OverviewSuggest Edit

Starling is a company operating as a bank. It offers various account types such as personal, business, joint, euro, as well as child and teen accounts. The company provides a mobile banking application and a debit card that enables users to manage their finances.
TypePrivate
Founded2014
HQLondon, GB
Websitestarlingbank.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Jun 2021)861(+3%)
Job Openings86
Revenue (FY, 2019)£18.7 M(+510%)
Cybersecurity ratingAMore

Key People/Management at Starling Bank

Anne Boden

Anne Boden

CEO and Founder
Helen Bierton

Helen Bierton

Chief Banking Officer
Tony Ellingham

Tony Ellingham

Chief Financial Officer
Declan Ferguson

Declan Ferguson

Deputy CFO and Chief Strategy Officer
Alexandra Frean

Alexandra Frean

Chief Corporate Affairs Officer
John Mountain

John Mountain

Chief Information Officer
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Starling Bank Office Locations

Starling Bank has an office in London
London, GB (HQ)
3rd floor 2 Finsbury Ave
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Starling Bank Financials and Metrics

Summary Metrics

Founding Date

2014

Starling Bank total Funding

$922.7 m

Starling Bank latest funding size

$69.23 m

Time since last funding

2 months ago

Starling Bank investors

Starling Bank's latest funding round in April 2021 was reported to be $69.2 m. In total, Starling Bank has raised $922.7 m. Starling Bank's latest valuation is reported to be £1.1 b.
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Starling Bank Revenue

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Starling Bank's revenue was reported to be £18.74 m in FY, 2019 which is a 509.5% increase from the previous period.
GBP

Revenue (FY, 2019)

18.7m

Revenue growth (FY, 2018 - FY, 2019), %

509.5%

Gross profit (FY, 2019)

14.2m

Gross profit margin (FY, 2019), %

75.8%

Net income (FY, 2019)

(52.1m)

Market valuation

1.1b
GBPFY, 2017FY, 2018FY, 2019

Revenue

89.0k3.1m18.7m

Revenue growth, %

149%3355%509%

Cost of goods sold

138.0k2.3m4.5m

Gross profit

(49.0k)750.0k14.2m
GBPFY, 2017FY, 2018FY, 2019

Accounts Receivable

804.0k8.7m54.3m

PP&E

253.0k616.0k2.4m

Total Assets

53.3m234.7m1.2b

Accounts Payable

18.1m202.3m1.0b
GBPFY, 2017FY, 2018FY, 2019

Net Income

(10.2m)(25.1m)(52.1m)

Depreciation and Amortization

557.0k1.8m3.1m

Accounts Payable

18.1m184.2m805.0m

Cash From Operating Activities

2.8m135.2m703.4m
GBPFY, 2017

Revenue/Employee

928.7

Financial Leverage

1.6 x
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Starling Bank Operating Metrics

FY, 2017Aug, 2018FY, 2018Feb, 2019Aug, 2019Oct, 2019Nov, 2019FY, 2019Feb, 2020May, 2020Mar, 2021

Active Customer Accounts

43 k337 k460 k695 k930 k1 m926 k1.25 m1.4 m2 m

Countries

37

Monthly Transactions

10 m

Transactions

21.8 m
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Starling Bank Acquisitions / Subsidiaries

Company NameDateDeal Size
Murmur Financial Services DAC
Starling FS Services Limited

Starling Bank Revenue Breakdown

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Starling Bank revenue breakdown by business segment: 36.8% from Interest Income, 59.2% from Fee and Commission Income and 4.0% from Other

Human Capital Metrics

Starling Bank's employees are reported to be approximately 40% female and 60% male.
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Starling Bank Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Starling Bank Online and Social Media Presence

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Starling Bank News and Updates

Goldman Sachs invests £50 million in Starling Bank

Goldman Sachs Growth Equity has invested £50 million in UK challenger Starling Bank.

Starling Bank secures £50m investment from Goldman Sachs

Digital lender Starling Bank has extended its latest funding round with a £50m investment from Goldman Sachs. Last month it The post Starling Bank secures £50m investment from Goldman Sachs appeared first on CityAM.

Starling Bank confirms £272 million in new funding, claims unicorn status.

The UK has a new darling in Starling. The digital bank has confirmed its Series D round funding totalling a healthy £272 million, their largest ever. Led by Fidelity Management and Research the round was oversubscribed by £72 million, and now gives the company at £1.1 billion pre-money valuation. R…

Challenger Starling Bank is set to raise $274 million at a $1.5 billion valuation from major asset manager Fidelity

Starling Bank could be set for a unicorn valuation with a fresh funding round led by US asset manager Fidelity, Insider understands. Founded in 2014, Starling is in talks to bring in £200 million in fresh funding.

Starling Bank moves into profit

Starling Bank has hit a rare neobanking milestone, hitting break even in October and is on course to return monthly profits from here onwards. With nearly 1.8 million accounts, £4 billion in deposits and £1.5 billion of lending, Starling generated £9 million of revenue for the month of October 2020…

Starling Bank business customers get PayStream accounting platform integration

PayStream online accounting software is designed with contractors in mind. It is available directly through the Starling Marketplace, the in-app space where customers can connect to third-party products and services.
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Starling Bank Blogs

Three small businesses booming after lockdown

We hear from three small businesses that are back and booming after a tough year. The photo above features Keshia, owner of Caribe…

What’s a mobile wallet?

The way we pay for things is changing. More people than ever are choosing to pay using mobile payments, while the number of payments made…

A taste of summer: English rosé wine from Folc

The word ‘folc’ is Old English for community, people or family. “It really resonated with what we wanted to do,” says Tom Cannon, co-founder…

National Insurance number scams: How to avoid them

National Insurance number scams have recently increased. Starling’s financial crime specialist Sarah Lenette takes a look at how to protect…

Explaining money to children

Use moments in daily life to teach your children what you really get in exchange for the money you spend. It could be tapping your card to…

Timetastic: Simplifying time off work

“We believe in time off. It promotes mental health and wellbeing,” says Gary Bury, co-founder of Timetastic, an app for planning, tracking…
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Starling Bank Frequently Asked Questions

  • When was Starling Bank founded?

    Starling Bank was founded in 2014.

  • Who are Starling Bank key executives?

    Starling Bank's key executives are Anne Boden, Helen Bierton and Tony Ellingham.

  • How many employees does Starling Bank have?

    Starling Bank has 861 employees.

  • What is Starling Bank revenue?

    Latest Starling Bank annual revenue is £18.7 m.

  • What is Starling Bank revenue per employee?

    Latest Starling Bank revenue per employee is £21.8 k.

  • Who are Starling Bank competitors?

    Competitors of Starling Bank include Wonga, Atom Bank and Revolut.

  • Where is Starling Bank headquarters?

    Starling Bank headquarters is located at 3rd floor 2 Finsbury Ave, London.

  • Where are Starling Bank offices?

    Starling Bank has an office in London.

  • How many offices does Starling Bank have?

    Starling Bank has 1 office.