Anne Boden, founder of UK's Starling Bank, steps down as CEO (2023)

FAQs

Who is the CEO of Starling Bank? ›

About Anne

Anne Boden founded Starling in 2014 after a distinguished, 30-year career at some of the world's best-known financial heavyweights, among them Allied Irish Banks, Royal Bank of Scotland and ABN AMRO.

Starling Bank (/ˈstɑːrlɪŋ/) is a British bank, often referred to as a digital challenger bank or neobank, providing current and business bank accounts in the United Kingdom. Starling Bank is a licensed and regulated bank, founded by former Allied Irish Banks COO, Anne Boden, in January 2014.

Starling, which is backed by U.S. investment banking giant Goldman Sachs , is one of the most prominent fintechs in the country with a user base of 3.6 million customers.

As Chief Risk Officer, Larry leads the development and implementation of our risk management approach. This includes designing our Anti-Money Laundering and Fraud frameworks and providing Risk support to all parts of the Starling customer journey.

Starling urges caution in trying to make yourself into someone else's image. You can lose yourself in the endeavor, no matter how sound your reasoning seems. Transformation is another theme from the Starling Spirit Animal.

starling. noun. star·​ling ˈstär-liŋ : any of a family of usually dark-colored birds that tend to flock together. especially : a dark brown or in summer glossy greenish black European bird that has been brought to the U.S. and is often considered a pest.

Occurrences. European starlings are native to Europe and in parts of Asia and Africa. They were introduced into North America, South Africa, New Zealand, and Australia. Starlings are now found across the United States, in the Bahamas, Central America, Yucatan Peninsula, Puerto Rico, Jamaica, and Cuba.

Starling has raised £130.5 million from investors in a funding round that values the digital bank at more than £2.5 billion.

Is Starling Bank ethical? ›

App-based bank Starling – voted 'Best Current Account Provider' at the British Bank Awards 2022 – says it expressly avoids funding fossil fuels, mining, arms and military, and instead invests in “government securities and other high quality liquid assets”.

Starling is a UK-based digital bank, disrupting the financial services industry. Founded in 2014 by Anne Boden, it was granted a banking licence by the Bank of England in July 2016 and launched its first mobile personal current account in May 2017 available as a mobile app for both iOS and Android phones.

The top-ranked business current account providers: Starling Bank (1st) Monzo (2nd) Handelsbanken (3rd)

Starling is the most-switched-to-bank not to offer incentives throughout 2022 to date, with full annual data to be confirmed in April 2023, and was the most switched-to-bank overall in 2021. Starling has also been named Britain's best current account in the Finder Customer Satisfaction Awards 2023.

Your Starling account is protected by industry-leading security features, but it's important to stay personally aware too. To that end, we've rounded up some helpful links and resources about what fraud looks like and how you can avoid it.

You can apply for a Starling account as long as you're over 16 and live at a UK address. We welcome all nationalities and you don't even have to be a UK tax resident. You'll need to download our app from the iOS app store, Google Play Store or Huawei AppGallery.

Starling is also profitable, the marketing director is quick to point out, while Monzo hopes to break even this year. Starling achieved its first full year of profit in the year to 31 March 2022, posting a pre-tax profit of £32.1m on revenues of £188m.

Share. 27 October 2022: Starling Bank has increased its headcount by 20% since the start of 2022 to more than 2,000 employees.

Stacy Stewart - Head of Commercial Strategy - Starling Bank | LinkedIn.

Our Banking-as-a-Service accounts are protected by the Financial Services Compensation Scheme (FSCS) and allow you to develop your own financial product, fully supported by our scalable technology and secure APIs.

What is the tragedy in The Starling? ›

Tragedy. Their baby daughter is dead, a victim of SIDS. Lilly's choice has been to forge on through her grief.

Starlings have strong feet, their flight is strong and direct, and they are very gregarious. Their preferred habitat is fairly open country, and they eat insects and fruit. Several species live around human habitation and are effectively omnivores.

Starlings are despised above all else by conservationists for their ability to outcompete native birds for food and a limited number of nest sites.

Starling vs Monzo - Summary

Monzo's budgeting features are slightly better than Starling's as you can set budgets for spending categories and there is also the option to get your salary paid a day early.

Check you've entered the right PIN, your card is unlocked and ready to use, and you have enough money to make the payment. If you're using a virtual card, you'll need to make sure there's enough money in the Space the card's linked to.

Starling Bank profit comes as UK FinTech investment continues. Some key Starling numbers as of July 2022. Boden added: “We're profitable, very well capitalised and have no need to raise money. It's no accident that we have never sought a silly valuation, even when the prospect of one was dangled before us.”

