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Starling Bank Looking for Additional Capital with BCR Grants

Starling Bank Looking for Additional Capital with BCR Grants

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EuropeFintech
··1 min read

Starling Bank has already raised £100mn this year and is eyeing an additional round of capital through the Banking Competition Remedies (BCR); the fintech can receive one of the two grants, either £35mn and £25mn; Anne Boden, CEO and Founder of Starling Bank, told Yahoo Finance: “We are doing well and therefore we believe it’s in the interest of competition in the UK for us to be given an additional grant of £35mn in order for us to be competitive in new sectors of SMEs.”; the company said the funds will be used to build on their small business offering. AltFi.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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