UK mobile only bank, Starling, launched their much awaited feed to Xero for business accounts. Starling has an incredibly good mobile app that makes opening a business bank account super easy, it takes literally minutes. The huge advantage for small businesses (those who turn over less than £1.7m and have fewer than 10 employees) is the absence of any banking fees and FSCS protection up to £85k (some criteria applies, see Starling’s site), however, the missing piece of the jigsaw was feeding all those transactions into Xero for super easy bookkeeping.
We can imagine a wave of business customers heading Starling’s way now the jigsaw is complete. Why pay high street bank fees when you can bank 100% from your mobile and feed into Xero?
It’s great to see Starling have made it really easy to hook up to Xero. There are no forms, no waiting, no monthly fee, just login to your Starling mobile app, head to the marketplace, tap on Xero and follow the onscreen instructions. As easy as that. Thank you Starling.
(image use courtesy of www.starlingbank.com)