Starling Bank has added leading digital wealth manager Nutmeg to its marketplace to connect customer banking to investment accounts and pensions.

The digital bank’s fast-growing marketplace uses APIs to connect customers to other financial services and apps.

The integration will enable Starling’s personal and sole trader customers to keep track of their pension and investment balances all within the Starling app, allowing them to always have a full picture of their finances.

Starling customers with a Nutmeg account will be able to connect to it through the marketplace and those without one can sign up through the marketplace.

Customers will have access to fully managed and socially responsible pension portfolios with a minimum investment of £500.

They will also be able to benefit from investments in the form of a general investment account and stocks and shares ISAs.

For a lower minimum of £100 customers can invest in a Lifetime ISA or Junior ISA for their children.

Customers won’t need to pay a fee to sign up to Nutmeg, but there is a fee when an investment is made.

“By developing smart integrations with the third party platforms popular with our customers, such as Nutmeg, Starling is making it easier for customers to keep track of their money wherever it is located,” said Helen Bierton, chief banking officer, Starling Bank.

Matt Gatrell, chief operating officer at Nutmeg said: “We know that helping people to have a clearer picture of their full financial circumstances is crucial, and even more front of mind at the moment. So, we’re pleased to be connecting with Starling, to give Nutmeg investors and Starling customers greater oversight of their finances in order to support them in reaching their financial goals.”

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