Standard Chartered has partnered with Starling’s Banking as a Service (BaaS) platform.
In Brief:
Standard Chartered has asked for Starling Bank’s help for a new digital platform.
It will enable people in the UK to invest their savings.
The Shoal platform will let Standard Chartered savers select from “green” options to invest their money in.
What does this mean?
Some of the areas customers will be able to invest in include renewable energy, clean water and community development – this is being achieved through Starling Bank’s technology and APIs, and StanChart says Shoal will be added to Starling Marketplace “in due course”.
