Question 1

What is Starling Bank?

Accepted Answer

Starling Bank is an award-winning and fully-licensed bank built to give people a fairer, smarter and more human alternative to the banks of the past. We offer four different account types – personal, business, joint and euro, plus a child card. Pairing this with a pioneering payment services proposition for businesses, Starling’s world-class tech reimagines banking for life today, putting the tools people need to feel good about money in the palm of their hand.

All of Starling’s accounts are protected up to £85,000 by the Financial Services Compensation Scheme. Want to find out how to use Starling Bank? Walk this way.

Question 2

Who owns Starling?

Accepted Answer

Starling is an independent, privately-owned company and is not part of any other bank.

Starling is 24% owned by CEO and founder Anne Boden, employees and ex-employees and an employee benefits trust set up for employees.

Other investors are:

Harry McPike, a global private investor with a focus on technology and financial sector opportunities. He is represented on the board by two investor directors: Lázaro Campos, a fintech investor and entrepreneur and former CEO of SWIFT, and Marcus Traill, a senior investment management professional and director of QuantRes, a global proprietary quantitative trading firm.

Merian Global Investors, a leading public investor in the UK.

Question 3

Why the name Starling?

Accepted Answer

The Starling bird is sociable, adaptable, friendly and supportive – all qualities we wanted from our new bank. It also works as part of a team to make something as complex as a murmuration feel beautifully simple. You see where we’re going with this.

Plus, it’s a rather successful bird, which arrives in huge numbers in each new territory and displaces the old guard. Enough said.