Press
LONDON: 12 December 2024
Engine by Starling, the Software-as-a-Service (SaaS) subsidiary of Starling Bank, has won the “Best Use of Tech in Retail Banking” for its collaboration with Romania’s first digital bank Salt Bank and GFT.
The prize was awarded at the prestigious Banking Tech Awards, which celebrates excellence and innovation in financial services globally.
Launched in April 2024, Salt Bank is now servicing over 300,000 customers after leveraging Engine’s cloud-native technology platform to build the bank in under 12 months. By collaborating with Engine and GFT, Salt was able to address a gap in the Romanian market for a digital-first bank built for the needs of Romanian customers. The project was recognised for Salt’s ability to offer a rich set of digital products and features for customers and achieve streamlined operations and back office capabilities thanks to the Engine platform. Salt has ambitions to reach over 1 million customers in the next 2 years.
Engine and Salt were also successful at the IBSi Global FinTech Innovation Awards in November, winning the “Most Innovative Cloud Deployment - Most Impactful Project” award.
These awards recognise the effectiveness of Engine’s technology, and its ability to partner with banks and key implementation partners to meet client transformation objectives.
Sam Everington, CEO of Engine by Starling, commented: “These awards reflect what’s possible when you have a clear vision for delivering for customers. Salt is a fantastic success story, and mirrors the vision we had at Starling, to get better digital banking services into people’s hands. When embarking on programmes like this, working with the right partners like GFT is essential. We’re proud to have proven our approach and together achieved such remarkable results.”
Engine by Starling is a SaaS technology provider with the goal of bringing its modern banking platform to banks around the world. The Engine platform, built to power Starling Bank in the UK, is modular, API-based, cloud-native and a proven technology at scale.
For further information about Engine by Starling, please visit: enginebystarling.com/about-us/
Contacts:
Engine by Starling
Email: media@enginebystarling.com