At Starling we’re changing the face of banking. In addition to providing you with mobile bank accounts for personal or business use, we want you to have access to the best financial products and services, with control, choice and visibility, all from your banking app.
That’s why we built the Starling Marketplace. It’s the space in our app that gives you access to third party financial products and services, from mortgages and pensions to insurance and savings. Since gaining regulatory permissions to introduce you to different financial services providers, we’ve been busy adding partners and today we’re launching Anorak, a smart life insurance adviser. On this note, we’re taking a closer look at our Marketplace, how it works and where we’re going.
The problem we’re solving
So what happens when you want to take out life insurance? Traditionally, you would have to fill in reams of forms to get a life insurance quote and enter your balance, financial history and personal information. But what if this could automatically be done for you and a quote could be generated from this information? And what if we went a few steps further so you wouldn’t have to go into your paper finance folder every time you wanted to review it. What if you could access and manage your insurance, all from within the Starling app? This is exactly what we're doing here at Starling.