Robinhood outlines safeguards to prevent a ‘memestock’ repeat January 26, 2022 Retail trading app Robinhood has outlined a series of safeguards it has put in place to prevent a repeat of the “memestock” trading craze which crippled hedge funds and sent share prices soaring last year.
Judge says No: Mike Lynch loses High Court battle to delay extradition to US January 26, 2022 British technology tycoon Mike Lynch, who is facing extradition to the US after being accused of fraud, has lost the latest stage of a legal battle. Lynch wants Home Secretary Priti Patel to be given more time to make an extradition decision. He mounted a High Court challenge after a judge who oversaw an extradition [...]
Sales and productivity have jumped since move to four-day work week, says London tech firm January 25, 2022 A London-based tech company has seen a 30 per cent boost in sales since moving to a four-day work week, the agency told City A.M. Since the change to a four-day, 32 hour working week, implemented in October of last year, technology consultancy company THRYVE ahas also seen its productivity go up by 20 per [...]
Forbes 30 under 30 data shows London is the best city in the world to be a young entrepreneur January 23, 2022 Using the Forbes 30 Under 30 lists from Europe, North America, Russia, Asia and Africa, London has been named as the best city in the world to be a young entrepreneur. Despite North America being by far the most popular in providing Forbes Under 30 candidates, London is the most popular city for young entrepreneurs [...]
Shoppers rack up £3.3bn buy-now-pay-later debt in Christmas spending spree January 20, 2022 Shoppers racked up £3.3bn of debt using buy-now-pay-later (BNPL) products in a spending spree over the Christmas period, new data has revealed.
Network International revenues jump as Dubai bounces back from pandemic January 20, 2022 Digital payments giant Network International reported a jump in revenues in the past year driven by record levels of customer growth.
PensionBee reports revenue jump as it targets December profitability January 20, 2022 Digital pensions platform PensionBee has reported a jump in revenue today as it readies to ramp up investment into marketing and customer acquisition.
Personetics announces $85m funding injection to boost banking personalisation January 19, 2022 Personetics has announced an $85m funding injection as it looks to accelerate the roll-out of its banking personalisation solutions.
British fintech Revolut launches in-app US stocks trading January 19, 2022 UK fintech Revolut has launched commission-free stock trading in the US in a bid to compete with online brokerages including Robinhood.
Blossom Capital raises $432m to tap into early stage tech January 18, 2022 Venture capital firm Blossom Capital has raised $432m for a new fund as it looks to tap into high-growth tech firms.