LONDON — UK-based digital lender Starling Bank has secured its first North American banking client through a landmark 10-year agreement with Tangerine Bank, a Canadian digital bank owned by Bank of Nova Scotia. The deal marks a major milestone in Starling’s international growth strategy and will be supported by over 100 new hires.
Deal Highlights
Software Platform: Tangerine will migrate its digital banking operations to Engine by Starling, a cloud-based Software-as-a-Service (SaaS) platform.
Scope: The agreement is Starling’s largest software deal to date, underscoring its ambition to become a global banking technology provider.
Expansion Footprint: Engine has recently opened offices in Toronto and New York, reinforcing its North American presence.
“This partnership is a testament to the strength of our technology and our ability to support banks globally,” said a Starling spokesperson.
Hiring Plans
Starling will recruit over 100 new employees to support the Tangerine rollout and broader international operations.
Roles will span engineering, product development, and client services, with a focus on scaling Engine’s capabilities.
Strategic Context
Engine by Starling was spun off as a separate entity in 2022 to license Starling’s core banking technology to other financial institutions.
The Tangerine deal reflects growing demand for modern, cloud-native banking platforms as legacy banks seek digital transformation.
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