Starling bags £130.5 million
Starling Bank has raised £130.5m from its existing investor base, as it looks to build a “war chest” for acquisitions.
The challenger bank said that the £130.5m fundraise, announced today, gives Starling a pre-money valuation of more than £2.5bn.
“This will enable us to continue our growth and to build a war chest for acquisitions. We are looking at a number of potential targets,” a spokesperson said.