Tagged: starling bank

Starling Bank Introduces 48-Hour Switch Off Delay For Gambling Block Feature

UK-based digital banking group Starling Bank announced on Thursday it has introduced a delay to its in-app gambling-block, which means that customers wanting to turn the block off will have to wait 48 hours before they may reactive spending on betting and gaming. The digital… Read More

Starling Bank Revises Interest Rate on Credit Balance For Free Currency Accounts Following Bank of England’s Decision to Cut Interest Rates During the Coronavirus Outbreak

UK-based digital banking group Starling Bank announced over the weekend it is revising the interest rate it pays on credit balances on its free current accounts, following the Bank of England’s (BoE) decision to cut interest rates amid the coronavirus outbreak. Starling reported that theBoE… Read More

Digital Banking: Starling Bank Recognized as Best British Bank, Other Fintechs Receive Awards

Starling Bank, a digital-only bank, has been voted ‘Best British Bank’ for a third consecutive year at the British Bank Awards. Other Fintechs were on the list too. Revolut, another digital bank, was recognized as the “Innovation of the Year.” Monzo was noted as offering… Read More

UK’s Fintech Alliance Launches New Mentoring Hub to Connect Industry Leaders with Startup Founders

The Fintech Alliance has introduced a new program via its platform, called the Fintech Alliance Mentoring Hub. The hub will help financial technology industry leaders connect with startup founders, entrepreneurs and other professionals who want to gain more experience and move up the career ladder… Read More

Digital Banks are Providing Improved Card and Money Management Features in Comparison to Old Banks: Report

Digital banks are establishing new financial industry standards when it comes to better usability, and are introducing handy features such as card management and personal money management. For digital bank users, this will come as no surprise. A recent study published by the consulting company… Read More

Starling Bank Named Official Banking Partner of Team GB For the Tokyo 2020 Summer Olympic Games

UK-based digital banking group Starling Bank announced on Friday it has been named official banking partner for Team GB for the Tokyo 2020 Summer Olympic Games. The digital banking group reported as part of its involvement, it will also be offering each athlete a Starling… Read More

Starling Bank Creates 400 New Jobs with New Location in Cardiff

Digital bank Starling Bank has opened a third UK office – this one in Cardiff. According to a note from the Fintech, the office will create 400 jobs in Wales. The new operation will grow Starling’s back-office operation that includes data science, customer service and… Read More

UK-based Challenger Starling Bank to Use Irish Banking License to Expand Operations Across Europe

UK-based banking challenger Starling Bank intends to use its Irish banking license to make its way into other European nations in the coming years, Anne Boden, the company’s CEO, confirmed. During a recent interview with IBS Intelligence, Boden, founder of Starling Bank, noted that the… Read More

We Help Businesses Fly: Digital Bank Starling Bank Promotes SME Services

Digital bank Starling has kicked off a new advertising campaign focusing on banking services for SMEs, according to a release. The digital pitch promotes Starling Bank as supporting small businesses claiming the bank helps your business fly. Starling Bank is said to be spending “multi-millions”… Read More

Freelancer Association IPSE Announces New Partnership With Digital Banking Group Starling Bank

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… Read More

Starling Bank Investing in Zopa Loans: Report

UK based digital bank Starling Bank is investing in P2P loans originated on the Zopa platform, according to a report in AltFi. The write-up quotes a Starling Bank representative that explained the arrangement: “Starling is in a unique position among neobanks of having a very… Read More

Starling Bank Secures £60 Million Through Latest Funding Round; Brings Total Investment in the Challenger Bank to £323 Million

UK-based digital banking group Starling Bank has reportedly secured £60 million from existing investors Merian Global Investors and Harry McPike’s JTC. The banking group has successfully raised £323 million and the latest funding follows two investment rounds of £105 million, which were led by Merian in 2019…. Read More

Cultural Transformation Is Needed Before Traditional Banks Can Go Digital, Says Starling Bank Executive

Traditional banks and other financial institutions need to go through a cultural transformation before they can successfully undergo a digital transformation, according to the chief technology advocate at Starling Bank, whose statements came during a recent panel discussion. The recent debate, which was an initiative… Read More

UK’s Starling Bank Adds Molo, Underpinned, Paystream to its Business Marketplace with Over 100,000 Customers

The addition of Molo, UK’s first, all-digital mortgage lender, Underpinned, a career management platform for freelance workers, and accounting services provider Paystream to the Starling Business Marketplace will take the digital bank’s business integrations count to 14. The integrations aim to build on services that… Read More

UK-based Digital Bank Vive Acquires Banking License from Bank of England

Vive, a newly established UK-based digital bank, has reportedly acquired a banking license with certain restrictions from the Bank of England (BoE). The new digital bank aims to provide personal loans and a fixed-rate savings account. It will be launching with an Open Banking-based funds… Read More

Starling Bank Announces Range of New Features For Businesses & Sole Traders

UK-based digital banking group Starling Bank announced on Monday it supercharging its bank accounts for businesses and sole traders with a range of new features, which includes unsecured loans of up to £250,000, an increase in its overdraft limits from £10,000 to £150,000, more competitive… Read More

Starling Bank Points to Micro-Businesses & Burden of Managing Financial Tasks

Digital challenger Starling Bank is highlighting research that points to the burden of micro-businesses when it comes to managing financial admin demands. Starling notes that there are an estimated 5.6 million micro-businesses (0 to 9 employees) in the UK. According to the research, which surveyed… Read More

Starling Bank Adds Accounting Software Intuit Quickbooks to Business Marketplace

UK-based digital banking platform Starling Bank announced on Wednesday it has expanded its business Marketplace with the addition of cloud-based accounting software provider Intuit QuickBooks. The service will give the bank’s 90,000 business customers a link between their bank account activity and their accounting package…. Read More

Mobile-Only, Banking Challenger Starling Bank to Increase Brand Awareness to Move Beyond Fintech Startup Status

Mobile-only, banking challenger Starling Bank is planning to focus more on its brand awareness as it tries to move past its status as a startup and become one of the leading Fintech industry participants. As reported by WARC, Starling’s chief growth officer Rachael Pollard remarked:… Read More

Starling Bank Announces New Overdraft Pricing

UK-based digital banking platform Starling Bank announced on Monday it is revising its overdraft pricing on personal current accounts, replacing its flat rate of 15% with a rate of 15%, 25% or 35% Equivalent Annual Rate (EAR) (variable), dependent on customers’ credit scores, which is… Read More

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