Introducing Starboard Card: Revolutionizing Onboard Financial Management for Superyachts

Starboard Card, launching late 2024, is an innovative and user-friendly financial management solution tailored specifically for superyacht owners, captains, and yacht managers worldwide.

Starboard was founded by Dan Lane, a tech entrepreneur with a passion for sailing and a keen understanding of the unique challenges of onboard financial management. Lane has brought together a team of experts in both finance and yachting with the mission of transforming how expenses are managed on superyachts.

At the core of Starboard Card are three powerful tools: the Visa Infinite Debit Card, dynamic multi-currency accounts, and specialized yachting-specific accounting software. Together, they provide a seamless and efficient way to manage expenses onboard.

The Visa Infinite Debit Card allows crew members access to required funds, while account holders maintain full control, and can monitor spending in real-time. Starboard Card accounts are tailored for the yachting industry, offering e-money accounts in GBP, EUR, and USD, with access to major payment networks, including SWIFT, SEPA, and Faster Payments, ensuring smooth and prompt international transactions.

Enhanced card, web, and mobile app services will be available, offering real-time accounting functionalities with the Visa Infinite Debit Card. Users can effortlessly track money transfers, manage virtual cards, create customizable reports, approve quotes, and generate separate Advance Provisioning Allowances (APAs). Additionally, features such as the ability to freeze or deactivate lost or stolen cards, query suspicious transactions, and quickly upload receipts add an extra layer of security and convenience. Even when offline, users can continue updating files, with transactions and approvals automatically syncing once back online.

The APA Management System will easily compile reports and budget outlines for various scenarios, including end-of-charter reconciliations, cost overviews for upcoming refits, or new-build projects. Additionally, the data will be exportable in a variety of formats.

Starboard Card’s global support team is available 24/7, offering a personalized touch to every interaction. Each client is paired with a dedicated relationship manager who specializes in yacht accounting, ensuring a high level of service and regular check-ins to continuously refine and adapt to client needs.

Find out more about Starboard Card by visiting starboardcard.com.