Starling Bank founder Anne Boden has sold her final stake in the digital lender at a valuation reported to be £1.7 billion, according to business reports. The sale is described as a cut-price deal compared with earlier expectations for the bank’s price in its most recent major secondary share transaction.
Outlets differ mainly in how they frame the valuation context. Sky News characterises the disposal as occurring at a price far below what Starling was reportedly seeking, suggesting the final secondary sale does not match the higher figures that had been discussed publicly. The Sifted report likewise says Boden completes the exit by selling the remaining shares and points to the £1.7bn figure, while emphasizing the “final stake” aspect of the transaction.
