(Reuters) -British digital lender Starling Bank is preparing a secondary share sale that could value the company at up to 4 billion pounds ($5.42 billion), the Financial Times reported on Wednesday,
Starling Bank Aims for $5.4 Billion Valuation in Upcoming Share Sale
Starling Bank's Valuation and Market Position
(Reuters) -British digital lender Starling Bank is preparing a secondary share sale that could value the company at up to 4 billion pounds ($5.42 billion), the Financial Times reported on Wednesday, citing people familiar with the matter.
Details of the Share Sale
Reuters could not immediately verify the report.
Company Background
Starling Bank, which was launched in 2017, did not immediately respond to a Reuters request for comment on the report.
Market Reactions
($1 = 0.7386 pounds)
(Reporting by DhanushVignesh Babu and Unnamalai L in Bengaluru; Editing by Shinjini Ganguli)
