‘Challenger’ bank boosts SME offering with new accounting partner

Mobile-only ‘challenger’ bank Starling Bank has expanded its business marketplace with the addition of a cloud-based accounting software provider.

The bank has teamed up with Intuit QuickBooks to offer its 90,000 customers a link between their business banking and accounting.

The news comes less than two months after Starling Bank, which is based in London, secured £30m funding to support investment in its B2B services.

Starling CEO Anne Boden commented: “Starling and QuickBooks have both taken a traditional industry and disrupted it with the power of technology and our apps. We have given power back to our customers by letting them use their own data to make better business choices.

“It’s no wonder so many of our customers have been urging us to bring QuickBooks into the Starling Marketplace.”

Shaun Shirazian, head of product at Intuit QuickBooks UK, added: “Like Starling, our ambition is to continuously support our customers, to give them the best tools, features and options to help their business prosper.

“Now, both QuickBooks and Starling users have the chance to auto-sync, enabling an even faster and easier way for them to reconcile their business accounts and make better informed, real-time, business choices.”