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HISTORICAL P100 / #76

Starling Bank

Digital Banking · United Kingdom

Historical ranking valuation$3.70BSource snapshot: Jun 19, 2026
Financing events16
Named participants10
Captables stories1

Disclosed primary funding in this record

Not established

Sum of non-overlapping disclosed USD amounts in confirmed primary financing entries in this record, including separately labeled equity components; not verified lifetime funding. Excludes amounts already included in a later round, announced, reported, database-only, debt, secondary and unclassified events.

0 confirmed primary rounds with disclosed USD amounts · Record through 2026-09-29
THE BUSINESS

Get to know Starling Bank.

Starling is a UK-regulated digital bank offering personal, joint and business accounts through its app. Its products include payments, debit cards, savings, budgeting Spaces and business-account tools, subject to account eligibility.

Starling Bank account overview ↗Source checked Sep 24, 2026

Valuation history

Valuations reported at the time of each round.

More than GBP 2.5B pre-moneyInternal existing-investor round (Series D share issuance) · ConfirmedSource ↗
More than GBP 1.1B pre-moneySeries D extension (Goldman Sachs) · AnnouncedSource ↗
GBP 1.1B pre-moneySeries D initial announcement · AnnouncedSource ↗

Funding history

Funding rounds, debt and other financing events.

14sourced events · record as of 2026-09-29

The 2021 Series D was first announced as GBP 272M on March 8 subject to regulatory approval, extended by Goldman Sachs GBP 50M on April 19, and reported by Starling as GBP 322M completed later in 2021. The 2022 GBP 130.5M existing-investor round is distinct from 2021 and was completed in April 2022; no Goldman-only lead is stated. February 2019 GBP 100M CIF grant is not equity or issuer investor capital. Historical GBP amounts have no assumed USD conversion. Issuer accounts distinguish April and September 2018 share issues and December 2015, July 2016 and April 2017 issues. Original reporting links the latter three to the initial milestone package; the reported aggregate is not additional proceeds or a single January 2016 cash receipt. No venture series is inferred from the B share class. The 2026 debt observation remains database-only; exact early subscriber vehicles, current holdings, current-P100 eligibility, source rights and independent complete-history review remain unresolved. This is not an independently reviewed complete legal financing register.

Apr 26, 2022LATEST SOURCED
primary

Internal existing-investor round (Series D share issuance)

Investors undisclosed

Issuer release dated April 27 says completed April 26. All existing investors participated but does not assign a lead or individual allocations; annual report identifies Series D share issuance.

AmountGBP 130,500,000ValuationMore than GBP 2.5B pre-money
Apr 19, 202113
primary

Series D extension (Goldman Sachs)

Goldman Sachs Growth Equity (lead)

April 19 release says the GBP 50M Goldman investment extended March's GBP 272M Series D to GBP 322M; regulatory approval remained pending. Starling later reports the round completed.

AmountGBP 50,000,000ValuationMore than GBP 1.1B pre-money
Mar 8, 202112
primary

Series D initial announcement

Fidelity Management & Research Company (lead) · Qatar Investment Authority · RPMI Railpen · Millennium Management

Announced March 8 subject to regulatory approval; later issuer reporting says GBP 322M total Series D completed after the separate GBP 50M Goldman extension.

AmountGBP 272,000,000ValuationGBP 1.1B pre-money
Feb 10, 202010
primary

Existing-investor financing

Merian Global Investors · JTC

Issuer says this GBP 60M and the later May GBP 40M together totaled GBP 100M raised during 2020; employee share awards are not additional external financing.

AmountGBP 60,000,000ValuationUndisclosed
Oct 23, 201909
primary

Existing-and-new-investor financing

Merian Chrysalis Investment Company (lead) · JTC

Merian Chrysalis contributed GBP 20M and JTC GBP 10M; issuer says 2019's GBP 75M and GBP 30M rounds totaled GBP 105M.

AmountGBP 30,000,000ValuationUndisclosed
Feb 22, 201908
grant

Grant

Investors undisclosed

Capability and Innovation Fund grant awarded to support SME banking; not primary equity or investor capital.

AmountGBP 100,000,000ValuationNot publicly disclosed
Feb 13, 201907
primary

Series C

Merian Global Investors (lead) · Harald McPike / JTC

Issuer describes GBP 60M Series C plus GBP 15M from an existing investor as GBP 75M new funding; this combined announcement is one observation, not two additive GBP 75M events.

AmountGBP 75,000,000ValuationNot publicly disclosed
Sep 26, 201806
primary

B-share issuance (September)

Investors undisclosed

Issuer accounts disclose one B share issued September 26 for GBP 10M, separate from April. No named subscriber, lead, valuation or venture-series designation is established here; share quantity and nominal capital are not financing amounts or current ownership.

