4 years ago
Starling Bank Secures £272 Million Series D Funding, Achieving Unicorn Status
Starling Bank, a UK-based digital challenger bank, has raised £272 million in a Series D funding round led by Fidelity Management & Research Company
The investment values the company at £1.1 billion pre-money
Starling Bank will use the funding to support its continued growth, including expanding its lending operations in the UK and launching in Europe.
ProblemFinancial Services
"Traditional banks are slow, expensive, and don't offer the flexibility that modern customers need."
Solution
"Starling Bank is a digital bank that offers a fairer, smarter, and more human alternative to traditional banks. It provides a range of banking services, including current accounts, savings accounts, loans, and mortgages, all through a mobile app. Starling Bank is also committed to providing excellent customer service and is constantly innovating to improve its products and services."
