Starling Bank eyes Euro accounts and more partnerships
Following a Twitter Q&A session, Starling Bank’s CEO, Anne Boden, answered questions from users, and the bank revealed some of its updates to come in the next year.
The first reveal, given the widespread use of European payments by users, is that the bank will be looking at Euro accounts, allowing customers to make payments through the Single Europe Payments Area (SEPA).
The bank has also said that, following the launch of the business account service, as well as the beta Xero integration, it will be looking to expand the capabilities of these accounts. Xero will facilitate accounting tasks for business account holders.
The latest addition to the bank’s business marketplace was Zego, which provides insurance for those working in the gig economy.
Starling says there are many more partnerships in the pipeline to be included in the marketplace.
Recently, the bank has made UX improvements to its app, as well as allowed cash deposits at the Post Office, joint accounts, underage accounts, personal loans, nearby payments and others.
This news comes after a £10 million funding round aimed at giving it a boost in the challenger market.
