UK digital challenger bank, Starling, has raised £60 million led by Merian Global Investors; the funds will be used to...
Digital only bank Starling Bank and Moneybox, who provides savings and investment services, are teaming up; Moneybox will access Starling Bank customers offering them the tools offered by Moneybox allowing customers to round up purchases and invest the difference; integration is via Starling's API; Megan Caywood, Starling's chief platform officer stated: "People today want to not only manage their everyday money on their phone but their savings and investments too. Working with Moneybox makes this a possibility." Source
UK based challenger bank has raised over $96mn as they eye European expansion; $77mn of the round came from Meridian...
Starling Bank intends to go public in two or three years; they are also eyeing breakeven by the end of...
Digital only Starling Bank says they have reached about 65 percent of their SMB lending capacity through the various government...
UK digital banks Monzo and Starling Bank announced payments integrations; Monzo plans to integrate Android Pay into the user interface for current account users; Starling Bank says it will be the first bank to partner with Fitbit Pay; while this is the first partnership of its kind for Monzo, Starling Bank integrated with Android pay a few months ago. Source.
The UK’s Financial Conduct Authority plans to move forward with overdraft changes in April which would allow for banks to...
UK fintech investment dropped 39 percent for the first half of 2020 to $1.84bn, down from $3bn in the first...
According to AltFi Starling Bank is using their deposits to fund consumer loans originated by p2p lending platform Zopa; while...
After gaining approval from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) Starling Bank has seen their partners grow; Starling now counts PensionBee, WealthSimple, Habito and Kasko as partners; the company plans to announce about 25 partners this year alone; Starling’s Chief platform officer, Megan Caywood, says the new partners take the marketplace to the next level. Source.