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Goldman Sachs invests $69 million in British digital bank Starling

April 19, 2021

Via: CNBC

LONDON — British digital bank Starling has raised £50 million ($69 million) in funding from Goldman Sachs’ growth equity investment arm.

The fresh cash comes on top of a £272 million investment round Starling announced last month that valued the online lender at £1.1 billion. The deal with Goldman is still subject to regulatory approval.

“Securing the support of another global financial heavyweight demonstrates the strength of demand from investors and represents yet another vote of confidence in Starling,” said Starling CEO and founder Anne Boden.

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