Starling Bank has made new partnerships to expand its offering to business customers.
Starling Bank has added Digital Risks and CyberSmart to its business marketplace.
Digital Risks is an SME insurtech which offers a range to suit the needs of smaller digital businesses.
CyberSmart is a cybersecurity platform which identifies business weaknesses and makes recommendations.
What does this mean?
This is part of a strategy to expand Starling’s marketplace to provide business customers with the tools they need to grow. The challenger currently has 65,000 business account holders. We’re seeing UK FinTechs such as Starling and Monzo move from a consumer’s ‘added extra’ to try and become more essential for businesses.