Chrysalis marks down Starling stake again and reduces Klarna holding Banking Chrysalis Investments has slashed the price tag of its Starling stake for the second straight quarter. The British investment trust marked down the value of its holding in the digital bank by five per cent to £356m in the second quarter. This helped contribute to an overall drop of 2.35p per share in Chrysalis’ net [...]
Starling founder Anne Boden cuts stake in £4bn fintech Fintech The founder of UK fintech Starling has slashed her stake in the digital bank during a secondary share sale, City AM can reveal. Anne Boden, who launched Starling in 2014 after stints at Allied Irish Banks and Lloyds, cut her holdings in the digital bank to near 2.7 per cent from a previous 4.3 per [...]
Starling investor eyes £10bn valuation for bank as tech business takes off Banking One of Starling Bank's top investors has said the digital lender could reach a valuation of nearly £10bn within the next few years on the back of fees from its recently launched tech business.
Jupiter outflows surge after star fund managers leave for new ventures April 23, 2024 Jupiter Fund Management saw significant outflows in the first quarter, thanks to the loss of Chrysalis investment trust and the unpopularity of the firm's value strategies.