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Thursday, July 27, 2017

ireland
World | Products

Starling Bank enters Irish market

Tom Belger | 7:48 Wednesday 28th June 2017

Starling Bank has taken the next step in its global expansion by securing a banking passport into Ireland.

The London-based fintech bank has launched in the UK as a mobile-only current account.

Starling’s banking passport will allow it to bring its products to customers in Ireland, as it plans to provide services to European markets.

“The aim of Starling was always to ensure that the whole world could benefit from the opportunity of a healthy financial life,” said Anne Boden, CEO and founder of Starling Bank.

“Being granted our passport into the Republic of Ireland is an exciting next phase in our journey.

“It not only means we can move into Ireland, but that we can start providing that much-needed step change in banking globally – so everyone can benefit from a more positive relationship with their money.”

Irish customers will have access to the recently launched Starling Marketplace, which allows the bank to partner with and offer customers frictionless access to a range of financial products to help with their day-to-day needs.

The bank will also be allowed to apply for similar passports for each of the European Economic Area’s 27 member states.

comments

What is a banking passport? says:

7:30 Friday 14th July 2017

[…] recent weeks, Starling has secured a banking passport to launch products in Ireland, while Monese is set to expand into 19 additional European […]

Michael Alexander says:

10:25 Wednesday 28th June 2017

This can only be a very positive move in the market place

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