Starling Bank is reportedly considering a potential listing in New York as the UK digital bank continues its expansion into the US market.
Declan Ferguson, chief financial officer of the London-based fintech, told the Financial Times that Starling was evaluating a US listing where it might secure a higher valuation.
"We continue to observe what is happening externally with our peers, and also what is happening on the global stage in terms of the UK versus US [stock markets]," Ferguson said.
The CFO indicated that Starling has not yet made a definitive decision on where any future listing would take place, describing the situation as still "in flux." Ferguson emphasized that the company is not rushing toward an IPO.
This potential shift toward a New York listing represents a change in direction for Starling.
