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British Digital Bank Starling Raises $376M in Investment Round Led by Fidelity


British Digital Bank Starling Raises $376M in Investment Round Led by Fidelity
Mar 9 2021 · 09:35 UTC | Updated
Mar 9 2021 · 09:36
by Ibukun Ogundare · 3 min read
Photo: Shutterstock
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Starling revealed its plans for using the raised funds. The digital bank plan to expand its business into Europe.
UK-based digital bank Starling has raised $376 million in a recently-concluded investment round led by financial services company Fidelity Investments. Now, the new cash investment has pushed Starling’s valuation to $1.5 billion.
According to a CNBC report, Starling is now lifted into the ranks of Europe’s unicorn companies with its new valuation, fueled by the fresh cash injection. ....

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