Starling, the UK digital bank, is set to expand further having raised £40 million, in a fresh round of fund raising that will help deliver increased support for small and medium-sized businesses.

The investment from Starling’s existing investors follows a £60 million investment in February 2020, bringing the total raised by Starling in 2020 to £100 million. Since its launch in 2014, the bank has raised £363 million.

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