Digital challenger bank Starling Bank has grown its market share in the SME banking space to 7.5% in just four years.
The mobile-only bank has increased its share of the number of SME accounts in the market reaching half that of mainstream rival, Barclays.
“We’ve had some big successes recently, we now have 7.5% market share of the SME market in the UK and we’ve done that in just four years,” said chief executive of Starling and Swansea-born Anne Boden, who founded the bank in 2014.