Starling Bank

Starling Bank Ltd.
Private
Industry Banking
Founded 2014
Headquarters London, United Kingdom
Products Retail Banking
Website www.starlingbank.com

Starling Bank is a licensed mobile-only challenger bank founded by former Allied Irish Banks COO, Anne Boden in January 2014.[1]

Headquartered in London and operating as one of a few British financial technology startups, Starling is looking to disrupt the incumbent financial systems and challenge traditional corporations. Since its founding, it has received significant funding, including $70 m of investment in early 2016.[2]

In July 2016, Starling received its banking licence from the Financial Conduct Authority.[3][4]


Founder


Anne Boden is founder and CEO of Starling Bank and a member of its board of directors. Previously, Anne was COO of Allied Irish Banks and Head of EMEA, Global Transaction Banking across 34 countries for RBS and ABN AMRO. [5]

History

Anne Boden, founder, commences work in January 2014 [6]to build a new bank[7] Starling announces largest FinTech funding round of 2016 - £48m.[8]

Starling Bank announced its Beta[9] and partnership with TransferWise[10] in March 2017. [11] The Starling Bank Developer Platform goes live in April 2017 [12]

Starling launches Payment Service, offering real-time access Faster Payments. Announced in Financial Times [13]

At the FinTech Conference Money20/20 June 2017, Starling announced entry in the Republic of Ireland [14]

References

  1. ↑ Matthew Finnegan (2014-09-04). "Former Allied Irish Bank exec to launch branchless ‘mobile bank’ | IT Vendors". Computerworld UK. Retrieved 2016-09-28.
  2. ↑ https://www.ft.com/content/9dba77a0-b796-11e5-bf7e-8a339b6f2164
  3. ↑ Tim Wallace (2016-07-14). "Mobile-only bank Starling wins its licence". Telegraph.co.uk. Retrieved 2016-09-28.
  4. ↑ "Starling Bank secures banking license; to launch in January 2017". Finextra.com. Retrieved 2016-09-28.
  5. ↑ http://uk.businessinsider.com/interview-starling-bank-ceo-anne-boden-fintech-neobanks-2017-4
  6. ↑ http://www.computerweekly.com/news/2240238535/Six-challenger-banks-using-IT-to-shake-up-UK-retail-banking
  7. ↑ https://www.ft.com/content/c62ceb86-96e4-11e6-a80e-bcd69f323a8b
  8. ↑ http://uk.businessinsider.com/starling-bank-funding-harold-mcpike-tranches-2017-2017-4
  9. ↑ https://techcrunch.com/2017/03/16/starling-bank-a-digital-only-uk-challenger-bank-launches-beta/
  10. ↑ http://www.wired.co.uk/article/transferwise
  11. ↑ http://www.bbc.co.uk/news/business-39290041
  12. ↑ https://ibsintelligence.com/ibs-journal/starling-bank-developer-platform-goes-live/
  13. ↑ "Starling Launches Payment Services". www.ft.com. Retrieved 2017-05-14.
  14. ↑ https://techcrunch.com/2017/06/25/starling-bank-passports-to-europe-first-stop-ireland/
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