UK FinTech Starling Bank has raised £30mn in its latest funding round.

In Brief:

• This brings total investment raised up to £263mn.

• The round is led by Merian Chrysalis Investment Company Limited.

• Starling has opened 930,000 accounts since launch.

What does this mean?

The funding will be used to develop Starling’s B2B offering, as well as supporting growth more generally. The bank is on a mission of global expansion – via Europe.

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