Expanding digital bank Starling has confirmed it is creating 400 new jobs in Cardiff.
In a major boost to the growing fintech sector in the Cardiff Capital Region, Starling Bank is investing in a new data science, fraud and customer service hub in the city.
As revealed by our business website Business Live Wales, the operation will allow Starling to maintain the growth of its business and personal banking platforms. It currently has 1.3 million accounts.
Starling, which was founded by its Swansea-born chief executive Anne Boden in 2014, has taken 14,000 sq ft of office space at Brunel House in the centre of Cardiff for its new hub, where it has space to accommodate further expansion.
The digital bank said it will recruit the 400 staff in the current calendar year, but plans to continue to recruit beyond that.
It looked at a number of city locations across the UK, before opting for Cardiff, in part because of its strong fintech sector. The investment is not receiving any financial support from the Welsh Government.
Ms Boden said: “The Welsh tech sector is one of the fastest digital economies outside of London, and continues to grow. Cardiff is also a bright, dynamic and entrepreneurial city with a supportive ecosystem which we are looking to tap into as we continue to grow our business and personal accounts.
“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. That’s exactly what we’re doing with this office in Cardiff.”
Important things to consider for your CV
