Goldman-backed digital bank Starling reports its first annual profit as other fintechs stumble

British digital bank Starling on Thursday reported its debut annual profit as revenues at the firm almost doubled.

The lender swung to a pre-tax profit of £32.1 million ($38.3 million) in its fiscal year ending March 2022, having lost £31.5 million a year earlier.

Revenues at the start-up reached £188 million, up nearly 93% from 2021.

It marks a rare show of…