Digital bank Starling is to open a second office

Keiligh Baker's picture

London-based digital bank Starling is to open a second UK office and hire up to 150 new employees this summer.

The new Starling office in Southampton, which will be open by the summer of 2019, will house up to 50 software engineers and up to 100 customer service team members working directly for the bank.

In just under a year, Starling has garnered more than 30,000 SME business account sign ups, adding to around 500,000 consumer current accounts.

Anne Boden, chief executive of Starling Bank, said: “We are growing so fast that we are rapidly running out of space in our London offices. What really attracts to Southampton is its entrepreneurial spirit and its level of tech talent.

"We’re looking for new people, engineers as well as customer service team members, to join us in Southampton now and will be expanding the office quickly.”

Southampton will be Starling’s first office outside London. The bank is also committed to opening a second regional contact centre to support its growing customer base of SME businesses and individual current account holders.

Opened by Anne Boden in 2014, the company now plans to heavily invest in its business banking division after being awarded a £100 million grant from the Capability and Innovation Fund.

The announcement of a second Starling office comes a month after the challenger bank announced it had raised £75 million in further funding.