UK challenger Starling Bank is continuing its mobile banking momentum with the launch of business accounts for small businesses and small traders, the bank announced today.
Starling’s business banking accounts will include features like business accounting services and linked invoicing, as well as real-time international payments. Starling is part of the real-time Faster Payments network, a service that will also be available to its business account users.
Tailored for smaller businesses and entrepreneurs, these Starling for Business accounts are also designed for mobile, in the same vein as the bank’s consumer current account.
Anne Boden, CEO for Starling Bank, said in a statement:
A huge group of people exist who need more than a personal current account but aren’t quite a small business. This is what we are hoping to solve here by developing Starling for business.
The bank will be opening business accounts to a small, closed group of testers at the end of this year, according to Starling. Those who are interested can already register on the bank’s site.
Starling plans to launch the product in early 2018.
Read more at BankingTech, Real Business, and Finextra.