new hires and will enable Starling to build out its business banking offer, better serve its fast-growing base of more than 500,000 current account customers and tap into the area’s talent base. Starling reported:
“Southampton has recently been identified as a technology ‘Super Cluster’ based on the level, concentration and growth of tech sector employment in the city. The city’s tech scene is supported by the University of Southampton, which is a founding member of the SETsquared partnership, a business incubation network run by the five leading research-led UK universities of Bath, Bristol, Exeter, Southampton and Surrey.”
“We are growing so fast that we are rapidly running out of space in our London offices. What really attracts to Southampton is its entrepreneurial spirit and its level of tech talent. We’re looking for new people, engineers as well as customer service team members, to join us in Southampton now and will be expanding the office quickly.”
Royston Smith, MP for Southampton, Itchen, added:
“It is great news Starling Bank will be opening an office in Southampton this summer. This is testament to the national reputation we have as a key hub on the south coast for business and our internationally renowned universities. The creation of up to 150 new jobs is welcome news and I wish them well with their launch.”