Goldman Sachs Growth Equity is set to provide the fresh funding, which would pull the digital banking platform’s series D round towards the $450m mark.
Starling Bank, a UK-based mobile bank backed by corporate investor JTC Group, has agreed £50m ($70m) in series D funding from investment banking firm Goldman Sachs’ Growth Equity subsidiary.
The investment is pending regulatory approval, and it represents an extension to the $377m series D funding disclosed by Starling last month. The round was led by investment and financial services group Fidelity and backed by RPMI Railpen, Qatar Investment Authority and Millennium Management.
Founded in 2014, Starling has built…