UK challenger bank Starling has partnered with Sparqa Legal which sees the firm become the digital bank’s first legal partner for its business account holders.
The deal grants its 88,000 strong usership access to business advisory services. Sparqa Legal has been designed by UK barristers and solicitors to provide the help and guidance needed by businesses to cut costs by reducing reliance on traditional forms of obtaining legal services.
Starling CEO and founder, Anne Boden, commented: “It’s important that businesses safely navigate themselves through the legal obligations relevant to them and their specific industries.
“But increasingly businesses are looking to technology to help them solve old problems in new, innovative and cost-effective ways, which is why Sparqa Legal is a very welcome addition to the Starling Marketplace.”
As a result of the partnership, users will now be able to create and customise personal legal contracts, policies and documents, whilst also having access to day-to-day legal guidance regarding issues that will aid their understanding of the law and their obligations.
Moreover, Starling business account holders will have access to 350 pre-designed templates and can sign up to Sparqa Legal via the Starling Marketplace on its mobile app.
Sparqa Legal is also suited to working on employment contracts, commercial agreements, trademark applications, data protection and documents covering both health and safety.
Andrew Thornton, CEO of Sparqa Legal and a barrister at Erskine Chambers, added: “At Sparqa Legal, we passionately believe that, armed with the right tools and resources, smart business managers can produce many of the simple legal documents they require. They can also find out about their rights, obligations and the best course to take.”
Sparqa now becomes the tenth partner to enter the Starling Business Marketplace, joining the likes of Xero, FreeAgent, Digital Risks, CyberSmart, Tail, Flux, Nimbla, so sure, and Anorak.