LONDON — Starling Bank, a digital-only challenger bank in the U.K., said Monday that it's raised £272 million in an investment round.
Qatar's sovereign wealth fund, the Qatar Investment Authority, also invested in Starling, along with U.K. pension scheme Railpen and hedge fund Millennium Management. Boden added: "Our new investors will bring a wealth of experience as we enter the next stage of growth, while the continued support of our existing backers represents a huge vote of confidence."
"We are probably going to acquire something during 2021," Boden said in an interview last year. "Lots of lenders are going to reevaluate their future and we are growing very, very fast. We're always looking for opportunities."
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