Every time customer recommends Starling to someone and that person becomes a new Starling customer through the referral journey, Starling’ll plant a tree as a thank you.

British challenger Starling Bank is set to launch the Kite debit card, which is dedicated to being used by children up to the age of 16.

Starling bank recently announced that it generated £6.7 million for the month of July 2020, meaning that it could make annual revenue of £80m.

Revolut managed to raise $80 million from TSG Consumer Partners while Monzo bank’s losses jumped from £47.2m to £113.8m. CFTE has done a research among its employees to see if challenger banks stand a chance to ever replace the incumbent banks so customers use them as their primary account.