British fintech business, Starling Bank, recently announced the launch of a new digital banking Toolkit as well as a US dollar account. The new tools were launched in an effort to help British entrepreneurs with small or medium-sized businesses manage their finances as economies slowly start to reopen.
The new account allows business owners to spend directly in pounds and dollars with a single debit card, create, send and track invoices, automate expenses, record VAT, and connect with HMRC to submit VAT returns. Moreover, the account enables customers to upload bills and schedule payments to manage cash flow.
To help businesses with their post-COVID recovery, Starling Bank announced Toolkit will be free for the first three months for customers who sign up before July 31, 2020.
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