British digital bank Starling is planning its first expansion outside of Europe, targeting a move into Asia-Pacific, CNBC has learned.
However, Drewett said the bank Starling is partnering would use the company's software to launch small and medium-sized enterprise (SME) accounts, rather than to provide personal banking services.
"It's a different proof point for us: one in Europe, one in Asia-Pacific," Drewett told CNBC in an interview Thursday.
Engine is a technology platform that Starling launched in March 2022 and licenses out to other financial technology firms and large banks.
Starling is using its Engine core banking platform as a launchpad for international expansion.
Persons:
Goldman Sachs, Nick Drewett, Starling, Drewett, Anne Boden, Boden, Statista
Organizations:
CNBC, Qatar Investment Partners, Fidelity Management, Research Company
Locations:
Europe, Asia, Pacific, Irish, U.K, Qatar