Daily News

Starling Bank Joins the 2026 FinTech Job Cuts Wave

Hey Digital Banking fanatic!

The wave of job cuts is still going… following FinTechs like PayPal, Coinbase, Block, and BitGo in H1 2026, it seems H2 2026 won’t be any different.

Now it’s affecting a major UK digital bank: Starling Bank.

Despite delivering its 5th consecutive year of profitability, revenue was down 5.6%, and now Starling is adjusting.

The bank is removing what it calls duplicate roles across its banking and technology teams as it reorganises to simplify operations and ship products faster.

In addition to the revenue decline, the bank points other two reasons for the job cuts:

Several major projects are wrapping up
More AI across the business

Will it work? Who knows? Unfortunately, I don’t have a crystal ball...

By the way, if you’d like to take a look at Starling’s latest financial results, I put together an analysis a while back.

See what else is shaping Digital Banking. 👇 See you tomorrow!

Cheers,

Marcel

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