At A Glance
Supply Chain Processes:
Retail banking, B2C, payments, B2B
Starling is a completely different kind of bank. Based in London, it offers a mobile-only personal, business and joint accounts on Android and iOS. The Starling Marketplace allows customers to access a wide range of complementary financial products through its app. Starling also has a B2B payments services offering.
Starling is a fintech business with a banking licence, fully regulated by the Financial Conduct Authority and Prudential Regulation Authority and covered by the Financial Services Compensation Scheme. It was granted a banking licence by the Bank of England in July 2016.
Its app was launched to the public in May 2017. Starling Bank is directly connected to major payment schemes, including Faster Payments, SEPA, Bacs, and MasterCard.