Starling Bank has hopped on to the Railsbank platform, providing a firm footing for businesses to issue UK bank accounts and access Faster Payments via the Railsbank Open API.
Launched last year by serial entrepreneur Nigel Verdon, Railsbank promises to provide businesses with access to global banking services with just five lines of code.
Starling – which announced plans to move into the business banking market in October – now joins Railsbank stakeholder Arkéa Banking Services, a subsidiary of Credit Mutuel Arkéa, on the startup’s banking panel.
COO and co-founder of Railsbank Clive Mitchell says: “We are delighted to be partnered with the team at Starling and to be one of the first aggregator platform live on Starling. It shows that our partner bank network is growing quickly, and that wholesale open banking with APIs is a reality.”