Starling Bank has created not only a digital bank offering but a digital marketplace where both businesses and individuals may access a growing array of 3rd party services. Other examples of approved 3rd party providers include the Department for Work and Pensions, Raisin UK and Fintechs Currency Cloud, Pockit, PelicanPay, and Vitesse. SumUp is the latest offering.
SumUp is said to be currently in use at over 1.5 million businesses. The terminals can be used with an accompanying app or via a standalone 3G card reader. (more…)