Metaverse launch leads to surge in UK virtual reality investment January 12, 2022 Investment into the UK’s virtual reality sector hit record levels after the launch of the Metaverse in August.
Checkout.com hits $40bn valuation as it raises $1bn for US expansion January 12, 2022 Payments giant Checkout.com has closed a mammoth $1bn funding round as it gears up for a major US expansion, the firm announced today. The funding round values the payments processor at $40bn and places it firmly among Europe’s most valuable fintechs. The latest round was backed by investors including Altimeter, Dragoneer, and the Qatar Investment [...]
Trustpilot revenues jump after bookings boost January 12, 2022 Trustpilot has announced a jump in revenue this morning after an uptick in bookings.
Fund manager says Unilever has ‘lost the plot’ with focus on purpose over profit January 12, 2022 Fund manager Terry Smith has accused Unilever of “losing the plot” with its focus on sustainability.
Morgan Stanley to boost bonuses for top performers as M&A boom continues January 12, 2022 Morgan Stanley will boost the bonuses of its top-performers by 20% with M&A bankers in line for bumper payouts, according to news reports.
Hedge fund billionaire Alan Howard pockets £56m in bumper earnings January 12, 2022 Hedge fund billionaire Alan Howard earned almost £56m last year as the Brevan Howard hedge fund paid out bumper earnings to employees. The Tory donor and prominent philanthropist is believed to be the highest paid member detailed in Brevan Howard’s recent accounts who received £55.8m in the year to March 2021, The Times reported today. [...]
Crowdcube faces watchdog investigations over failed fast-food firm January 12, 2022 Crowdfunding platform Crowdcube faces a slew of investigations after a group of investors say it failed to verify a company’s business plans.
Buyout giants launch takeover bid for Boots January 11, 2022 Two buyout giants have teamed up to launch a multibillion pound takeover bid for high street chemist Boots, according to news reports. Bain Capital and CVC Capital Partners are reportedly putting together a joint bid for the 172-year-old chain after the firm was reported to be lined up for sale by owner Walgreens Boots Alliance [...]
Citadel Securities sells $1.15bn stake as it eyes up global expansion January 11, 2022 Electronic trading firm Citadel Securities as the firm reportedly gears up for international expansion.
Getir targets $12bn valuation in new funding round January 11, 2022 Rapid grocery delivery firm Getir is targeting a valuation of $12bn in new a fundraising round.
