Chrysalis marks down Starling stake again and reduces Klarna holding Banking Chrysalis Investments has slashed the price tag of its Starling stake for the second straight quarter. The British investment trust marked down the value of its holding in the digital bank by five per cent to £356m in the second quarter. This helped contribute to an overall drop of 2.35p per share in Chrysalis’ net [...]
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 [...]
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.
Jupiter investors accelerate exodus over departure of star stock-picker July 26, 2024 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 [...]