Starling to expand across Europe

Starling has announced plans to expand across Europe during the first half of next year.

Subject to regulatory approval, the UK digital bank hopes to make its Banking as a Service (BaaS) solution available in the European Union, including France, Germany, The Netherlands, and Spain.

Starling, which launched its BaaS offering in the UK three years ago, has 25 payment and banking services customers, including Raisin, CurrencyCloud, Moneybox, and Vitesse.

The bank said that ‘Starling as a Service’ enables businesses to build their own financial products on its banking platform, such as savings or current accounts, integrated digital wallets, kids’ cards, and debit cards, while Starling handles the technical and regulatory demands behind the scenes.

In July, Starling Bank reported revenue growth of nearly 600 per cent to £97.6 million for the period ended 31 March.

“The thriving technology and FinTech scene in European markets makes them a great fit for the culture of innovation at Starling, and therefore a natural space for us to offer and develop our solutions in Europe,” said Anne Boden, chief executive of Starling. “We have seen a consistent and growing demand for digital financial services, further accelerated by extended lockdowns and a shift in consumer behaviours in key European markets, and it is clear that Starling can power new and exciting opportunities for businesses across Europe.”

    Share Story:

Recent Stories


The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.

The Rise of Instant Payments
Instant payments are creating new business opportunities for banks by providing more touchpoints than ever. With these evolutions underway, Featurespace brought leading industry experts together to discuss how they are protecting customers from fraudsters in real time, utilizing innovative and disruptive solutions to reduce fraud. Click here to find out more.

Offloading Cyber Risk in the Cloud
As cyber attacks and data breaches are in the news on an increasingly regular basis - with regulatory penalties and customer trust on the line for financial services firms - it has never been more crucial to be compliant in the cloud.

This video, with Akamai’s EMEA director of security technology and strategy Richard Meeus, will help explain what your company can be doing to make sure it’s not embroiled in the next big fine or front-page scandal.