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Yolt announces Addition of Digital Challenger, Starling Bank, to its Platform
Yolt continues to expand its banking connections, opening its money management tools to Starling Bank account holders
Yolt, the smart money app backed by ING, has integrated with its first digital challenger bank, Starling Bank. Yolt’s aggregation functionality now enables Yolt users to view their Starling Bank account details and transactions alongside their other bank accounts, together in one place.
Since launching in June 2017, Yolt users have been requesting the addition of more partnerships and bank connections. With today’s announcement, Starling becomes the 29th bank, and first mobile only bank, to connect with Yolt.
Built around the concept of ‘managing money in a modern way,’ Starling Bank launched its mobile-only current account in April 2017, the first app-only bank in the UK to do so. Since then, Starling has continually developed and forged partnerships to make banking work for the consumer, such as being the first UK bank to offer Apple, Android and Fitbit Pay and launching the Marketplace, where customers will be able to access a wide range of financial products via their app. Yolt has now become one of the early partners authorised to access Starling’s customer data via their PSD2 compliant Open API.
Yolt and Starling Bank are both taking advantage of the latest developments in banking and Open APIs, and this new connection, using API integration, puts them ahead of the curve. The link-up will enable Starling Bank to join Yolt’s platform with 28 other bank connections, and follows partnerships with energy comparison platform, Runpath, and international money exchange FinTech, Moneytis.
Frank Jan Risseeuw, CEO, Yolt, said: “We are delighted to integrate with Starling Bank, after many requests from our users, as we continue to build the go-to smart money platform. It is connections like these that contribute to a new and innovative banking landscape, built on the principles of Open Banking. Together, we will empower even more people to manage their money and take control of their finances, allowing them to spend more time doing the things they love.”
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