Starling Bank is launching in house small business loans up to £250K which is a big expansion for the digital...
[Editor’s note: This is a guest post from Ryan Weeks, formerly with Dow Jones and AltFi, covering fintech. This is...
According to AltFi Starling Bank is using their deposits to fund consumer loans originated by p2p lending platform Zopa; while...
Digital banks have been presenting themselves as a more transparent fairer option than the traditional players; what these newcomers are finding is to scale and reach profitability they will need to figure out a way to lend that doesn’t strike the same tone as customers get from their typical bank; Tandem, Monzo, Starling Bank, Revolut and N26 have all started to roll out lending options in a variety of ways by using a tailored data driven approach; figuring out where the balance lies is the key piece if these banks are truly going to disrupt the banking system. Source.
The Eight Virtual Banks of Hong Kong The State of Securitizations in Alternative Lending Lydia expands credit offering in partnership...
The British Business Bank has added fintechs OakNorth Bank and Starling Bank to the more than 40 lenders in the...
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
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.
According to a new survey by Starling Bank UK based small businesses spend about 15 hours a week or 10...
Last night in London the banking community in the UK came together for the annual British Bank Awards; Starling Bank...