7 years ago

Starling Bank Raises £75 Million for European Expansion

  • Starling Bank, a British mobile-only bank, has raised £75 million in further funding

  • The new capital will be used to support increased investment in the bank's financial products in retail and SME banking as well as banking services

  • This will include ramping up international expansion, starting with Europe

  • Starling Bank now has 460,000 personal current accounts and 30,000 SME accounts and expects to hit one million customers by the end of 2019.

      • ProblemFinancial Services

      "People are looking for a better and more convenient banking experience. The current banking system is slow, inefficient, and often difficult to use."

      Solution

      "Starling Bank is a digital bank that offers a variety of financial products and services, including current accounts, business accounts, and banking-as-a-service. It's built on a modern, efficient platform that is designed to be easy to use and accessible to everyone. "

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