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Deliveroo's IPO slump casts doubt over London's post-Brexit ambitions - Vimarsana News

Deliveroo's IPO slump casts doubt over London's post-Brexit ambitions

By Abhinav Ramnarayan and Anna Irrera LONDON (Reuters) - Deliveroo's share price plunge on its London stock market debut has put a question mark over Britain's ambitions to become a home for fast-growing tech companies following its departure from the European Union, investors and analysts say. Shares in the food delivery company slumped as much as 30% on Wednesday in one of the biggest first day falls for a stock in London. They were down another 2.2% on Thursday. Many of the reasons for the brutal decline are likely to be company-specific, according to a dozen interviews by Reuters of v...

Analysis: Deliveroo's IPO Slump Casts Doubt Over London's Post-Brexit Ambitions - Vimarsana News

Analysis: Deliveroo's IPO Slump Casts Doubt Over London's Post-Brexit Ambitions

Analysis: Deliveroo's IPO slump casts doubt over London's post-Brexit ambitions Abhinav Ramnarayan , By Abhinav Ramnarayan and Anna Irrera LONDON (Reuters) - Deliveroo's share price plunge on its London stock market debut has put a question mark over Britain's ambitions to become a home for fast-growing tech companies following its departure from the European Union, investors and analysts say. Shares in the food delivery company slumped as much as 30% on Wednesday in one of the biggest first day falls for a stock in London. They were down another 2.2% on ...

Illuminate Financial secures JPMorgan, Barclays backing for new fund - Vimarsana News

Illuminate Financial secures JPMorgan, Barclays backing for new fund

Article content LONDON — Illuminate Financial Management, a London-based venture capital firm that invests in financial technology startups, said on Wednesday that it had closed fundraising for a $100 million fund with backing from JPMorgan Chase & Co and Barclays. The fund, Illuminate’s second, was anchored by Deutsche Börse AG and IHS Markit, with other investors including Draper Esprit and family offices, the venture capital firm said. We apologize, but this video has failed to load. Try refreshing your browser, or Illuminate Financial secures JPMorgan, Barclays backing for new fund ...

Bitcoin ATMs are coming to a gas station near you - Vimarsana News

Bitcoin ATMs are coming to a gas station near you

5 Min Read (Reuters) - A new feature has appeared at smoke shops in Montana, gas stations in the Carolinas and delis in far-flung corners of New York City: a brightly-lit bitcoin ATM, where customers can buy or sell digital currency, and sometimes extract hard cash. The machines have multiplied quickly through the United States over the past year, fueled by a frenzy in crypto trading that sent bitcoin prices over $58,000. Kiosk operators such as CoinFlip and Coin Cloud have installed thousands of ATMs, scouring areas competitors have not yet reached, executives told Reuters. “I just assumed...

Bank boards still not sufficiently tech savvy - Accenture study - Vimarsana News

Bank boards still not sufficiently tech savvy - Accenture study

A third of the world's biggest banks still have no board members with professional technology experience, skills needed to help lenders make ...