Starling Bank Looking for Additional Capital with BCR Grants

Starling Bank has already raised £100mn this year and is eyeing an additional round of capital through the Banking Competition Remedies (BCR); the fintech can receive one of the two grants, either £35mn and £25mn; Anne Boden, CEO and Founder of Starling Bank, told Yahoo Finance: “We are doing well and therefore we believe it’s in the interest of competition in the UK for us to be given an additional grant of £35mn in order for us to be competitive in new sectors of SMEs.”; the company said the funds will be used to build on their small business offering. AltFi.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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