Starling to raise £80 million 🤗


#1

Seriously exciting news for Starling Bank!! Cannot wait to see how everything goes for them. Do you think they’re going to raise over the £80 million? @Layla I feel like this is something of interest to you?


#2

It’s interesting that since setting out to raise £40m last year they’ve actually not announced the progress of that round - I can only assume it’s going well as they set to push for more. The stories around their RBS Innovation Fund seem a little ‘inflated’ - how someone can be so sure that they’re up there to win the £120m pot, when they’re up against some pretty stiff incumbent opposition I’m not entirely sure? :thinking:

On the other hand - if they win, and get this round closed off, we’re looking at £200m for Starling to play with come the end of the year, perhaps they’re setting themselves up to give Revolut a run for their money overseas! Tbh… with the right funding behind them, I’d back them! Time will tell…


#3

Yes, super exciting news for Starling! Very happy for them and will be a really interesting 12 months as the continue to grow out their fantastic product set