Starling Bank launches Bills Manager for small businesses

By Amelia Isaacs on Thursday 7 July 2022

Digital Banking

The bank launched the money management tool for personal accounts last October.

Starling Bank launches Bills Manager for small businesses
Image source: Starling Bank.

Starling Bank is now offering its ‘Bills Manager’ feature to small businesses to help them streamline their finances.

The new feature will allow small businesses to have a direct debit or standing order taken from money put into ‘Savings Spaces’ rather than from their main account.

Payments automatically sync up with accounting tools Xero and FreeAgent, provided through the Starling Marketplace, as well as the bank’s bookkeeping Toolkit.

This will enable businesses to keep track of incomings, outgoings and VAT all in one place.

“Our small business customers requested this feature, so we’ve delivered,” Starling chief banking officer Helen Bierton said.

“Uptake of Bills Manager has been strong among our personal current account customers and we’re confident it will help hundreds of thousands of small businesses better manage their money too.”

The tool was launched to personal current and joint account customers last October, and is now available for free for all small businesses and sole traders.

‘Bills Manager’ operates within the ‘Savings Space’ within the app, where customers can choose which direct debits or standing orders they want to pay from each ‘Space’.

Starling Bank recently reached 3m users and currently has more than 450,000 UK businesses.

Sign up for our newsletters

Your daily 7am download of all things alternative finance and fintech.

Fintech and alternative finance headlines with an exclusive Editor's Note each week. Delivered Monday at midday.

AltFi's new weekly US newsletter breaking down the ins and outs of America's burgeoning fintech sector. Delivered Monday 9am EST/ 6am PST.

Companies in this Article:

Starling Bank

More like this:

Exclusive: Tide scoops up Funding Options in its first acquisition

Editor's Pick

29 November 2022
Oliver Smith

The AltFi Awards 2022: Here are the winners!

Editor's Pick

2 December 2022
Oliver Smith