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UK challenger bank expands services with new partnerships

Starling Bank expands Banking Services with three new partnerships

UK challenger bank expands services with new partnerships. Source: shutterstock.com

Starling Bank, digital banking platform from the UK, is expanding its Banking Services offering with the addition of three new partners, providing them with access to its banking and payments infrastructure. The partnerships come as Starling announces it has raised £75million to accelerate its global expansion.

Telleroo, PelicanPay and Vitesse, providers of B2B payments for corporates and other institutions, are partnering with Starling in a compelling example of Open Banking in action.

Starling will be providing Telleroo with payroll payment services for its clients. With Vitesse, it will be enabling insurance claim payouts, while with PelicanPay it will process payments for a range of clients, including fintechs and third-party providers.

SEE ALSO:?Biggest threats to banking in 2019

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