To ensure it can trade with the EU, Starling Bank is gearing up to launch in Dublin just as the UK rushes towards Brexit.
The UK will officially leave the EU on January 31. The next few weeks will see MPs in the House of Commons work towards ratifying prime minister Boris Johnson’s Brexit deal.
While experts have raised concerns about Britain’s ability to remain a FinTech leader after the EU exodus, other have moved to prepare for Brexit.
One of those that have is Anne Boden, founder of Starling Bank, the challenger bank. The fledging bank is currently moving towards opening a new office in Dublin.
As part of the preparations, Starling Bank has recently been on a hiring spree, predominantly hiring professionals from the Irish lender AIB, which Boden used to work for, according to The Times.
That comes on the back of Starling Bank submitting an application to get a full banking licence with the Central Bank of Ireland in March 2019, the Irish Times reported at the time.
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