Fintech

Goldman Sachs plugs £50m into British challenger Starling Bank

Goldman said the digital bank presents ‘sustainable long-term earnings potential’

CEO of online bank Starling, Anne Boden. Goldman Sachs said the digital bank presents ‘sustainable long-term earnings potential’
CEO of online bank Starling, Anne Boden. Goldman Sachs said the digital bank presents ‘sustainable long-term earnings potential’ Photo: Eric Piermont/Getty Images

Fintech firm Starling Bank has closed a £50m investment by the growth equity arm of Goldman Sachs, adding to its £272m series D raise last month.

The US investment bank joins Starling’s other major backers, including asset management firm Fidelity, the Qatar Investment Authority, pensions manager RPMI Railpen and Millennium Management.

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