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Starling Bank Unveils Banking-as-a-Platform APIs

“These businesses can pick and choose individual components and features, as they use Starling’s banking licence – which means they do not need to be regulated themselves. Raisin UK is Starling’s first business client for this offer, an online savings marketplace that allows customers to pick savings deals on the market to meet their individual needs. Through Starling’s API, Raisin UK will be able to open accounts for each customer, collect their deposits and place them at their network of partner banks that participate in its marketplace.”