FinTech Magazine October 2020 | Page 79

TOP 10 2014 YEAR FOUNDED

CEO

ANNE BODEN

UK HQ

08

Starling Bank

Capital raised : $ 363m

79 Founded by FinTech pioneer Anne Boden in 2014 ( who featured in our recent Top 10 Women in FinTech List ), Starling Bank made history in 2016 with the largest single funding round at that time : £ 48m ($ 56.3m ). Since then , the bank has gone on to expand its product portfolio with business accounts , forge partnerships with UK institutions such as the Post Office and diversified its products by offering customers euro debit cards . On 20 July 2020 , Starling announced that it was adding Penfold to its marketplace , a pension scheme for self-employed workers . “ The integration with Penfold will encourage [ self-employed workers ] to invest and benefit from the government contributions and tax relief which can make savings go so much further ,” said Boden .
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