Starling Bank is a digital, mobile-only challenger bank, operating current accounts, business banking, and a payments service scheme for merchants.
Starling Bank's app helps people take the stress out of money by letting them visualise and manage their finances in real time, all from one app.
Starling Bank was founded in January 2014 by Anne Boden. The company is headquartered in London, UK.
Starling provides personal and business accounts, along with B2B banking and payments services through its banking-as-a-service model.
Starling also created Starling Marketplace, which gives you access to a wide range of services and products from third party providers. Plus, with a MasterCard Contactless Debit Card, Apple Pay, Google Pay, Samsung Pay, FitBit Pay and Garmin Pay, you can pay your way.
Starling Bank has now passed 2 million accounts, with 300,000 business accounts among them. The company's gross lending has passed £2 billion, with deposits at £5.4 billion.
Starling is backed by Fidelity Management & Research Company, Qatar Investment Authority, Goldman Sachs, Railpen, Millennium Management, Merian Global Investors, JTC, and others. The company raised £130.5M in new financing on Apr 26, 2022. This brings Starling's total funding to $1.1B to date. The latest round pushed the company's valuation to more than £2.5B pre-money. Starling was previously vaued at £1.372B from a funding raised in Mar 2021.