{
  "id": 15744832,
  "title": "Starling founder Anne Boden offloads stake at slashed £1.7bn valuation",
  "url": "https://urgent.news/2026/10/20/starling-founder-anne-boden-offloads-stake-at-slashed-1-7bn-valuation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T11:58:34.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/starling-founder-anne-boden-offloads-stake-at-slashed-1-7bn-valuation/"
  },
  "original_language": "en",
  "account": "Starling's founder Anne Boden has sold her remaining 2.7 per cent stake in the UK fintech firm at a valuation of £1.7 billion, significantly lower than the £4 billion target set for the firm in a secondary share sale last year. Boden, who launched Starling in 2014, stepped down as CEO in May 2023 due to a disagreement with investors over Jupiter's decision to sell a stake at a below-valuation price. Following her departure, Boden has begun working on a new AI project called 'Moonshot', seeking software engineers with a background in banking technology. Starling's earnings declined last year, with pre-tax profit dropping to £217 million, a three percent decrease from the previous year, following a 5.6 percent revenue decline to £887 million. The Bank of England's declining base rate was cited as a major contributing factor, causing interest income to fall by £52.5 million. Starling's spokesperson stated that Boden sold her shares privately to existing shareholders with the company's full knowledge and wished her success in her new venture.",
  "summary": "Starling founder has offloaded her remaining stake in the UK fintech at a valuation far below the price the firm was targeting in its latest secondary share sale. Anne Boden has sold her remaining 2.7 per cent stake in Starling as she begins work on a new AI project. She sold the stake at a [...]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}