Anne Boden reveals ambitions for Starling Bank

By Amber Donovan-Stevens
In a recent interview with IBS,CEO Anne Boden shared her ambitions for the neobank. Anne Boden has bared Starling’s ambitionsin a recent interview wi...

In a recent interview with IBS, CEO Anne Boden shared her ambitions for the neobank.

Anne Boden has bared Starling’s ambitions in a recent interview with IBS Intelligence. Boden shared that the bank plans to use an Irish banking license to passport into European countries in the coming years. 

“We’re working on a process to get an Irish banking licence, which will mean that we can have a European Centre in Dublin and then passport out of Dublin, out of Ireland, into European countries. So we very much hope that in a couple of years’ time, you’ll be seeing us across Europe,” Boden said.

The expansion into Europe would see the bank compete much more closely with German challenger N26, which pulled out of the UK earlier this month

In addition, Boden has revealed plans to expand the brand’s products to house multi-currency accounts, new retail products, and new services for small businesses.

SEE MORE: 

“We are ever so proud that we are doing such great things for businesses,” Boden said. “Starling is at an exciting place, it’s full of people that are passionate about building banking services for our customers. And when those customers thrive, we thrive.”

“I have a chance in my role of coming across some exciting businesses that are new, that are exciting that is changing the world for the good. And I am in that unique position of being able to help those businesses.”

These comments follow shortly after Boden announced Starling’s ambitions of becoming the first challenger bank listed on the Stock Exchange, which could be expected as soon as 2022.

Did you know? According to Starling, the UK has a £17bn “shed economy,” comprising over 104,000 micro-businesses that operate from their garden sheds. These are the stats that inspired its latest UK advert.

For more information on all topics for FinTech, please take a look at the latest edition of FinTech magazine.

Follow us on LinkedIn and Twitter.

Share

Featured Articles

Banks are capping crypto spending, but are they right to?

Several banks in the UK are limiting the amount of money that account holders can transfer to crypto exchanges. Is the move justified, or an overreach?

UBS agrees to rescue troubled Swiss bank Credit Suisse

UBS has agreed to rescue its troubled Swiss banking peer Credit Suisse, a move that has been welcomed by the Swiss National Bank and ECB alike

Credit Suisse gets $50bn emergency finance from central bank

Credit Suisse has secured US$50bn in emergency financing from the country's central bank, Swiss National Bank, as fears over its liquidity persist

Regulators race to salvage collapsed Silicon Valley Bank

Banking

Stripe's UK Head of Engineering talks 'women in fintech'

Digital Payments

Investors poised for action as President Xi set to open NCP

Venture Capital