Starling Bank has launched its latest API partnership with Yoyo Wallet, the UK-based mobile payment and loyalty platform.
The partnership will enable cardholders to link their Starling bank account to their Yoyo Wallet. By doing this, the cardholders can automatically receive retailer loyalty points when paying at certain high street stores.
Yoyo uses Starling’s open API platform to allow customers to scan their card and start collecting loyalty points when they pay with Starling.
Starling CEO Anne Boden said: “Together, Starling and Yoyo can demonstrate to the industry the importance of Open Banking that puts customers first.
“We are excited to be leading the changes in the industry ahead of the incoming regulations in the UK and Europe in 2018. The past four months have seen us launch our Marketplace and partner with such an array of innovators in fintech.
“Our partnership with Yoyo only serves to reinforce our core vision to empower consumers, reward our customers, and reduce the day-to-day burdens of personal finance.”
Starling Bank has similar partnerships with money management app Yolt, digital receipt startup Flux, FitBit Pay, Transferwise, Moneybox, Houndify and Tail.