Curve opens US office as embattled startup heads across the Atlantic February 10, 2020 London fintech startup Curve has today revealed its first US office, as it opens up shop in Brooklyn, New York as a base for its Stateside operations. The move follows a spate of negative reports about the card management firm, including allegations of misrepresenting user data and editing its own Wikipedia page to hide controversies. [...]
The value of trust in an age of fake news February 10, 2020 | Sponsored Ipsos MORI may be best known for its political polls during the run up to a General Election, but that is only a tiny part of its business. Far more of its time and resources are devoted to conducting market research for a wide range of major organisations. It is an industry where trust is [...]
Starling Bank gives shares to employees as it raises £60m February 10, 2020 Challenger bank Starling today said it will hand out shares to all 800 employees after raising £60m to boost its expansion plans. The cash injection, led by existing investors Merian Global Investors and JTC, brings the total raised by Starling to £323m and follows two funding rounds of £105m last year. The digital bank said [...]
Art is food for the soul, so why not hang up a Picasso in the office? February 10, 2020 In recent years, we have seen businesses commit to new mental health initiatives, from training mental health first aiders to developing mindfulness apps, yoga classes at the office, plants, and bringing in pets. Employers of all sizes are looking for ways to keep their workforce happy and motivated. And rightly so — the global cost [...]
Top UK fintech firms accused of editing their own Wikipedia pages February 9, 2020 Two of the UK’s most prominent fintech firms have been accused of editing their own pages on Wikipedia to remove criticism. The Wikipedia pages of card management app Curve and challenger bank Starling both have warnings claiming the firms could have edited their own entries, as does the page of Starling chief executive Anne Boden. [...]
Fresh blow for Woodford investors as biotech sell-off fails February 9, 2020 Investors in the failed flagship fund of Neil Woodford are facing a further blow after a £550m deal to rescue a portfolio of his stakes in biotech startups collapsed, raising concerns the holdings will be offloaded in a fire sale. WG Partners, a boutique investment bank specialising in life sciences, had been trying to assemble [...]
What’s the easiest way to send funds back to the UK? February 7, 2020 | City Talk Home is where the heart is, which is why many expats choose to send money back to the UK even with a new life abroad. There are many reasons why you may need to repatriate funds, such as property maintenance, pension payments, or helping out with school fees. It might be that after enjoying the [...]
The £19k cost of trying to time the market February 7, 2020 | City Talk When markets fall, the natural instinct is to sell. Our research highlights how costly it can be to miss the stock market’s best days. “Buy low, sell high” – that’s every investor’s goal. However, it’s easier said than done. Especially if you’re trying to time the market, which is notoriously difficult, if not impossible. It [...]
With apprenticeships, firms can teach old dogs new tricks February 7, 2020 We are living through extraordinary times. Disruptive tech innovations, dizzying political upheavals, and growing public demand for action on issues from inequality to the environment are all contributing to a landscape of unprecedented change. But we are still clinging to outdated ideas of how — and when — we should gain new skills. The use [...]
Antler secures fresh investment from Schroders February 6, 2020 Company builder Antler have taken their total raised to $75m, after closing investment from Schroders and FinTech Collective. Antler has raised the $75m in the last six months, with the latest tranche led by British investment management company Schroders, as well as Johan Andresen’s vehicle Ferd. The investors join an existing group that includes Facebook [...]
