London, GB 3 °C

Wednesday, November 21, 2018

3_2018-07-06-03-50-49pm.gif
News > Products

Starling Bank targets 25 partnerships in 2018

Tom Belger | 16:49 Wednesday 14th February 2018

Starling Bank has revealed the first wave of financial services partners whose products will be available via its in-app Marketplace .

The mobile-only bank's announcement follows approval by the PRA and the FCA in December to allow it to offer a full product range through the Marketplace app.

Starling has partnered with digital pensions provider PensionBee, digital investing service Wealthsimple, mortgage broker Habito and Kasko travel insurance in partnership with AXA.

These partnerships will allow Starling customers to access products including pensions, Isas, insurance and mortgage brokers via their smartphone.

Starling hopes to announce at least 25 more partnerships throughout the year.

Megan Caywood, chief platform officer at Starling Bank, said the expansion of its Marketplace was a huge milestone for the bank.

“We are building a banking experience fit for the 21st century, where the best financial products are available securely in one place.

“Last year, we launched our full set of open APIs, and enabled integrations with companies like Moneybox, Yoyo Wallet, Yolt, Tail and Flux.

“Now we're excited to take that to the next level by integrating financial services providers into the Starling Marketplace.'

Toby Triebel, Europe CEO at Wealthsimple, felt that joining Starling's Marketplace was about making access to transparent financial services products available to everyone.

“To make that a reality, we're excited to be featured alongside other companies working towards this goal, and offer our easy, low-cost investing services to Starling customers.'

Daniel Hegarty, founder and CEO at Habito, added: “Starling gives their customers ultimate clarity and control over their current accounts.

“We share the same vision for getting a mortgage and are excited to offer Starling customers a transparent and straightforward mortgage experience that is free of jargon, fees and misinformation.

“Via the Starling app, customers can manage their mortgage seamlessly and enjoy the hassle free and instant service that is the new standard set by this generation of financial products.'

leave a comment

Your email address will not be published.