Starling Bank announces partnership with mobile invoice and expense platform Albert
27th November 2017
New partnership will empower freelancers and small businesses by reducing their financial stress and administrative burden
Starling Bank, which was the first of the banking challengers to offer a mobile current account in the UK, has today announced its latest partnership with mobile invoice and expense platform Albert. Albert is the UK’s highest rated finance app for freelancers with over 800 five-star reviews in the Apple app store. By dramatically simplifying and automating daily bookkeeping tasks, it aims to take away stress and fear from business financial management.
The partnership with Albert follows Starling’s recent announcement that it will be offering business accounts to entrepreneurs, small businesses and sole traders in the early New Year. By connecting Albert directly with the new Starling business account, users will benefit from an experience that literally will be years ahead of any existing solution in the market.
The unique Albert-Starling experience will be publicly available with the business account launch early in the New Year and the closed testing will begin this autumn to a select group of the first pre-registered people. Starling Bank is the first UK bank to open its APIs in preparation for PSD2 in January 2018 and together with Albert will be the first to bring the benefits of PSD2 compliant partnerships to sole traders and small businesses.
Anne Boden, CEO and Founder of Starling Bank said:
"To follow our announcement that we will be offering business accounts to small businesses, entrepreneurs and sole traders, Albert are the perfect partner for us as we continue to challenge conventional thinking in banking. Small businesses need to be agile and entrepreneurs should spend their time building on their ideas, not bogged down in paperwork. Starling and Albert are firmly on the side of the entrepreneur and this partnership will make their lives – and businesses – better."
Ivo Weevers, CEO and Co-Founder of Albert said:
"It’s crazy that most self-employed people still don’t feel comfortable with their daily finances. These are the basic aspects of our lives that are supposed to be easy. To solve this, one needs to leapfrog the existing status quo. Albert is super thrilled to have found a perfect partner in Starling to make this vision a reality for all the self-employed."