London-based digital challenger, Starling Bank, has announced a £272M (approx €316.9M) Series D round of funding. With this investment, the company is valued at £1.1B (approx €1.28B) pre-money.
The announcement follows Starling Bank’s fourth successive month in profit. The company claims it is on course to report its first full year in profit by the end of its next financial year-end.