FF News Logo
Friday, August 07, 2026

Breaking News

Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation CLS Appoints Six New Board Directors Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World SumUp Launches in Canada European Fintech Association Elects New Board of Directors G+D: Navigating the Future of Fintech Agility and Innovation Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support FreeAgent Launches New AI Tool for Landlords to Capture Rental Statements EXCLUSIVE: “Keeping The Rubber on Track” – Nick Kerigan, Swift in ‘The Fintech Magazine’ Megadeals Are Back. Here’s Why J-P Conte Thinks Patient Capital Still Wins. A New Way to Get Paid: Modulr Adds cVRP to Its Collections Hub DIFC Future of Finance Report: Digital Native, AI Driven Challenger Banks Redefining Banking Models, Signalling Industry’s Biggest Shift Since 2008 UK Financial Institutions Look to Decade of AI-Driven Growth as Confidence Strengthens LUMIQ Raises Strategic Funding to Become the AI Decision Layer for Financial Services easypaisa and Binance Sign MoU to Explore Emerging Financial Technology Growth in Pakistan

April 27 2022

Starling raises £130.5 million at £2.5 billion valuation

Share this post:

Share on LinkedIn Share on WhatsApp

Fundraise of £130.5m which was announced yesterday, gives Starling a pre-money valuation of more than £2.5bn.

Read also: N26 terminated numerous accounts without notice

Funds came from all of Starling’s previous backers, including Goldman Sachs Growth Equity and the Qatar Investment Authority.

Existing investors who participated in the round also include Starling’s biggest backer Harald McPike, the Bahamas-based media-shy investor who is thought to own just under 40 percent of Starling.

“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 Starling spokesperson said.

[mc4wp_form id=”2736″]

Starling did not reveal any further details about possible acquisition targets. It likely has about £400m in surplus capital on its balance sheet that could be used for acquisitions.

However, a source told UKTN that Starling is looking at targets in the lending space. Starling has previously been linked with mortgage lender Kensington, with the challenger bank reportedly in a bidding war with high street bank Barclays.

Starling has previously acquired UK-based buy-to-let mortgage lender Fleet Mortgages in a £50m cash and stock deal.

March last year, Starling managed to raise £272m in a funding round. This has given it a valuation of £1.1bn and elevated it to unicorn status.

  1. Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation

    Banking Transformation Summit 2026

     Read more
  2. CLS Appoints Six New Board Directors

    Hiring

     Read more
  3. Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World

    Fintech

     Read more
  4. SumUp Launches in Canada

    News

     Read more
  5. European Fintech Association Elects New Board of Directors

    Hiring

     Read more