UK’s Starling Bank eyes $5.4 billion valuation in secondary share sale, FT reports

(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.

Reuters could not immediately verify the report.

Starling Bank, which was launched in 2017, did not immediately respond to a Reuters request for comment on the report.

($1 = 0.7386 pounds)

(Reporting by DhanushVignesh Babu and Unnamalai L in Bengaluru; Editing by Shinjini Ganguli)