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The Covid loans, the billionaire … and Starling, the very fast-growing bank
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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.The three-day introductory meeting on the New Life proved lucrative.
McPike promised to invest £48m in Boden’s venture in exchange for nearly two-thirds of the business – far more than the £3m she had hoped to secure.
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