![]() In September 2022, one of the bank’s major shareholders – Jupiter – agreed to sell its £100 million stake in the firm, in a move which revalued Starling at £1.5 billion. This valuation jumped to £2.5 billion by April 2022, but market turmoil helped to bring the challenger bank back down to earth. At this point, the company’s market cap was estimated at £1.4 billion. The company then announced that it got a £50 million extension on this funding round, an investment from Goldman Sachs Growth Equity, increasing the total to £322 million. In an early 2021 fundraising round, Starling raised £272 million. Boden, who is also the CEO of Starling, is hoping to list the company in London. It was founded in 2014 by Anne Boden, a former banking executive. Starling is one of the UK’s leading digital-only banks. Starling (estimated market cap: £1.5 billion) Learn more about the Arm Holdings IPO or find out how to trade UK listings A dual listing could be on the cards and has been making its rounds on the rumour mill, too. ![]() However, more than six months on, the IPO continues to be on hold. Son added that the IPO will be one of the biggest ever in the tech world. In early 2022, Masayoshi Son, the CEO of SoftBank said that ‘the US is the market that we’re looking at for the listing of ARM,’ suggesting that Nasdaq – not the LSE – will be the company’s market of choice. While often referred to as ‘the jewel in the crown’ of British technology, it’s unclear at this point where Arm will go public. Since then, market turmoil has caused Arm’s estimated cap to drop to around $23.95 billion. In early 2022, however, the deal fell through, with Nvidia and Arm both citing regulatory challenges as the primary reason. It has approximately 6000 employees globally and 2800 in the UK.Īrm’s holding company SoftBank announced a deal for Nvidia to acquire Arm in 2020, leading to an estimated $40 billion valuation. How to choose the best investment platformĪrm Holdings (estimated market cap: $23.95 billion)Īrm Holdings designs microprocessors and related technology and software found in around 95% of smartphones.How to choose the best beginners' trading platform.How to find the best day trading platform.What is sectors trading and how does it work?.What are futures and how do you trade them?. ![]() ![]()
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