Starling approved to offer bounceback loans

May 07, 2020 | SME Finance

Written by FinTech Alliance

Starling approved to offer bounceback loans

Starling Bank is among those accredited to offer Bounce Back Loans.

In Brief:

  • The first banks accredited were Barclays, NatWest (with RBS and Ulster Bank), Danske Bank, Lloyds and Clydesdale and Yorkshire Bank.

  • However Starling is the first FinTech to be added.

  • It’s been followed by Funding Circle which is developing its offering.

What does this mean?


Starling was already accredited for CBILS and as soon as the Bounce Back scheme was announced it stated it was “going to be” offering the loans “as soon as possible” for its SME customers.


Read more here.

More in SME Finance

Greensill looks to grow in LatAm   
SME Finance
June 16, 2020

Greensill looks to grow in LatAm   

Greensill has acquired Colombian FinTech Omni.   In Brief:  ...

Funding Xchange partners with Experian
SME Finance
April 21, 2020

Funding Xchange partners with Experian

FinTech Alliance company Funding Xchange and Experian have launched a service to help businesses che...

Funding Circle joins CBILS
SME Finance
April 20, 2020

Funding Circle joins CBILS

Peer to peer lender Funding Circle has been approved to join the coronavirus business interruption l...

SME Finance
September 05, 2019

Financial inclusion For Europe’s SMEs - Building a Circle of Trust

The unparalleled power of today’s technology confers a responsibility on all of us, across the...

SME Finance
August 19, 2019

Finastra report: UK SME Opportunities for Challenger Banks

Finastra has partnered with YouGov to produce a report on the needs of UK SMEs and explore the oppor...

There are no Events in this category