The epithet “trailblazer” is often overused. But our colleagues in the alternative finance sector, Starling Bank, richly merit the name. There’s an arguably unresolved issue over governmental Covid-recovery loans (our view of the allegations is clear enough from our coverage – and from the lack of fire following the somewhat dubious smoke). Nevertheless, Starling remains […]
Digital boutique banks, the kind of entity that one might argue Money&Co. is becoming, are all about agile management and the flexibility to adapt to market conditions. Today, we bring news of one of the leading digital banks, Starling, which is adapting its offering to deal with the much-heralded cost-of-living crisis. While Money&Co., with a […]
Times are certainly interesting in the world of alternative finance. Starling Bank, one of the UK’s leading digital banks, has already demonstrated impressive organic growth – and has recently announced aggressive expansion plans. Our friends at Finextra report Starling’s desire to acquire a lending platform: Starling Bank has set its sights on buying a lending […]
This is a story that is running, and running fast. Extraordinary allegations made against Starling Bank – whose strategy and way of doing business seem admirable to many outside observers – is subject to strident criticism from a major figure in the financial world. That criticism is not going away. Starling Bank is taking pains […]
Today we bring news of an astonishing outburst. The general, industry-wide problem regarding Covid loans certainly appears to be real enough. But the specific allegations here are truly shocking. Altfi reports: Starling Bank is reeling from accusations from former Conservative minister Lord Agnew that the bank used the Government’s Covid loan scheme as a “God-sent […]
Starling Bank is in the process of moving from “challenger” bank to a major, mainstream player in the 21st Century’s banking sector. Our friends at Altfi chronicle the latest impressive moves from this quarter: Starling Bank has raised £130.5m from its existing investor base, as it looks to build a “war chest” for acquisitions. The challenger bank […]
Revolut and Starling are among the leaders of the “challenger” banks bringing the digital revolution to the mainstream. Regular Altfi visitors to our News site will be familiar with both banks. Our friends at Altfi bring news of the latest digital incursion into the mainstream. Nearly six months on from its acquisition of Fleet Mortgages for £50m, […]
The convergence between the “alternative” finance and the mainstream continues apace. This snippet of product news, brought to us by our friends at Finextra, is indicative of the general theme. Starling Bank has released a new feature that enables customers to make specific recurring bill payments from an alloted ‘Saving Space’, separate from their main […]
Challenger banks, as they were commonly known, are certainly developing their challenge to the mainstream. Witness the results of a new SME business service survey, as reported by our friends at Finextra. The UK’s Starling Bank has shot straight to the top of charts in the latest rankings of business banking services by the Competition […]
The UK government has, quite rightly, been throwing money at the UK economy and its financial sector to ameliorate the drastic effects of the Covid-19 pandemic. Our friends at Finextra report on the latest twist in this particular monetary tale: Starling Bank, Virgin Money and TSB are to be the beneficiaries of a £29.6 million […]