Activist investor Elliott pumps another £20m into British start-up bank Chetwood By Emma Dunkley, Financial Mail On Sunday Published: 16:50 EDT, 24 July 2021 | Updated: 16:50 EDT, 24 July 2021 Activist investor Elliott has pumped another £20million into British start-up bank Chetwood. The latest investment from the New York-based hedge fund takes its stake … Read more
Visa to buy Swedish fintech start-up Tink for nearly £2bn: Payments giant snaps up open banking platform after being forced to abandon similar deal Visa is buying Swedish fin-tech Tink for $2.2bn Tink develops technology to allow fintechs to connect to customers from different financial institutions It comes after Visa was forced to abandon its … Read more
Technology start-up backed by fashion mogul Tom Singh to raise £10m for expansion after securing major clients By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 12 June 2021 | Updated: 21:50 BST, 12 June 2021 A London technology start-up backed by fashion mogul and New Look founder Tom Singh plans to raise around … Read more
Kamal Ahmed has left the BBC to begin a ‘new media business’ just weeks after he was axed from his £205,000 editorial director role. The BBC axed Mr Ahmed and two others from its news board in February in a ‘modernisation’ plan – leaving it with no ethnic minority members despite a pledge to increase senior management … Read more
Fitness start-up backed by PM’s personal trainer raising up to £14.4m to reboot Britons’ fitness after pandemic By Harriet Dennys, Financial Mail On Sunday Published: 21:50 BST, 24 April 2021 | Updated: 21:50 BST, 24 April 2021 A fitness start-up backed by the Prime Minister’s personal trainer is raising up to $20million (£14.4million) to reboot … Read more
Britain’s banks have been accused of ‘sending a terrible message’ to entrepreneurs by leaving new business account customers out in the cold. Many High Street giants stopped offering business accounts at the start of the pandemic, claiming they wanted to focus on existing customers. But while some have finally started accepting applications again, wildly divergent … Read more
Tony Blair’s son Euan could now be worth almost £73million after the education technology start-up he founded was valued at £147million. The London-based firm, which finds apprenticeship places and provides training for non-graduate students, has announced plans for a global expansion after securing a new £32million investment. The investment values the company, named Multiverse, at … Read more
Tony Blair’s son Euan could now be worth almost £73million after the education technology start-up he founded was valued at £147million. The London-based firm, which finds apprenticeship places and provides training for non-graduate students, has announced plans for a global expansion after securing new investment. The investment, believed to be in the region of £32million, … Read more
Made In Chelsea star Spencer Matthews raises £7m for low-alcohol drinks start-up CleanCo By Daily Mail City & Finance Reporter Published: 21:51 GMT, 18 January 2021 | Updated: 21:51 GMT, 18 January 2021 Reality TV star Spencer Matthews has bagged £7million of investment for his low-alcohol spirits business CleanCo. Matthews, who appeared in Made In … Read more
A new platform connecting startups with potential business partners has launched, spurred on by an increase in people taking the plunge to become entrepreneurs during the pandemic. Object Astra is a platform designed to help people with a business idea find professionals with the skills and know-how they need to give them ‘sweat equity’. In … Read more