Starling Bank raises another £60M from existing backers

Starling Bank Raises £60M in Funding

Starling Bank, a UK-based challenger bank, has raised an additional £60 million from existing investors Merian Global Investors and Harry McPike's JTC. This brings the total raised by Starling to £323 million. The bank, founded by Anne Boden, has opened 1.25 million accounts and holds over £1.25 billion in deposits. The new funding will support Starling's expansion plans, including a European launch.

Starling Bank Secures £60 Million to Fuel Expansion Plans

Starling Bank is a U.K.-based challenger bank founded by banking veteran Anne Boden. It offers consumer and business banking services through its mobile app and has opened 1.25 million accounts since its launch in May 2017. The bank has raised a total of £323 million in funding and employs 800 people across offices in London, Southampton, Cardiff, and Dublin.

U.K.-based challenger bank offering consumer and business banking services.

5 years ago

Starling Bank Secures £60 Million to Fuel Expansion Plans

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