The British challenger bank Starling has been planning to move to mainland Europe for three years, now the time has come.
In this episode, we took up the challenge to compare the incomparable. The US and European banking scene from Features and UX...
Digital bank Starling seized the top position in the CMA ratings business category.
The UK digital bank Starling was among seven banks that made net gains in Q2/2021.
The UK challenger Monzo bank has recently reported £130M in pre-tax losses up from £114 million in the same period in 2020.
Starling has achieved a net hire of 551 people since 23 March 2020 as it continues to grow.
For a few years now, consumer attitude towards finance and banking has been changing. A rapid rise in digital consumption has resulted in more technology and innovation than ever before, with total fintech investment in Europe skyrocketing to $58.1bn in 2019.*
CEO Nikolay Storonsky told Business Insider India that the company is about to make an investment of $20 million–$25 million to break into India by the end of 2021.
This way N26 became the second highest-valued bank in Germany, slightly ahead of Commerzbank.