Starling to make BaaS available in European market

Starling launched BaaS in the UK in 2018 and already has 25 payment and banking services customers

Starling

Starling to make BaaS available in European market. Source: facebook.com

A UK-based Starling bank is expanding its offering into Europe.

As of H1 2022, subject to regulatory approval, Starling hopes to make its Banking as a Service (BaaS) solution offering available in the EU, including France, Germany, The Netherlands, and Spain.

According to the press release, “Starling as a Service” will enable businesses to build their own financial products on Starling’s banking platform, such as savings or current accounts, integrated digital wallets, kids’ cards and debit cards.

The thriving technology and fintech scene in European markets makes them a great fit for the culture of innovation at Starling, and therefore a natural space for us to offer and develop our solutions in Europe. We have seen a consistent and growing demand for digital financial services, further accelerated by extended lockdowns and a shift in consumer behaviours in key European markets, and it is clear that Starling can power new and exciting opportunities for businesses across Europe
Anne Boden, CEO 

We’ve reported that Amex teamed up with US fintech to expand virtual card offering.

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