Barclays PLC hired a key executive from U.K.-based digital lender Starling Bank Ltd., Techcrunch reported Dec. 17.
Megan Caywood played a prominent role in designing and launching Starling Marketplace, a digital marketplace of third-party financial services available through Starling Bank's app. At Barclays, she will be head of consumer strategy, a spokesperson for the bank told the news outlet.
Her role is expected to be international, while a source familiar with her thinking said Caywood opted to move because of the broader opportunities offered by working for a major lender relative to a startup. Caywood declined to comment to Techcrunch, but later tweeted a link to the article and confirmed that she would join Barclays in 2019.