UK challenger bank Starling Bank has made another addition to its online marketplace, serving 90,000 business customers.
Having added Sparqa Legal, Nimbla, Digtal Risks and CyberSmart to its business marketplace this autumn, Startling Bank is now introducing accounting software provider Intuit QuickBooks to it too.
The deal will see Starling Bank customers empowered to sort out their accounting challenges by using the challenger bank’s app and then find Intuit QuickBooks.
Anne Boden, founder and CEO of Starling Bank, noted how both the company and its latest addition to the marketplace are accustomed to disrupting incumbent industries. “We have given power back to our customers by letting them use their own data to make better business choices,” she said.
The news comes in the same week as Startling Bank and Monzo both announced that they would change how they charged customers for their overdrafts.
The decision to do so was due to a Financial Conduct Authority (FCA) published its new Overdraft Pricing Policy Statement (PS19/16) in June 2019, introducing new rules “to fundamentally reform the overdraft market”.
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