Starling Bank, a UK-based mobile-only lender, has launched Marketplace, which will allow customers to gain access to services from multiple third parties through the bank’s app.
The integration with third parties will be facilitated through the bank’s open banking application program interfaces (APIs).
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Rewards and receipt platform Flux is the first integrated partner to be added to the Marketplace.
The integration will allow the bank’s customers to receive real-time receipts in their mobile app once they make payments with their Starling card at Flux’s retail partners.
Flux will also enable the bank’s users get automated loyalty points with cashback in the future in lieu of loyalty freebies gathered.
At the same time, Starling Bank also joined forces with Moneybox, Tail, and Transferwise.
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By GlobalDataStarling Bank chief platform officer Megan Caywood said: “Starling is built on the belief that customers should have ownership over their data. This is how they can build a better relationship with their money. The Starling Marketplace is central to turning this belief into something tangible, allowing third party developers, like Flux, access to our APIs to build a range of apps and integrations with the goal of helping people manage their money more efficiently.
“We think the ability to digitise your receipts, as provided by Flux, will give our customers greater insight into their spending, and a less cluttered financial life.”
