Starling joins forces with iZettle to help SMEs manage payments

By Aisling Finn on Thursday 10 December 2020

Digital Banking

The digital bank currently has 30 third-party service providers integrated with its marketplace. 

Starling joins forces with iZettle to help SMEs manage payments
Image source: Anne Boden/Starling Bank

 

Starling has made another addition to its ever-growing business marketplace.

PayPal’s iZettle will feature on Starling’s marketplace as of today, helping SMEs to access in-depth transaction information.

iZettle is the first payment service provider to be added to Starling’s business marketplace, joining the likes of digital receipt generator Flux and accounting software Xero.

Anne Boden, founder and CEO of Starling Bank, said: “This integration will help Starling’s SME customers see granular information on their payouts from iZettle as well as offering them an easier way to manage their transaction data for bookkeeping purposes, saving them time and effort.” 

Starling’s customers who accept payments through iZettle will be able to see incoming deposits and monitor how many sales they’ve made in the past week in their Starling bank app.

Jacob de Geer, vice president of Small Business Products and iZettle at PayPal, added: “It’s fantastic to support new and existing small business owners through our integration with Starling Bank.

“Together, we can help merchants across the UK access critical sales data and analytics in one place so they can make important decisions that allow them to sell smarter and grow their business.”

Starling has a 4.4 per cent share of the UK’s SME banking market, equating to around 285,000 limited company, sole trader and business accounts.

Just last week, Starling also added digital wealth manager Nutmeg to its marketplace, enabling customers to track their pension and investment balances all within Starling’s app.

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