Starling Bank: The rise and fall of a fintech darling May 30, 2025 Over a decade ago three fintechs entered the banking scene and set their sights on reshaping its landscape. Starling, Monzo and Revolut rapidly expanded as they leveraged modern tech to streamline banking operations, enhance consumer experience and disrupt traditional financial models. The trio of fintech darlings ballooned customer bases in record numbers. But as two [...]
UK fintech Starling’s profit tumbles as regulatory failings linger May 28, 2025 UK fintech veteran Starling recorded a drop in annual profit for the financial year as it battled with a more competitive fintech landscape and mounting costs. The neobank recorded £223m in pre-tax profit, which was down from £301m the previous year. This came as operating costs ramped up to £403m, from £332m, helping offset modest [...]
Revolut investors cash in with $1bn share sale December 16, 2024 Backers of Revolut have offloaded just shy of $1bn worth of stock in the neobank in just four months, after it extended its secondary share sale for the second time earlier this month. The investors, which largely comprise staff, venture capital backers and crowdfunding round participants, have looked to cash in on parts of their [...]