3 years ago

Starling Bank Secures £130.5 Million to Fuel Acquisition Strategy

  • Starling Bank, a UK-based challenger bank, has raised £130.5 million in a Series E funding round, bringing its valuation to over £2.5 billion

  • The funding will be used to fuel the bank's acquisition strategy, with a particular focus on the lending space

  • Starling Bank has been profitable since October 2020 and saw its revenues increase by 600% last year.

      • ProblemFinancial Services

      "Acquiring other lending companies to expand its operations and offerings"

      Solution

      "Building a war chest for acquisitions to grow its business and increase market share"

      Covered on