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Starling Bank Raises an Additional £40m in Funding

Starling Bank Raises an Additional £40m in Funding

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EuropeFintechNews Roundup
··1 min read

Leading UK digital bank Starling Bank has raised an additional £40m in funding, this is in additional to the £60m they raised in February; Starling now has 1.4 million accounts including 155,000 business accounts; the round was led by existing backers Harry McPike’s JTC and Merian Chrysalis Investment Company Limited; Starling is one of the few UK digital banks focused on small business, since launching SME accounts in 2018 they have amassed almost £500m of SME lending on their balance sheet and they claim to have a 2.6% share of the UK SME banking market; the new funding will allow Starling to continue to invest in growth and to provide “much-needed support to small business customers who have been hit by the coronavirus emergency.” TechCrunch

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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