Posted Thursday 27th June 2019
The latest Series F round of fundraising gives Monzo a £2 billion valuation. The challenger bank is rapidly growing with over 2 million account holders. The funding round was led by Y Combinator’s “Continuity” growth fund.
As our very own Matthew Overton puts it… “The blurring of crypto and privacy concerns in one neat regulatory-nightmare package, or simply the natural extension of the ubiquity of Facebook? What will Libra mean for us all?”
Amazon is helping a hundred brands by sponsoring ten pop-up shops across Britain over the next year. The sponsorship will provide online-only brands with a physical presence in-store. Could we see a shift in the future make-up of our high-streets?
The fast-growing nursery group “Kids Planet” has received follow on funding of £6.5m from BGF to provide further funding for additional expansion and new site openings. A very good illustration of how BGF is supporting the early stage education and nursery sector.
ThoughtRiver, has launched ‘Lexible’, a new legal language that aims to save millions of working hours every year for global businesses by standardising the interpretation and review of contracts. The lack of standardisation across commercial and consumer contracts can often add to the time that lawyers spend revising contracts. Should law firms be worried?
This month also saw businesses across the city (including Joelson) host a number of events as part of London Tech Week 2019. Take a look at the highlights.
This article is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.
Our monthly summary of recent news items relating to the M&A, Scale-up and Growth capital scene in the UK.
Our monthly summary of recent news items relating to the M&A, Scale-up and Growth capital scene in the UK.
