Portfolio
3
companies
AUM
£37.0B
under management
Gousto
Gousto provides a meal kit delivery service for home cooking.
Starling Bank
Starling Bank operates a fully licensed digital banking platform offering personal and business accounts.
TransferMate
TransferMate provides global business-to-business payments infrastructure and cross-border transaction services.
The funding round was backed by Railpen and managed by Barclays Bank PLC.
"This investment continues Railpen’s strategy of investing in high quality, innovative growth companies for the long term, which supports our purpose to secure our members’ future."
The meal-kit retailer raised the capital from backers including SoftBank, Fidelity International, and Railpen.
"This successful Placing follows the primary capital raise announced in January and is further testament to the relevance and appetite for Gousto’s leading recipe box solution, as we meet an accelerating consumer need to eat healthily and sustainably, at value."
The Series D round was led by Fidelity Investments alongside Qatar Investment Authority, Railpen, and Millennium Management.
"Digital banking has reached a tipping point. Customers now expect a fairer, smarter and more human alternative to the banks of the past and that is what we are giving them at Starling as we continue to grow and add new products and services. Our new investors will bring a wealth of experience as we enter the next stage of growth, while the continued support of our existing backers represents a huge vote of confidence."
