Mobile-only lender Starling Bank has set up its third UK office in Cardiff, creating 400 new jobs.

The new office occupies 14,000 square feet of space at Brunel House in the centre of Cardiff.

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The new hires will be for data science, fraud and customer service roles.

The bank also revealed plans to employ more people later this year.

Starling Bank founder and CEO Anne Boden said: “The Welsh tech sector is one of the fastest digital economies outside of London, and continues to grow.

“We believe that London’s success as a fintech hub should enable it to spread wealth and jobs throughout the UK and the wider economy.”

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Starling employs more than 800 people in its offices in London and Southampton.

The bank, which has more than one million customers across the country, offers personal and business banking services.

Last month, Starling Bank raised £60m from its investors and issued shares to all its employees.

North Wales Minister Ken Stakes said: “Our thriving FinTech ecosystem has seen a number of companies make the move to Wales following Welsh Government advice and support, and it’s fantastic Starling has decided to do the same, creating 400 new jobs with more to come.

“As a government, we can be rightly proud of our role in growing the financial and related professional services sector in what is a very competitive global business environment.”