AmountGBP 10,000,000ValuationUndisclosed
Apr 11, 201805
primary

B-share issuance (April)

Investors undisclosed

Issuer accounts date this issue April 11; GBP 9.968M share premium is distinct from nominal capital and period-wide net proceeds. The approximate amount replaces the database's exact GBP 10M and venture-series label. No subscriber, valuation or current holdings are inferred.

AmountApproximately GBP 10,000,000ValuationUndisclosed
Apr 12, 201704
primary

Initial package: April 2017 B-share issue

Investors undisclosed

Included in Initial milestone funding package (reported); not added again to the confirmed-raised sum.

Issuer accounts establish the April 12 issue and receipt of third-tranche funding by that date. The amount is approximate; rounded share premium is not exact gross cash. Grouping relies on the separately cited reported package. Nominal capital is not proceeds; no named subscriber vehicle, venture series, valuation or current ownership is inferred.

AmountApproximately GBP 30,000,000ValuationUndisclosed
Jul 12, 201603
primary

Initial package: July 2016 B-share issue

Investors undisclosed

Included in Initial milestone funding package (reported); not added again to the confirmed-raised sum.

Issuer-backed issue date and approximate amount; rounded premium plus nominal capital supports the approximation, not exact gross or net cash. Grouping relies on the separately cited reported package. The report's share class does not establish a venture series, subscriber vehicle, milestone trigger, valuation or current holdings.

AmountApproximately GBP 14,850,000ValuationUndisclosed
Dec 22, 201502
primary

Initial package: December 2015 B-share issue

Investors undisclosed

Included in Initial milestone funding package (reported); not added again to the confirmed-raised sum.

Issuer-backed issue predates the January 2016 announcement. The approximate amount is not an exact cash figure. Grouping relies on the separately cited reported package. Nominal capital is not proceeds, and no subscribing vehicle, venture series, valuation or current ownership is established.

AmountApproximately GBP 3,150,000ValuationUndisclosed
Date undisclosedUNDATED
primary

Initial milestone funding package (reported)

Harald McPike

Source published Apr 20, 2017; not a financing date

Original reporting links three payments to the January 2016 McPike package and reports spokesperson confirmation of milestone staging. This is an aggregate reference, not additional capital or one January cash receipt. Package closing date is unknown; April 20 is source publication. McPike's exact legal subscribing vehicle, lead status, allocation, current holdings and specific milestones are not established.

Harald McPike · FStech January 11, 2016 report of McPike's commitment ↗

AmountGBP 48,000,000 reported packageValuationUndisclosed
Unverified database leads (2)

These database claims have not been independently verified and are excluded from the sourced-event count.

Jun 11, 2026UNVERIFIED
debt

Debt

Investor participation not independently verified

AmountUndisclosedValuationUndisclosed
Mar 2019UNVERIFIED
other

Non-Equity Assistance

Investor participation not independently verified

Future Fifty participation is non-equity assistance, not an issuer share financing.

AmountNot publicly disclosedValuationNot publicly disclosed

Financing participants

Investors, lenders and other parties named in funding announcements.

Goldman Sachs Growth Equity

Series D extension (Goldman Sachs) · Apr 19, 2021 · Lead participant · primary · Announced · Announced source ↗

Fidelity Management & Research Company

Series D initial announcement · Mar 8, 2021 · Lead participant · primary · Announced · Announced source ↗

Qatar Investment Authority

Series D initial announcement · Mar 8, 2021 · Participant · primary · Announced · Announced source ↗

RPMI Railpen

Series D initial announcement · Mar 8, 2021 · Participant · primary · Announced · Announced source ↗

Millennium Management

Series D initial announcement · Mar 8, 2021 · Participant · primary · Announced · Announced source ↗

JTC

Existing-investor financing · May 29, 2020 · Lead participant · primary · Confirmed · Confirmed source ↗

Existing-investor financing · Feb 10, 2020 · Participant · primary · Confirmed · Confirmed source ↗

Existing-and-new-investor financing · Oct 23, 2019 · Participant · primary · Confirmed · Confirmed source ↗

Merian Chrysalis Investment Company

Existing-investor financing · May 29, 2020 · Lead participant · primary · Confirmed · Confirmed source ↗

Existing-and-new-investor financing · Oct 23, 2019 · Lead participant · primary · Confirmed · Confirmed source ↗

Merian Global Investors

Existing-investor financing · Feb 10, 2020 · Participant · primary · Confirmed · Confirmed source ↗

Series C · Feb 13, 2019 · Lead participant · primary · Confirmed · Confirmed source ↗

Harald McPike / JTC

Series C · Feb 13, 2019 · Participant · primary · Confirmed · Confirmed source ↗

Ownership evidence

Opening ownership research…

Captables coverage

Deals / Captables

Starling Bank's latest round: Undisclosed Series D

Starling Bank's latest public financing record lists GBP 130,500,000 in its Series D dated April 26, 2022 at a reported valuation of GBP 2,500,000,000. Captables places the event in the company's disclosed funding history.

Captables Newsroom · 58d ago