Starling Bank raises £75m for international expansion

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Leading digital banking platform, Starling Bank raised £75 million in a Series C funding round led by Merian Global Investors.

With the new funding, the digital banking platform is looking to accelerate its global expansion, starting in Europe.

Anne Boden, founder, and chief executive of Starling Bank, said: “Our ambition is to use our technology to build a next-generation global, digital banking platform, starting with our launch across Europe this year. We look forward to the support of the Merian Chrysalis team as we deliver the Starling product to a global audience.”

Nick Williamson, Merian Chrysalis co-portfolio manager, said: “The Starling team has developed a highly impressive and efficient platform, which we believe positions it well to continue to take share in core banking markets, as well as the ability to offer innovative new services in the future.”

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