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Existing backers put another £40m into UK challenger bank Starling

U.K. based challenger bank raised £40m in a venture round led by JTC and Merian Global Investors.

“This additional funding from our existing investors demonstrates their commitment both to Starling and to our small business and personal customers who need our support now more than ever,” said Starling’s Anne Boden in a statement confirming the fundraise.

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financing, london, challenger banks