Sky News has learnt that Starling Bank told its 2000 employees on Monday that it had ended a four-year process aimed at launching a retail bank in Ireland
The company now has more than 3m customer accounts, including nearly 500,000 with SMEs.
People close to Starling said it was more likely to pursue the acquisition of a European bank to obtain a licence than apply for a licence in each new market, which can often be a protracted process.
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