The European starling gets its name not from the starry markings but from the way the short, tapered wings make the bird look like a four-pointed star in flight. Check out the most common birds found in North America.

European starlings carry a slew of diseases that are harmful to humans and animals such as salmonella, blastomycosis, and transmissible gastroenteritis. This species is known for their aggression towards other cavity nesting birds, outcompeting native species for nesting spots and food sources.

Starling Behavior

Starlings are very aggressive and will drive native birds out of their territory, much to the dismay of local bird watchers. Starlings are well noted for their flocking habits. They often gather in the tens of thousands, creating a nuisance when roosting in populated areas.

The UK: Starling Bank. The USA: Chime.

Can you have a US dollar account in the UK? ›

Can I open a US dollar account in the UK? You can open a US dollar account in the UK with a traditional bank, a digital bank or a specialist online service. Different providers offer accounts with different features and fees, and eligibility requirements may apply.

With Starling, there are no monthly fees for our regular personal, business or joint accounts. And we don't charge you for withdrawing cash or using your card overseas.

Starling Bank has 2.7 million active users, most of which use it as their primary banking account.

We're a digital bank, so we don't have physical branches, however, you may be asked to provide an address for your bank account with us. If you've been asked for Starling's Address for Direct Debits, please use: Starling Bank Operations Team, 5th Floor Brunel House, 2 Fitzalan Road, Cardiff, CF24 0FG.

13, 2023-- For the ninth consecutive year, U.S. Bank has been named one of the World's Most Ethical Companies by the Ethisphere Institute , a global leader in defining and advancing the standards of ethical business practices.

Triodos. Triodos was founded in the Netherlands in 1980. Having operated in the UK for 25 years, Triodos is now recognised as one of the most ethical and eco friendly banks available in the UK. Like the Co-operative bank, Triodos have also won the CFI Most Ethical Bank Award (in 2021).

When all of the details above are put together, Starling's SWIFT code comes out as SRLGGB2L (for our euro accounts the location code is 3L, which gives the SWIFT code SRLGGB3L).

Starling Bank was the second UK challenger bank to reveal its annual results. It revealed that its losses had jumped from £26.9m to £53.6m in the last year. At the same time its its revenues rose from £750,000 to £14.2m, increased its run rate to £80m and claims it is on track to break even by the end of the year.

We all need to deposit or withdraw cash from time to time. With Starling, you can use any of the Post Office's 11,500 branches (more than all the UK's banks and building societies combined) nationwide for all your cash needs.

Why did Tom Blomfield leave Starling? ›

On his return from Grouper in New York, Blomfield joined Boden at her company Starling Bank which was at that point one of the first digital banking companies. He departed in early 2015 after reports of disagreements at Starling, telling the Financial Times that "he could not comment under the terms of his departure".

The leading banks in the world in 2022, ranked by tier 1 capital, was Industrial and Commercial Bank of China (ICBC), with tier 1 capital amounting to approximately 509 billion U.S. dollars. Tier 1 capital is composed of shareholder equity and retained earnings.

Each card has a limit of £10,000 per day, regardless of the underlying currency you are transacting in.

Say you've applied for a Starling Bank account. We've done our soft credit search - no impact on your credit score - and your account has been approved. You start using it and decide that you also want to use Starling to manage your money with your partner by opening a joint account.

On his return from Grouper in New York, Blomfield joined Boden at her company Starling Bank which was at that point one of the first digital banking companies. He departed in early 2015 after reports of disagreements at Starling, telling the Financial Times that "he could not comment under the terms of his departure".

Monzo was founded in 2015 by Tom Blomfield, Jonas Huckestein, Jason Bates, Paul Rippon, and Gary Dolman.

Which is better Starling or Monzo? ›

Starling vs Monzo - Summary

Both apps are easy to use and provide a number of useful money management features. Monzo's budgeting features are slightly better than Starling's as you can set budgets for spending categories and there is also the option to get your salary paid a day early.

We built Britain's first digital bank.

One hard-won banking licence later, we set about giving people a new way to spend, save and manage their money (and take better care of the planet, too).

Your Starling account is protected by industry-leading security features, but it's important to stay personally aware too.

Starling is great for travel. You can use your Starling card in a whole load of countries – almost anywhere you see the Mastercard logo, in fact! Unlike a lot of other banks, we don't add fees or charges when you use your card overseas.

We have reason to believe your account isn't safe

Keeping our customers safe is a priority. If we have any reason to believe your account, or money, isn't safe - for example, if you've granted a third party access to your account, or they've gained it without your knowledge, our teams will take the appropriate action.