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Starling Bank revenue jumps 50% ahead of expected IPO

Hedge Funds Correspondent

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Starling Bank’s revenue and profit has surged ahead of a hotly anticipated London listing.

Revenues at Starling Group, which includes Starling Bank, banking software platform Engine and mortgage lender Fleet Mortgages, hit £682m for the year ended 31 March 2024, up roughly 50% from the previous year.

Pre-tax profit hits £300m as the challenger bank continues to mull a listing

Bilal Jafar

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