Starling Bank has announced the launch of its fourth UK office which will bring nearly 1,000 new jobs to Manchester.
Currently, the open positions are in cyber security, operations, software engineering, data science, and customer service.
The digital challenger bank has already started recruiting in the region.
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CEO and founder Anne Boden said: “What better place to set-up shop than in Manchester?
“As the world’s first industrial city, with three brilliant universities on its doorstep and a thriving technology scene, there was never any doubt that Manchester would house our first step into the North.”
Despite a slump in the financial sector which has led to job cuts, the London-based bank reported its first full year of profitability.
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The digital bank had outstanding growth this year, making a breakthrough of three million accounts.
It has also rolled out a software-as-a-service offering called Engine by Starling.
The company picked Manchester for its fifth base since it has a large labor pool with top talent with access to stand-out graduates from three universities.
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The city is home to £5 billion digital ecosystem and is better known as UK’s “top digital tech city.”
It also has a record of having the fastest-growing start-ups and tech giants.
The Manchester office will begin operating from the first half of 2023, backing the lender’s continued growth.
Starling aims to develop industry-disrupting banking technology for its personal and business account customers.
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It currently has four offices in London, Cardiff, Southampton, and Dublin, employing over 2,000 employees.
CPO Susanna Yallop said: “We’ve expanded our headcount by 20 percent this year and only continue to grow.
“Our sights are now firmly set on Manchester, where we can draw from its potential workforce of more than seven million, allowing us to grow our headcount even further with some of the North’s finest talent.”
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