JTC Group-backed mobile financial services provider Starling Bank has reached a unicorn valuation with a $377m series D round led by Fidelity.
Starling Bank, the UK-based digital bank backed by financial, real estate and consulting services provider JTC Group, received £272m ($377m) in series D funding yesterday.
The round was led by investment and financial services group Fidelity and included RPMI Railpen, the investment manager of the UK Railways Pension Scheme, as well as sovereign wealth fund Qatar Investment Authority and investment firm Millennium Management.
The round valued Starling at $1.53bn pre-money according to the company. It remains subject to regulatory approval…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
