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Fintech
Starling Group to upgrade Tangerine software in 10-year deal
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Heartspace News Desk
•Source: Reuters
Photo by KOBU Agency on Unsplash
TL;DR
TL;DR: Starling Group secured a 10-year deal with Tangerine, owned by Bank of Nova Scotia, enabling Tangerine to migrate its digital banking to Starling's Engine platform. This deal marks Engine's first venture into the North American market, prompting the company to hire over 100 new employees.
Key takeaways
- Starling Group has secured a significant 10-year agreement with Tangerine, the digital bank owned by Bank of Nova Scotia, as reported by Reuters
- Under the terms of the agreement, Tangerine will migrate its digital banking operations to Engine by Starling, the British bank's Software-as-a-Service platform
- This partnership represents Engine's inaugural entry into the North American market
Starling Group has secured a significant 10-year agreement with Tangerine, the digital bank owned by Bank of Nova Scotia, as reported by Reuters.
Under the terms of the agreement, Tangerine will migrate its digital banking operations to Engine by Starling, the British bank's Software-as-a-Service platform. This partnership represents Engine's inaugural entry into the North American market.
To accommodate its global expansion initiatives, Engine plans to expand its workforce by hiring over 100 new employees.
Related Topics
fintechStarling GroupTangerineBank of Nova Scotiasoftware upgradedigital banking
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