Starling - general thread

New screen in the app

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It seems to be read-only inasmuch as there’s nothing you can change therein.

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The only thing I can see it being of use from is if you move from one ecosystem to another and forgot to remove your card

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Paywalled, so…

Anne Boden, the outspoken founder of Starling, the digital bank, has stepped down from the board to focus on developing a new artificial intelligence business.

The Welsh-born entrepreneur founded the app-based bank ten years ago and stunned the City when she stepped down as chief executive last year. She had remained on the board as director until the end of June, when she quit entirely.

Boden, 64, declined to comment on her plans but remains a shareholder in the bank with a stake believed to be just under 5 per cent.

She appears to be working on developing an AI business through a company called AI By Boden which was created at Companies House last year when she renamed a previously registered company. She has also written two books, one which chronicles setting up the bank and more recently on women entrepreneurs.

A computer scientist by background, Boden had a 30-year career in the banking sector, working at major institutions such as Royal Bank of Scotland and Allied Irish Bank, before having the idea for a digital-only bank in 2014.

Her departure will add to intrigue around the bank which has harboured plans for a stock market flotation, although the timing of this is unclear given that her permanent successor, Raman Bhatia, arrived only last month from the energy business OVO.

The firm was valued at £2.5 billion in 2022, although one its largest investors, Chrysalis, has said it could be worth £10 billion in the future.

Starling made a profit of £301 million in the year to March, up 55 per cent on a year earlier and is seeking growth by selling its IT expertise to other banks through its Engine operation.

The bank declined to comment but in its annual report said that Boden wanted to “focus on her other interests”. It said she would “remain a key shareholder who is closely engaged with Starling’s plans” and that her role in “Starling’s success to date cannot be overstated”.

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Looks like we’re finally getting a new home screen after all. I’ll hold my judgement, until it’s rolled out fully.

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I saw this last night. I think I’m in the minority of people who actually like the existing home screen design! The new one doesn’t look bad though.

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Given Starling’s development profile over the years, this seems like a major deal. From what little I’ve seen, the updated style will definitely align them with the mainstream.

I’m kinda used to the current setup - to be frank I have no hankerings for anything different, but hey ho.

Edit: Now that I’ve got it, and despite all the hoo ha over the years about the Home Screen…… without it - there’s something missing ! :flushed:

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I have the new look in my app now. It wastes a little less space on the Home Screen I guess, but I’ll miss the old pie chart.

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Mine has also updated, but I had to switch accounts for it to first appear. It does seem more condensed, which is nice, no more swiping up for transactions (didn’t it used to be this way before?)

No change to mine :man_shrugging:

It did indeed. Just tried switching accounts on mine (between personal account and Euro account) but it hasn’t induced the new layout to appear…

Mine hasn’t changed as yet. I thought that might be due to the paltry amount in the account. It seems maybe not. R-

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A post was merged into an existing topic: Starling Bank fined £29m for ‘failings’ in their financial crime systems and controls