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Chrysalis shares leap 10% as Starling bank becomes the fintech Engine for growth
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Chrysalis shares leap 10% as Starling bank becomes the fintech Engine for growth
Chrysalis (CHRY) has jumped to a three-year high after the growth capital fund underlined the strength of its recovery with a 13.7% second quarter increase driven by a dramatic 42% hike in the value of Starling bank. Shares in the £582m investment company, which invests in companies preparing to float on the stock market, leaped 10%, or 11.4p, to 123.4p on news of the double-digit rise in the portfolio’s net asset value after debts. The trading …
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