Starling Bank, a UK-based digital bank, has announced plans to hire 1,000 new tech employees as part of its digital expansion strategy. The move comes as the bank seeks to capitalize on the growing demand for online banking services and cement its position as a leading player in the UK fintech industry.
The new hires will be spread across a range of roles, including software engineers, data scientists, and product designers. The bank has stated that it is looking for individuals with a passion for innovation and a desire to work in a fast-paced, dynamic environment.
Starling Bank was founded in 2014 by Anne Boden, a former executive at Allied Irish Banks. The bank launched its first product, a mobile banking app, in 2017 and has since expanded its offerings to include personal and business banking services, as well as loans and mortgages.
The bank has experienced rapid growth in recent years, with its customer base increasing from 200,000 in 2019 to over 2 million in 2021. The bank has also raised over £300 million in funding to date, including a £272 million funding round in March 2021.
The decision to hire 1,000 new tech employees is part of Starling Bank’s broader strategy to expand its digital offerings and improve its customer experience. The bank has stated that it plans to invest heavily in technology and innovation over the coming years, with a particular focus on artificial intelligence and machine learning.
In a statement announcing the new hires, Anne Boden, CEO of Starling Bank, said: “We are building the bank of the future, and we need the best and brightest talent to help us achieve our goals. We are looking for people who are passionate about technology and innovation and who want to be part of a team that is changing the face of banking.”
The move by Starling Bank to hire 1,000 new tech employees is a significant development in the UK fintech industry. It highlights the growing importance of digital banking services and the increasing demand for talented tech professionals in this sector.
Overall, Starling Bank’s digital expansion strategy is likely to position the bank as a key player in the UK fintech industry for years to come. With its focus on innovation and technology, the bank is well-positioned to capitalize on the growing demand for online banking services and drive further growth in the years ahead.
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