Category Archives: Finance

21Mar/23

PitchBook Predicts VC-Backed Exits

PitchBook, the premier data provider for the private and public equity markets, today released PitchBook’s VC Exit Predictor, a new tool and scoring methodology that objectively assesses a startup’s prospect of a successful exit. The tool leverages machine learning and PitchBook’s database of information on VC companies, financing rounds and investors. The primary component underpinning the tool is a classification model developed by PitchBook’s Institutional Research Group that predicts the probability a VC-backed startup will ultimately be acquired, go public, or not exit due to failure or becoming self-sustaining. PitchBook’s VC Exit Predictor is accessible within the PitchBook Platform and can be found on company profiles and in advanced search. Continue reading

14Mar/23

Silicon Valley Bank: how interest rates helped trigger its collapse and what central bankers should do next

Charles Read, University of Cambridge

A former prime minister of Britain, Harold Wilson, is famous for remarking that a week is a long time in politics. But in the world of finance, it seems everything can change in just two days.

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13Mar/23

HSBC will acquire the assets of SVB UK. Deposits will be protected

Here’s the HM Treasury statement:

Silicon Valley Bank (UK) Ltd has today been sold to HSBC. HSBC is headquartered in London, is the largest bank in Europe and is one of the world’s largest banking and financial services institutions, serving 39 million customers globally. Customers of SVB UK will be able to access their deposits and banking services as normal from today.
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10Mar/23

The Institute of Chartered Accountants in England and Wales (ICAEW) aim to change the face of accountancy with the launch of their third consecutive virtual work experience programme in collaboration with Cappfinity

ICAEW has launched their latest virtual work experience programme in partnership with HR tech firm, Cappfinity. The professional membership body, which represents the interests of 195,000 members and students around the world and has 13 offices worldwide, launched its 2023 campaign following the success of its innovative work experience programme in 2021 and 2022. Continue reading

09Mar/23

Lloyds Banking Group invests £10 million in digital identity company Yoti

Lloyds Banking Group has invested £10 million in digital identity company Yoti, an investment which supports the development of innovative technology to keep people safe online, tackle the ever-growing risks of identity fraud, and give people more control over their personal data. Continue reading

14Feb/23

Klarna announces global campaign starring Paris Hilton, in collaboration with Hilton’s 11:11 Media

Klarna, the leading global bank, payments and shopping service, today announced the launch of its global multimedia campaign starring Y2K icon Paris Hilton, in collaboration with Hilton’s next-gen media company, 11:11 Media. The campaign features Paris in a series of films responding to Klarna’s flexible payments and shopping app features with her newest catchphrase, ‘That’s Smoooth,’ proving that even the most experienced shoppers are impressed by Klarna’s elevated shopping products. Continue reading

05Feb/23

New Research from Paragon DCX Reveals Asset and Wealth Management Sector Is Struggling with Digital Transformation

New research commissioned by digital transformation and marketing agency Paragon DCX has revealed that the asset and wealth management sector is struggling to prioritise digital transformation. Continue reading

30Jan/23

S&P Global Market Intelligence Launches Country Risk Scores & Economic Data and Insights on S&P Capital IQ Pro

S&P Global Market Intelligence, a provider of information services and solutions to global markets, today announced the launch of Country Risk Scores and Economic data and insights on its S&P Capital IQ Pro platform. This new enhancement will include high level country risk scores, country summaries and macroeconomic indicators on the division’s flagship workflow solution and data platform. Originally developed by IHS Markit, the addition of the sovereign and economic insights onto S&P Capital IQ Pro is one of the many product launches resulting from its merger with S&P Global. Continue reading

27Jan/23

Bitpanda Technology Solutions launches a SaaS product for Banks, Fintechs and other platforms

Bitpanda, the leading European digital asset platform, is excited to announce the launch of Bitpanda Technology Solutions, the most scalable Investing-as a-service infrastructure available in Europe and globally. Already serving 20+ million customers with its initial White Label API, Bitpanda Technologies Solution is now adding features, asset classes and several regulatory licences to its offering. Continue reading

16Jan/23

Splitit, Alipay form partnership to power ‘Pay After Delivery’ installments on AliExpress

Splitit Payments Limited (“Splitit” or the “Company”) (ASX:SPT, OTCQX:SPTTY), the only white-label service allowing customers to pay by installments using their existing credit on their payment card at checkout, announces that Splitit and Alipay have formed a partnership to power the ‘Pay After Delivery’ option for shoppers on AliExpress, a global eCommerce marketplace owned by the Alibaba Group. The service will initially launch in Germany, France and Spain, with plans to expand into other international markets. Continue reading