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Banking start-up Starling raises fresh £60m for expansion

Bahamas-based billionaire Harald McPike and Merian Global Investors lead latest funding round

The fast-growing challenger bank Starling has raised £60m just months after it last went to its investors for fresh capital.

The cash injection from JTC, a family office controlled by Bahamas-based billionaire Harald McPike, and asset manager Merian Global Investors, will be used to fund an expansion that Starling’s chief executive recently told Financial News would include a push into Europe.

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