You may well have seen in-app that the Starling Marketplace is steadily filling up with a range of partners, but what does it actually mean for you? Today our Marketplace Product Manager, Cecilia, gives you the lowdown on our integrated partners and explains just how easy it is to get started.
What if everything just worked together?
Let me start this off with a question (or three). How many accounts do you have to manage your finances? No – I’m not just talking about the current account you hold with your bank, but also your savings, investments, insurance and your mortgage (if you have one)? What about your credit score and your bills – do you have to use a separate app or website to stay on top of these? Wouldn’t it be nice if all that information was in one place and everything just worked together?
We’re big believers in doing things as a team. We think that great things can come from working together. That’s no different for our finances, which is why we’re working hard with our friends from across the industry to bring everything into a single place and give you a holistic view of your financial life from every angle – without needing to visit a mass of websites or use up storage space downloading a horde of apps.
We’ve been building out our Marketplace over the last few months with initial partners such as PensionBee, which lets you combine your pensions, then track your investment right from our app. Now we’re excited to announce and launch some new partners.
This week we’ve added Wealthify, an online investment management company, to the Marketplace. This allows you to set up a savings account or ISA with as little as £1 saving. When you sign up and authorise Starling to share your details with Wealthify, we’ll save you time by providing these automatically – so there’s no need to enter in all of your information again, and no chance of typos either.
Next week we’ll also be adding our first mortgage broker, Habito, who are facilitating the traditionally very frustrating and time-consuming mortgage process. The partnership will allow you to initiate a mortgage application and follow it through the entire procedure – right from our app.
As we promised back in February, we’re pleased to announce that Wealthsimple, an online investment platform, will also be available in the Starling Marketplace in the next couple of days, offering savings accounts and ISAs with a £1000 minimum deposit to get started.