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International Business Times UK
International Business Times UK
Penuel Joseph Ares

Starling Bank Valued at £1.7B as Founder Anne Boden Offloads Remaining Shares

Anne Boden exits Starling as a £1.7 billion valuation emerges, raising fresh questions over ownership, growth and IPO plans (Credit: TechCrunch/Wikimedia Commons)

Starling Bank's valuation has been pegged at about £1.7 billion after founder Anne Boden quietly sold her remaining shares in the digital lender, according to Sky News.

The broadcaster reported that the sale of her final 2.7 per cent holding is estimated to have raised about £45 million. That is consistent with the implied valuation, though the precise amount Boden received has not been independently confirmed.

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