Payments firm Worldline in talks to spin off terminals business for €2.3bn February 21, 2022 French payments giant Worldline has confirmed it is in exclusive talks to spin off its terminals business to US Apollo Funds for €2.3bn deal, the firm announced today.
Exclusive: UK’s leading fintech bosses call on government to ramp up efforts to overhaul regulation February 21, 2022 A group of the UK’s leading fintech bosses have called on the Government to ramp up efforts to overhaul regulation and build a world-leading environment for the sector, in a letter seen exclusively by City PM Bosses at over 70 of the biggest fintech firms in the UK, including digital banks Monzo and Starling, payments [...]
SS&C passes hurdles for Blue Prism takeover as London delisting approaches February 21, 2022 US fintech SS&C has passed all the regulatory hurdles in its £1.24bn takeover of British tech firm Blue Prism this morning The next step is the court hearing on 14 March to ratify the scheme before the last day of trading on 15 March. The shares are set to be delist from the London Stock Exchange [...]
iEnergizer heads toward record year as bosses forecast bumper revenues February 21, 2022 London-listed IT firm iEnergizer has forecast a jump in earnings as it heads towards the end its financial year on March 31.
PrimaryBid gets backing from SoftBank in $190m funding round February 21, 2022 London-based retail investment platform PrimaryBid has today closed a $190m funding round as readies to ramp up its growth across Europe and the US.
Lotus eyes up IPO to supercharge production February 21, 2022 Iconic British car maker Lotus is heading towards a multi-billion pound floatation as it readies to open a new production plant in China and targets 100,000 sales a year by 2030.
Government opens consultation into Huawei switch-off following six month Covid delay February 20, 2022 The government have launched a consultation with telecoms firms on controlling the use of Huawei in the UK following the announcement this week that it had delayed the removal by six months due to Covid. Ministers had originally planned to cut the share of Huawei equipment to 35 per cent of the full fibre and [...]
Schools sound alarm over ‘Tinder for teens’ app February 20, 2022 Schools and campaigners have warned against a new social media platform, Yubo, which an investigation has shown is exposing children to abuse. The “Tinder for teens” app allows children aged 13 to 17 to match with dates and join video calls of hundreds of people. A Sunday Times investigation found that there was no age [...]
Blavatnik’s firm pumps $4.3bn into sports media group DAZN February 19, 2022 Billionaire investor Sir Len Blavatnik has announced a $4.3bn capital injection into sports media firm DAZN as the firm eyes an expansion into betting, gaming and NFTs.
Cabinet backs plans to clampdown on tech giants with strict new content laws February 19, 2022 Home office plans to roll out world’s most stringent internet safety laws have won the backing of the cabinet as the government looks to shift responsibility for harmful online content on to tech giants.
