Jupiter to sell Starling Bank stake at 40% discount
Jupiter holds 7 per cent of Starling’s equity and is, according to Sky News, set to agree to a price of c.£100m in a deal set to close in a matter of weeks.
The sale price represents a valuation cut of 40 per cent on Starling’s last funding round in March of 2022 when it raised £130m from investors at a valuation of £2.5bn.
