Starling Bank and Innovate Finance take space at Broadgate’s 2FA

By James Buckley - Tuesday, September 12, 2017 10:06

Starling Bank, the first mobile-only challenger bank to launch a current account, and Innovate Finance, the UK membership association for the global FinTech community, have agreed to take space at Broadgate’s British Land and GIC’s 2 Finsbury Avenue.

Starling Bank will take 14,500 sq ft on the third floor of the building and Innovate Finance will take 1,600 sq ft on the seventh floor, bringing the building to 98% occupancy.

Other recent lettings at 2FA include Kingfisher, whose digital team has taken space with British Land’s flexible workspace brand, Storey. Theatre Delicatessen, a charitable organisation which focuses on supporting emerging theatre makers, opened at 2FA in July and delivers a new cultural angle to Broadgate.

The lettings demonstrate the appeal of Broadgate to growth sectors, particularly FinTech, for which London is a well-established hub of talent, energy and ideas.

The lettings today preserve optionality on this building, enabling the progression of plans when the time is right.  

David Lockyer, Head of Broadgate, British Land, said: “Starling Bank has blazed a trail as one of the UK’s most dynamic challenger banks whilst Innovate Finance has championed the UK FinTech community globally, helping to cement London’s place as the world’s FinTech capital.

“Their decision to take space at Broadgate illustrates just how successfully the campus is establishing a reputation as a centre of FinTech excellence, and is a great example of the how the campus is appealing to growth sectors. Our long term plans will see Broadgate evolve into a vibrant and mixed-use neighbourhood for London; expanding the occupier mix is an important step in that journey.” 

Anne Boden, CEO & Founder of Starling Bank, added: “Broadgate is a special place for me – I remember first working here in the 80s and 90s. Sitting on the cusp of the City and Shoreditch, it has always been vibrant and a real attraction for talent.

“Now, initiatives like British Land’s 2FA are luring smart, innovative companies together and developing a fantastic community. They are building on that history, on the crossover between finance, technology, and creative sectors with exciting results. London is, and can remain the fintech capital of the world, but to do so it needs more spaces like this where diverse ideas and talent feel welcome and can flourish.”

Charlotte Cresswell, CEO, Innovate Finance, added: “Broadgate’s location, on the doorsteps of both Shoreditch and the City, will enable Innovate Finance to support its growing membership base in the area, which includes many startups, technology companies and major banks. It will also bring us closer to our community partners and benefactors, particularly the City of London, who are keen to work together to help build expand London’s dynamic FinTech cluster.

“We are looking forward to making the most of our space and creating a network in the area. This includes strengthening the links and interface between the neighbouring tech and creative communities that are playing vital roles in shaping the success of UK's FinTech sector- from the team at Google in King's Cross to the app developers and coders in Shoreditch and Silicon Roundabout.”

jbuckley@costar.co.uk

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