Tangerine Bank and Engine by Starling sign agreement to provide next generation banking for millions of Canadians

Torys acted as counsel to Scotiabank with a team led by Ebad Rahman and Michael Amm and that included Sairam Sanathkumar, Aaron Good and Justin Crawford (corporate/commercial contracting), Nic Wall (privacy and data governance), Blair Keefe and Eli Monas (financial services regulatory), Ed Fan (IP) and Richard Johnson (tax).

On November 4, 2025, Tangerine Bank, a wholly owned subsidiary of Scotiabank, and Engine by Starling announced an agreement to deliver a next-generation digital banking platform for more than 2 million Tangerine clients in Canada.

Under the terms of the 10-year agreement, Tangerine will upgrade its core digital banking system to Engine's cloud-native banking platform. With Engine's SaaS platform, Tangerine's clients will experience best in class digital onboarding, chequing accounts, instant access savings, overdrafts, debit cards and smart money management features such as card controls and spending insights, delivered through an intuitive mobile app. Behind the scenes, Engine's end-to-end platform will provide a simplified account view and consolidate the capabilities and support tools Tangerine needs to reduce operational cost and complexity for employees.

Further information can be found on Canada Newswire’s website.

Tangerine is one of Canada's leading digital banks, empowering over two million clients to reach their goals and move their finances forward. Known for a simple-to-use digital and mobile experience, Tangerine offers everyday banking products without any complicated hoops to jump through.

Part of the Starling Group, Engine by Starling is a SaaS technology provider with the goal of bringing its modern banking platform to banks around the world. The platform, built to power Starling in the UK, is modular, API-based, cloud-native and a proven technology at scale.