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The Covid loans, the billionaire … and Starling, the very fast-growing bank

In 2019, it had lent just £23m. By June 2021, it had issued £1.6bn of bounce-back lending – and an ex-minister has questions

Aboard his 92-foot yacht in the Bahamas in June 2015, the reclusive Austrian-born billionaire Harald McPike was investigating a new moneymaking opportunity.

Decades after reportedly making his first fortune in blackjack, the gambler turned investor had set his sights on the burgeoning UK fintech market and invited the founder of Starling Bank, Anne Boden, aboard.

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Read the original article at The Guardian

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