Starling Bank

Type
Business expansion
Country
United Kingdom
Region
Wales; South East Wales; Cardiff and Vale of Glamorgan
Location of affected unit(s)
Cardiff
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64.1 - Monetary intermediation
64.19 - Other monetary intermediation
400 jobs
Number of planned job creations
Job creation
Announcement Date
4 March 2020
Employment effect (start)
4 March 2020
Foreseen end date

Description

Starling, the UK-based digital bank has announced that it will create 400 new jobs in its newly opened office in Cardiff, Wales by the end of 2020. The new jobs are in data science, fraud and customer service.

Starling was founded in 2014 and it offers personal and business accounts. It has offices in London and Southampton and employs 800 people.

Commenting on the coronavirus emergency, the bank’s CEO said that the bank could be run remotely because the service is not tied to a particular location.

Sources

Citation

Eurofound (2020), Starling Bank, Business expansion in United Kingdom, factsheet number 100283, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100283.