Starling Bank


t: @StarlingBank

CEO :  Anne Boden

Founder: Anne Boden

Founded: 2014

Sectors: Banking

Total Funding: $307.6m 

Latest Funding: $131m, Grant - Capability & Innovation Fund, Feb 2019 / $75m, Feb 2019, Series C

Lead Investors: QuantRes, Merian Global Investors

HQ: UK, London


Founded in 2014, Starling is a digital-only “challenger” bank that

In June 2018, Starling introduced a slew of initiatives, including Google Pay to the Starling app, said to be a first-of-its-kind event in the UK. The initiative allowed customers who have only just started using Starling to add a Starling Debit Card to the Google Pay digital wallet and start spending even without having a physical debit card on hand. Current customers can activate Google Pay in the Starling app with just one tap.

Mastercard announced that it is working with Starling Bank as its strategic partner to settle funds sent within the U.K. through its Mastercard Send service. The move enables banks and other businesses to send and receive real-time P2P and corporate disbursement payments to U.K. bank accounts through the domestic Faster Payments scheme, which Starling Bank supports

Starling also announced that it is making its business account available to the UK’s 3.4 million sole traders. This expansion comes just two months after Starling launched the nation’s first mobile-only business bank account. Starling customers who are sole traders can apply for an account for their business in less than 10 minutes, directly from their smartphone. There are no fees for having an account, no fees for making a payment to another bank account and no fees for withdrawing cash. This allows 

For the first time, sole traders – who make up more than 60% of businesses in the UK – will be able to manage their business account entirely from their mobile, while also being able to manage their personal finances from the same app.