The Entrepreneur Fintech who waged war on the payment company of 10 billion pounds Sterling which he co-founded accused him of having “deceived” his own investors and warned that a decision to extend his current governance agreements could be derailed in court. In a statement published in Sky News, Taavet Hinrikus’s investment vehicle, Skaala, said … Read more
Some of the main British financial technology companies have urged the Chancellor to encourage them to register on the London stock market in force or risk turning to rival international exchanges. Sky News learned that Rachel Reeves met with companies leaders such as Atom Bank, Clearbank, Revolut and Zilch on Wednesday morning to discuss the … Read more
The City Minister intensifies efforts to convince some of the most precious financial technology companies in Great Britain to list in London as “unicorns”, including Monzo, intend preparations to return public. Sky News that Emma Reynolds, economic secretary of the Treasury, met with business leaders such as Clearscore, Monzo, Oaknorth and Revolut on Tuesday morning. … Read more
One of the main British venture capital investors is about to unveil an agreement to take over an emerging Finch fund that counted Lord Hammond, the former chancellor, among his advisers. Sky News learned that Contactopus Ventures temporarily agreed to absorb Fintech Growth Fund (FGF), which boasted of financial commitments from Barclays, the London Stock … Read more
Another leading technology company is being swallowed up in a transatlantic takeover that will underline the scale of the raid on some of Britain’s most promising companies. Sky News has learned that Demica, one of the UK’s largest supply chain finance providers, has agreed a deal with FIS, the New York-listed tech giant, valued at … Read more