business
Starling founder Anne Boden sells final stake at £1.7bn valuation
Anne Boden, founder of UK digital bank Starling, has reportedly sold her remaining stake at a cut-price valuation of £1.7 billion, according to media reports.
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Starling founder Anne Boden sells final stake at £1.7bn valuation
Anne Boden, the founder of UK digital bank Starling, has sold her final stake in the company at a valuation of £1.7 billion, according to reports. The reported valuation is significantly lower than the £2.5 billion figure attached to Starling in its 2022 funding round. Boden stepped down as chief executive in 2023 but had retained a shareholding in the fintech she founded in 2014. The sale marks the end of her financial interest in the bank, which has faced increased competition and scrutiny in the UK digital banking market.