The new HQ, at 199 Bishopsgate, will support more than 300 engineering, delivery and client services experts once the team is fully grown.
The move follows Engine’s signing of its biggest deal to date; a ten-year agreement to help Tangerine Bank in Canada upgrade its core banking infrastructure. Engine also powers AMP Bank GO in Australia and Salt Bank in Romania, and has opened international offices in Sydney, Dubai, Toronto and New York.
Sam Everington, CEO of Engine by Starling, comments: “Thanks to our global footprint, Engine is well on track to scale into a business generating £100m of annual recurring revenue. London sits at the heart of our operations, and is where our proprietary tech stack was built. It therefore makes perfect sense to expand our headcount and launch our new HQ in the City.”
Engine previously shared the Starling Group’s HQ at the Fruit and Wool Exchange in Spitalfields, where the company acquired more space in November as it continues to grow its engineering and data science teams.
Says Everington: “While we now live in separate offices, Starling Bank remains a critical case study for what Engine’s technology platform can do. The bank’s innovation, particularly when it comes to AI, is driving significant interest for Engine worldwide.”