Fintech firm Pipe secures $2bn valuation after funding round May 19, 2021 Pipe, a startup that allows companies to sell their recurring revenue streams, has secured a valuation of $2bn (£1.4bn) following a fresh funding round. The fintech firm today said it had raised a further $250m in a round led by venture capital firm Greenspring Associates. New investors such as Morgan Stanley’s investment arm Counterpoint Global, [...]
5 jobs available in London this week May 19, 2021 Are you on the hunt for a new and exciting role? We’ve noticed a huge increase in the amount of jobs being posted to our job board lately (which makes a lot of sense considering that the world is slowly returning to normal). Anyway, we wanted to share some of these jobs with you, in [...]
City Moves: Who’s switching jobs in the Square Mile this week? May 19, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Ex Co-op CEO joins Boomin’s board Property site Boomin has bagged itself a retail veteran this week, who is set to join the board as a non-executive director at its next [...]
UK CPI: Inflation rate surges to 1.5 per cent in April May 19, 2021 UK inflation more than doubled to 1.5 per cent in April, up from 0.7 per cent in March, the Office for National Statistics (ONS) said this morning. Economists had forecast a rise of 1.4 per cent, as a jump in electricity and gas bills pushed inflation higher. Core inflation, which excludes energy prices and other [...]
UK tech industry grows tenfold in last decade as London leads Europe May 19, 2021 The UK tech industry has expanded tenfold over the last 10 years as London continues to close the gap on Silicon Valley. Between 2010 and 2020 the number of British unicorns — private tech firms valued at more than $1bn — grew from eight to 81, while the number of companies nearing unicorn status also [...]
Robinhood poised to publish IPO filings ‘as soon as next week’ May 18, 2021 Trading platform Robinhood is reportedly preparing to publish filings for its initial public offering as soon as next week as it gears up to go public next month. The commission-free app, which saw its popularity surge following a retail trading frenzy during the pandemic, is targeting late June for its float, Bloomberg reported. The filings [...]
Uncertain times, strong performance May 18, 2021 | Sponsored Watch Alex Crooke, Fund Manager of The Bankers Investment Trust, in the Trust TV studio as he looks back on an extraordinary year for global markets and discusses the particular challenges he faced. Alex will also outline his views on the optimal global asset allocation, the outlook for dividends in 2021 and beyond, his approach [...]
Emerging Asia-Pacific capital markets: challenges and opportunities May 18, 2021 | City Talk CFA Institute has published ‘The Emerging Asia Pacific Capital Markets: Challenges and Opportunities’. The report, compiled by Larry Cao and Luis Garcia-Feijóo, presents perspectives from local authors on the financial history, current status and outlook for 11 countries. Their insights should be particularly valuable for prospective investors. Many have argued that the 21st century will [...]
Looking forward to WIBF’s June virtual events May 17, 2021 | City Talk Our personal excellence programme and workshops supports the ambitions and develops the skills of our members. Our easy-to-access programme offers support for all levels of experience, helping to guide talent and develop skills.” Our Thought Leadership team bring events highlighting hot topics and news stories affecting the financial services industry right now. You can hear [...]
City A.M. TV: Market Snapshot May 17, 2021 In today’s video we examine the question of whether or not Bitcoin provides any insight into the global equity market direction.
