What does a B.Sc. in Computer Science and Chemistry do after a 33-year career in banks?
Whatever she wants. Which in the case of Anne Boden MBE is changing banking for good.
Starting in 1981, across 3 decades, Anne held a series of leadership roles in several European banks.
In 2014 she founded Possible Financial Services, aware of the potential for digital technology to revolutionise banking. In 2015 Tom Blomfield, her business partner, left the startup and all the directors with him. In 2016 the company rebranded as Starling and obtained a banking license.
4 years later, in the midst of the world pandemic, Anne shared with the world that Starling’s revenues grew fourfold in the previous 12 months, reaching breakeven (Starling Bank).
It looks like the open banking paladin made it.
THE TAKEAWAY
About her choice of becoming a fintech entrepreneur: “Fintech start-ups are all young white guys with goatees – usually with rich parents. People did think I was crazy, that no one ‘starts a bank’, especially people who looked like me, but I’d reached the stage where I was prepared to fail. I was 54 and confident enough not to care if somebody said I was stupid.”
|