Starling to launch banking-as-a-service package in Europe

Starling Bank’s widely-anticipated expansion into European markets will take the shape of a banking-as-a-service (BaaS) technology package, rather than a customer-facing offering.

Expected to kick off in H1 2022, Starling will begin its foray into Europe with France, Germany, the Netherlands, and Spain.

Dubbed ‘Starling-as-a-Service’, the offering will allow businesses to develop their own financial products on its banking platform, including things like savings or current accounts, integrated digital wallets, kids’ cards, and debit cards. 

This arrangement tasks Starling with settling the technical and regulatory needs behind the scenes, while letting businesses deal with their customers with embedded banking baked in. 

CEO Anne Boden, “The thriving technology and fintech scene in European markets makes them a great fit for the culture of innovation at Starling, and therefore a natural space for us to offer and develop our solutions in Europe.

Starling first introduced BaaS in the UK in 2018 and already plays host to 25 payment and banking services clients, including CurrencyCloud, Moneybox, Raisin, and Vitesse.

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