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Chrysalis

  • Starling founder Anne Boden cuts stake in £4bn fintech

    Fintech

    The founder of UK fintech Starling has slashed her stake in the digital bank during a secondary share sale, City AM can reveal. Anne Boden, who launched Starling in 2014 after stints at Allied Irish Banks and Lloyds, cut her holdings in the digital bank to near 2.7 per cent from a previous 4.3 per [...]

    Anne Boden speaking at a business conference, highlighting financial innovations and industry leadership.
  • Chrysalis raises Klarna valuation ahead of fintech’s planned IPO

    Fintech

    Chrysalis raised the valuation it assigns to its stake in Klarna as the buy-now pay-later (BNPL) giant gears up for a hotly-ancitipated IPO next year.

    Chrysalis said its improved valuation was driven by increases in the share prices of Klarna's publicly listed peers.
  • Jupiter investors accelerate exodus over departure of star stock-picker

    Investment

    London funds house Jupiter saw outflows accelerate in the first six months of the year as investors grew nervous over the departure of star stock picker Ben Whitmore. In its half year report today, the FTSE 250 investment group said it had notched total net outflows of £3.4bn in the six months to the end [...]

    Hedge fund Saba Capital owns a significant stake in all seven trusts.

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