‘Why Would Anyone Want to Become a Bank’: Will More Challenger Banks Evolve as Banking as a Service Providers?
Starling Bank recently raised £75 million to fund a European expansion. As part of that announcement, the UK-based challenger said it had signed on three new clients to its banking as a service.
According to Starling, it has 20 institutional clients on its BaaS platform, which it launched in August 2018. Payment volume through the service is doubling month over month.
To view the full article, click HERE.