IPSE, an association for contractors, consultants, interims, freelancers and the self-employed, announced on Tuesday it has formed a new partnership with UK digital banking group Starling Bank. Through the collaboration, Starling Bank and IPSE will help freelancers insulate themselves against problems linked to uncertain cash flow.
Speaking about the partnership, Suneeta Johal, Head of Commercial Development at IPSE, stated:
“This is an extremely exciting new partnership for us. Good financial planning can be a challenge for anyone, but for freelancers with fluctuating incomes, it can be even worse. As the freelance workforce continues to grow, this will become an ever-more pressing issue. With Starling, we are going to not only raise awareness about this vital issue, but also find new ways to tackle it and support the growing freelance community.”
Anne Boden, founder and chief executive of Starling Bank, added:
“Freelancers and contractors are an important and integral part of the economy and offer services that companies need to survive. At Starling we think of them as entrepreneurs and want to support them in every way possible, and that includes listening to their needs so we can design and deliver better banking services. We are delighted to be partnering with IPSE.
Starling Bank currently offers various accounts, personal, joint, business, euro and connected. Each of the accounts can be managed from mobile or desktop and features include instant payment notifications, insights into your spending habits, in-app card lock, a flexible overdraft, and 24/7 customer support.