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Birmingham Post
Birmingham Post
Business
Lauren Phillips

Starling Bank to see profits quadruple this year as bank now a 'big player'

Starling Bank boss Anne Boden has said the digital bank expects to more than quadruple its profits in 2023 after a strong performance in December.

Swansea-born Ms Boden, the chief executive and founder of the digital bank, cheered its profitability, surging customer base, and lack of reliance on a "silly valuation" to raise cash.

In her new year update, she distanced Starling from rival digital banks and fintechs who are looking to raise cash, having become profitable last year for the first time in its eight-year history.

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