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Starling bank
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Starling Bank
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FinTech
Starling Bank Launches Call Indicators amid Concerns of Impersonation
2024-10-31T13:18:29.136+02:00
The new feature provides real-time information on whether Starling is currently calling or has called recently.
Bank impersonation scams in the UK result in annual losses of about £78.9 million.
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FinTech
Starling Bank Faces £29 Million Fine from FCA over Financial Crime
2024-10-03T13:01:46.332+02:00
The bank's growth from 43K to 3.6 million customers outpaced improvements in its financial crime controls.
In January 2023, Starling found its screening system inadequately screened customers against sanctions.
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Payments
Starling's Pandemic Lending Comes Back to Bite with Surging Defaults, FCA Probe
2024-06-19T08:36:10.527+02:00
London-based digital bank files winding-up petitions against two dozen companies.
Many of the debtors show minimal signs of business activity.
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FinTech
Starling Bank Continues to Be Profitable: FY24 Revenue Jumps 51%
2024-06-12T12:51:46.656+02:00
The bank generated £593 million from net interest income.
The number of its customer accounts also jumped to 4.2 million from 3.6 million.
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FinTech
A New Venture by Starling Bank Founder? Ann Boden Is Hiring CTO
2024-03-25T11:36:49.021+02:00
Boden's call for a CTO has sparked interest, despite undisclosed venture details.
Starling Bank has been engaged in discussions with investment banks to prepare for an IPO.
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Executives
Starling Bank Poaches Energy Supplier Ovo's CEO Raman Bhatia
2024-03-12T16:06:55.962+02:00
Bhatia has a diverse background from financial institutions like HSBC and the energy sector.
His leadership will focus on expanding Starling's banking software platform, Engine, aimed at international markets.
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FinTech
Starling Bank Considers IPO Preparations: Thought Machine May Follow Suit
2023-10-24T13:50:52.685+02:00
London fintech firms Starling Bank and Thought Machine are considering public listings.
Proposed regulatory changes aim to strengthen London's position as a financial hub.
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FinTech
Starling Bank Achieves Sixfold Revenue Jump, CEO to Leave
2023-05-25T11:58:56.655+02:00
Pre-tax profit reached £195 million in FY2023.
Customer deposits rose and reached £10.6 billion.
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News
Starling Bank Bans All Crypto-Related Transactions, Cites ‘High Risk’
2022-11-25T08:36:12.313+02:00
The bank is not allowing crypto transactions for its cardholders.
It has 2.7 million customers.
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FinTech
Jupiter Fund Management to Sell Starling Bank's 10% Stake at Discount
2022-08-31T09:48:27.568+02:00
Jupiter Fund Management asks Citi to find a buyer.
Starling Bank is the first profitable digital bank in the U.K.
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News
Starling Bank Sees 93% Increase in Annual Revenue
2022-07-21T13:13:33.753+02:00
The digital bank saw a pre-tax profit of £32.1 million.
Lending spiked by 45% to £3.3 billion.
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Bilal Jafar
News
Starling Withdraws Irish Bank Application Shifting Expansion Plans
2022-07-19T07:23:38.954+02:00
The UK fintech’s application for an Irish license was pending for four years.
It will now focus on SaaS for the banking industry.
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