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Kensington Mortgages, a specialist broker and lender to the UK's self-employed, has been sold to Barclays Bank UK PLC. The acquisition will allow Barclays to become one of the few major banks with a specialist mortgage offering and provides an exit for Blackstone Tactical Opportunities and Sixth Street. The sale follows an auction...

NFT adoption in the corporate blockchain could come to a halt if more "rug pull" scams arise. In a Sifted article, Demetris Papadopoulos, a marketing consultant and YouTuber who lives in Athens, relays how he lost $1,200 last October when he tried to buy a picture of a cartoon monkey online.  "It was another...

"If a portfolio manager teleported from 2020 into 2030, they would most likely not recognise their industry." Asset managers will increasingly struggle to run global enterprises, as cross-border investments shrink, according to new research. Globalization and cross-border M&A in the asset management industry will atrophy by 2030, with less...

I came across a fintech startup called Pallo over on Product Hunt. It wasn’t just the product that intrigued me, but the freelancers-turned-founders’ back story. Pallo, an AI integrated business and personal finance app designed by freelancers for freelancers, promises to be a game-changer for independent workers. Some of the first questions that come...

Industry experts estimate that investors pay private equity and hedge funds more than $250 billion a year in fees and expenses, which does not take into account additional ancillary fees from limited partners and portfolio companies (Source: JD Supra). Let's digest that figure for a moment. Think of the domino effect greater SEC...

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Nasdaq has added another SPAC deal to its tally with ironSource, a business platform for the app economy, which has entered into a definitive agreement to merge with a group of investors led by Thoma Bravo Advantage (NYSE: TBA) (“TBA”), a publicly-traded special purpose acquisition company. The transaction values ironSource at a pro forma...

Progressive Energy's homegrown hydrogen technology and project could act as a platform for others across the UK and abroad HyNet North West will bring an estimated £17 billion GVA for the North West It will create 5000 jobs within the region by 2025All new gas boilers in the country could be hydrogen-ready by 2025With government support, strategic...

Tesla sees 60% surge in influencer conversations on Twitter post bitcoin investment Tesla has witnessed a dramatic 60% jump in influencer conversations following the electric vehicle manufacturer’s announcement to invest US$1.5bn to incorporate bitcoin into its payment infrastructure, according to GlobalData. However, what is perhaps more telling is that the electric automaker is likely...

The UK and Denmark are world-leaders in genome marking and as such could be the reason why these two countries have detected the latest COVID variant first in Europe, rather than be the sources of the variant, BuzzVestor Media reports. The mutation of the virus, according to experts monitoring the pandemic on an...