Starling Bank Goes Offline

Starling Bank , UK’s mobile-only bank, has announced a partnership with the Post Office to offer everyday banking services to its customers. The partnership will allow Starling current and business account customers to deposit and withdraw cash through the Post Office’s 11,500 branches nationwide, giving them physical account access alongside their digital one.

The Post Office has more branches than all the UK’s banks and financial institutions combined. Currently, 99.7% of people in the UK live within three miles of their nearest branch, and almost 93% live within just a mile.

“There are now over 1,500 communities in the UK with no bank branch, so by combining Starling’s cutting-edge digital banking technology with the unique reach of Post Office branches, we can bring simple and affordable banking back to these Bank Branch Deserts. I set up Starling Bank with the mission of improving financial health and making banking about the customer again. This is exactly the kind of development that will help us achieve this, returning banking services to often forgotten communities.” – CEO of Starling Bank, Anne Boden.

Bottom Line: A winning move.