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Metro Bank is acquiring peer-to-peer lender RateSetter for up to £12M

Metro Bank is acquiring peer-to-peer lender RateSetter for up to £12M

by admin | Aug 3, 2020 | News

Incumbent banks acquiring fintechs is nothing new, and amidst the coronavirus crisis, we can likely expect to see that trend continue. The latest such move comes from publicly-listed Metro Bank which today has announced its intention to purchase peer-to-peer lender...
Google to invest $450M in smart home security solutions provider ADT

Google to invest $450M in smart home security solutions provider ADT

by admin | Aug 3, 2020 | News

Google said on Monday it will invest $450 million in ADT and work with the Florida-headquartered firm’s technicians to sell and install Google’s Nest family of smart home products. As part of the long-term investment — which is granting Google a 6.6% stake in ADT —...
Pompeo says U.S. may take action against TikTok and other Chinese tech companies “shortly”

Pompeo says U.S. may take action against TikTok and other Chinese tech companies “shortly”

by admin | Aug 3, 2020 | News

Days after President Donald Trump announced he could use an executive order to ban TikTok from the United States, Secretary of State Michael Pompeo said the administration is “closing in on a solution and I think you’ll see the president’s announcement shortly.” In an...
Microsoft pursuing TikTok purchase by September 15th, may invite U.S. investors to deal

Microsoft pursuing TikTok purchase by September 15th, may invite U.S. investors to deal

by admin | Aug 3, 2020 | News

Microsoft has posted a statement today on its corporate blog that says it will continue discussions on a potential TikTok purchase in the U.S.. As a part of the statement, it says that it may invite other “American investors” to participate on a minority basis. The...
SpaceX and NASA successfully return Crew Dragon spacecraft to Earth with astronauts on board

SpaceX and NASA successfully return Crew Dragon spacecraft to Earth with astronauts on board

by admin | Aug 2, 2020 | News

SpaceX and NASA have made history once again, successfully completing the crucial final phase of their Demo-2 mission for the Crew Dragon spacecraft, SpaceX’s first spacecraft made for human flight. This marks the end of this last demonstration mission, which flew...
It looks like Sequoia has hired a second partner in Europe: Revolut product lead George Robson

It looks like Sequoia has hired a second partner in Europe: Revolut product lead George Robson

by admin | Aug 2, 2020 | News

Silicon Valley venture capital firm Sequoia Capital recently set up shop in Europe after hiring Luciana Lixandru away from Accel’s London office. Now, according to a tweet by Revolut product lead George Robson, the VC has recruited a second European partner. Robson,...
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