10-02-2020 13:08 via feedproxy.google.com

Starling Bank raises another £60M from existing backers

Starling Bank, the U.K.-based challenger bank founded by banking veteran Anne Boden, has raised another £60 million from its existing investors Merian Global Investors and Harry McPike’s JTC.
The investment brings the total raised by Starling to £323 million and follows two funding rounds of £105 million in aggregate led by Merian in 2019.
Boden told the FT that the bank’s two main backers — who own the majority of shares — are committed to further
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