Anne Boden is founder and CEO of Starling Bank, a fast-growing UK digital bank targeting millions of users who live their lives on their phones. After a distinguished career in senior leadership at some of the world’s best-known financial heavyweights, she set out to build her own mobile bank from scratch in 2014. Today, Starling has opened more than one million current accounts for individuals and small businesses and raised £263million in backing. Its app is loaded with smart money management tools, while its Marketplace gives customers access to third party financial services. Starling also has a pioneering Banking-as-a-Service and payment services business. It was voted Best British Bank in 2018 and 2019 and Anne was awarded an MBE for services to financial technology in 2018.
From open banking and aggregation, to business banking and legacy banks, our four expert panelists give their take on what's next for digital banking.
Starling Bank is four-times larger than it expected to be at this point in its business plan. It already boasts 10 marketplace partners, and can offer them a robust source of new customers, all of whom have already been subject to KYC and AML checks.
Starling is making a major play for rewards from the £775m RBS Remedies Fund.
Anne said that the bigger banks are copying everything fintechs are doing but are spending far more money and time on digitisation than they need to be. A better alternative, she says, would be to pay firm's like Starling for banking-as-a-service products.
6th January 2020 | Oliver Smith
17th December 2019 | Oliver Smith
9th December 2019 | John Reynolds
23rd October 2019 | Oliver Smith
10th October 2019 | Oliver Smith
30th August 2019 | Oliver Smith
5th August 2019 | Oliver Smith
18th June 2019 | AltFi
29th April 2019 | Oliver Smith
20th March 2019 | Oliver Smith
11th March 2019 | Oliver Smith
8th March 2019 | Oliver Smith
28th February 2019 | Oliver Smith
22nd February 2019 | Oliver Smith
12th November 2018 | Ryan Weeks
3rd August 2018 | David Stevenson
27th July 2018 | Ryan Weeks
24th May 2018 | Ryan Weeks
24th April 2018 | Ryan Weeks
20th February 2018 | Emily Nicolle
6th December 2017 | Emily Nicolle
5th December 2017 | Ryan Weeks
22nd November 2017 | Emily Nicolle
24th October 2017 | Emily Nicolle
20th October 2017 | Emily Nicolle
12th October 2016 | David Stevenson