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Goldman-backed Starling says no plans to pursue EU bank license, expansion to come from software - TL;DR CNBC

Goldman-backed Starling says no plans to pursue EU bank license, expansion to come from software

Publishing timestamp: 2024-06-05 03:08:38


Summary

Starling will not re-apply for EU banking license and will focus on international expansion through its software business Engine, selling technology to other companies to set up their own digital banks. CEO outlined plans for international growth at Money 2020 conference.


Sentiment: NEUTRAL

Tickers: GS

Keywords: goldman sachs group inctechnologybusiness newsamsterdambanks

Source: https://www.cnbc.com/2024/06/05/starling-says-no-plans-to-pursue-eu-bank-license-focus-on-engine.html


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