Tagged: anne boden

UK based Digital Bank Starling Acquires £1B Mortgage Loan Book from Kensington Mortgages

UK-based digital banking platform, Starling Bank has reportedly acquired a mortgage book valued at about £1 billion as the Fintech tries to challenge the United Kingdom’s established banks. Starling Bank has reportedly obtained the home loans portfolio from Kensington Mortgages, which offers financing for clients… Read More

UK’s Digital Bank Starling to Offset its Carbon Emissions Yearly from 2021 and Aim for Net Zero Target

UK-based digital bank Starling recently confirmed that it has committed to “a one third reduction target in its carbon emissions by 2030 and to offset carbon emissions from its own operations and supply chain annually from 2021.” As noted by Starling Bank in a release:… Read More

UK’s Digital Bank Starling Introduces Bills Manager to help Consumers Better Manage their Funds

UK-based digital bank Starling Bank is launching Bills Manager, in order to help clients with settling their bills in a timely manner and better managing their funds. The new feature, one of the “most requested,” offers clients the option to have a Direct Debit or… Read More

UK based Digital Banking Platform Starling Explains How to Set Your Own Contactless Payments Limit

The team at UK’s digital bank Starling notes that they always want their clients to be in control of their funds. That’s why they are introducing a feature that allows customers to set their own limit for contactless payments made with their debit cards, “up… Read More

UK’s Digital Bank Starling to Expand Business Operations into Europe

UK-based digital bank Starling is expanding its business operations into Europe. As of H1 2022, “subject to regulatory approval,” Starling intends to make its Banking as a Service (BaaS) solution offering available in the European Union, which includes France, Germany, The Netherlands and Spain, according… Read More

Women Returners and Innovate Finance Establish Cross-Company Return Program for Fintech Professionals

Women Returners and Innovate Finance have teamed up to establish a cross-company returner program, which aims to encourage professionals to try re-entering the Fintech industry after long-term or extended career breaks. UK’s digital bank Starling, Fintech Unicorn Klarna and PrimaryBid will reportedly take part in… Read More

UK Digital Bank Starling Acquires Buy-to-Let Specialist Mortgage Lender, Fleet Mortgages

UK-based digital bank Starling has confirmed the acquisition of specialist buy-to-let mortgage lender Fleet Mortgages as part of a £50 million cash and share deal. Fleet Mortgages, based in Hampshire, focuses on offering mortgages to professional and semi-professional buy-to-let landlords, “only via mortgage adviser distribution… Read More

Digital Bank Starling CEO Anne Boden Says They’re Pulling Away from the Fintech Pack, Firm Reports Profitability, Growing Responsibly

UK’s Starling Bank recently shared its trading update for the quarter to 30 June 2021 and its report and “accounts for the period ending 31 March 2021.” The results, released by Starling on July 22, 2021, demonstrate “strong and responsible growth, continued profitability and a… Read More

UK’s Digital Bank Starling to Utilize InstaVolt’s Rapid Charging Network as a Full Advertising Channel

InstaVolt, an established rapid electric vehicle charger network, has partnered with UK’s digital bank Starling. Through the partnership with Starling, the digital bank will utilize InstaVolt’s rapid charging network as “a full service advertising channel from 5th July.” As mentioned in a release shared with… Read More

UK’s Digital Banking Unicorn Starling May Acquire Another Lender, CEO Anne Boden Reveals During UK Fintech Week

UK-based digital banking challenger Starling‘s CEO Anne Boden has revealed that the Fintech Unicorn is now well-positioned to acquire another lender. Boden also noted that there’s not a significant requirement for technology visas since the UK has the required talent. Starling, which has strategic funding… Read More

Digital Banking Challenger Starling Secures £50M in Capital from Goldman Sachs Growth Equity

  Starling, a leading UK-based digital bank, revealed on Monday (April 19, 2021) that it has received a £50 million investment from Goldman Sachs Growth Equity. The latest investment is reportedly an extension of the digital bank’s oversubscribed £272 million Series D investment round that… Read More

Digital Banking Challenger Starling Secures £272M via Series D led by Fidelity, Reports £1.1B Pre-Money Valuation

UK-based Fintech challenger Starling Bank has secured £272 million in capital via a Series D funding round led by Fidelity Investments. Starling Bank reported a £1.1 billion pre-money valuation. This latest investment round diversifies Starling’s slate of institutional investors to include some of the largest… Read More

Starling Bank Adds Dinghy Insurance, SumUp to Marketplace

Starling Bank, a digital bank that has built a substantial third party platform to offer a buffet of applications to its users, has added two new digital services to its marketplace. Starling states that both SumUP and Dinghy Insurance are now available for business customers…. Read More

Starling Bank Adds PayPal’s iZettle to Business Marketplace

Starling Bank has added PayPal’s iZettle to its Business Marketplace – the first payment service provider to join Starling., according to a note from the bank. iZettle offers a range of payment and commerce solutions like point of sale systems and invoicing software. Starling Bank… Read More

UK Banking Challenger Starling Reports Breaking Even, Might Become First New Digital Bank to Reach Profitability

UK-based digital bank Starling recently revealed that it managed to break even and claims that it may be on track to become the first banking challenger to reach profitability. Starling Bank’s management noted that it’s the first of the new digital banks (which includes Monzo,… Read More

UK based Digital Bank Starling Is Reportedly Planning to Secure $263 Million in Additional Funding

UK-based digital bank Starling is reportedly planning to secure £200 million (appr. $263 million) in additional capital in order to further expand its business operations. Starling Bank may consider launching an initial public offering (IPO) in the foreseeable future. Starling has hired Rothschild to focus… Read More

Starling Bank Adds Desktop Version of Banking Site

Digital bank Starling has announced the launch of online banking for its personal and joint bank account customers. The new online portal will allow Starling Bank’s customers to manage their money from their desktop or laptop as well as their smartphones. Previously, Starling had been… Read More

Starling Bank Loan Book Now Tops £1 Billion, Break Even in Sight by End of 2020

Starling Bank CEO and founder Anne Boden has published the Fintech’s annual letter as well as a trading report for July 2020, and there are some encouraging comments in the missive. Boden notes that since November 2019, the bank’s “performance has been strong.” In fact,… Read More

Pension Solution Penfold Added to Starling Bank Marketplace

Starling Bank, a top UK based digital bank, has added Penfold to its Marketplace. Starling’s Marketplace integrates optional third-party solutions to Starling’s users. Penfold is a pension service that enables self-employed individuals to set up and manage a pension. Penfold’s has been designed for freelancers,… Read More

Starling Bank Adds US Dollar Account Feature, Business “Toolkit”

Digital bank Starling Bank is offering two new features targeting their growing number of business accounts. First is a US dollar account that allows them to spend directly in pounds or dollars with a single card. The second is a “Business Toolkit” that includes a… Read More

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