Starling's Profits Soar 55% as Loan-Loss Provisions Increase – PYMNTS.com
Starling The company has just achieved its third year of profitability as it plans to expand its software business. The UK neobank announced on Wednesday (June 12) Annual Reportreported a 54.7% increase in pre-tax profit to 301.1 million pounds ($384.3 million). The company’s revenue increased 50.6% to 682.2 million pounds ($870 million), and total deposits […]