Bitcoin smashes six-month high as markets make a sudden move to the upside February 16, 2023 Bitcoin is trading at $24,620 this morning, an increase of 11% over 24 hours, while Ethereum is up by 8% at $1,685.
Exclusive: Zopa snaps up buy-now pay-later firm DivideBuy February 16, 2023 Digital lender Zopa is set to snap up buy-now pay-later firm DivideBuy as it kicks off a dealmaking push following a funding round earlier this year. The deal marks the London-based bank’s first acquisition and comes after it raised a £75m warchest in January, which bosses said would be channelled into dealmaking. Zopa did not [...]
Realising the original promise of blockchain: censorship-resistance through decentralization February 16, 2023 | Sponsored With many crypto projects crashing in value throughout 2022 and into 2023, commentators have been quick to ask whether Decentralised Finance (DeFi) is dead. Others, such as Cointelegraph have proposed the critical problems that need to be addressed. These identified problems tend to be usability, security and regulatory clarity. Now, as we reach the end [...]
Neeva eyes future London growth as part of wider European expansion February 15, 2023 Neeva founder and former Google ads boss Sridhar Ramaswamy has endorsed London as a world class place for tech innovation as he rolls out his AI-powered startup across Europe. Speaking with City A.M., the former Silicon Valley exec turned search-engine startup founder said being in places like London is “top of mind” for Neeva as [...]
Legal tech revolution: Firms invest in cost saving AI tools like ChatGPT to improve profitability February 15, 2023 Law firms are continuing to invest in cost-saving technologies, including artificial intelligence driven tools like ChatGPT, in seeking to stave off falling profitability. A sharp drop in M&A deals has hit US law firms’ profitability, wiping out the majority of all gains they made during Covid, the research from Thomson Reuters shows. US law firms [...]
Households could start switching energy suppliers in bid for cheaper deals as price cap plummets February 15, 2023 Millions of Brits could switch supplier later this year, with the energy market expected to become more competitive as gas prices ease.
City A.M. Awards 2023: Investor of the Year February 15, 2023 Never have markets been more difficult to predict – but even in a tough environment there are gains to be had. It’s those investors that still raise the eyebrows of City professionals in admiration. Elliott Advisors The attentions of Elliott, the $60bn multi-strategy investment fund, are not always courted by corporates but the firm’s track [...]
Crypto traders shrug at latest inflation data February 15, 2023 The price of Bitcoin sits around $22,260 this morning, up by 2% over the last 24 hours while Ethereum is up 3% at $1,556.
City A.M. Awards 2023: Environmental, Social, and Governance Award February 15, 2023 In partnership with ‘ESG’ has never been more in focus than it has been over the past year, with the City going green at pace. But it’s not just about saying the right things, but doing them – and using innovative new products to finance them, too. From big to small, businesses are on the [...]
City A.M. Awards 2023: Analyst of the Year February 15, 2023 City watchers are more valuable than ever, and these analysts have consistently got the big calls right. We recognise those who put the hard yards in to know their businesses and sectors – and who are willing to go out on a limb. Craig Lowrey bio Dr. Craig Lowrey is a Principal Consultant at energy [...]