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Britain’s banks have been accused of ‘sending a terrible message’ to entrepreneurs by leaving new business account customers out in the cold. Many High Street giants stopped offering business accounts at the start of the pandemic, claiming they wanted to focus on existing customers. But while some have finally started accepting applications again, wildly divergent … Read more
Tony Blair’s son Euan could now be worth almost £73million after the education technology start-up he founded was valued at £147million. The London-based firm, named Multiverse, has announced plans for a global expansion after recently securing new investment. The investment, believed to be in the region of £32million, values the apprenticeship firm at £147million. Mr … Read more
Made In Chelsea star Spencer Matthews raises £7m for low-alcohol drinks start-up CleanCo By Daily Mail City & Finance Reporter Published: 21:51 GMT, 18 January 2021 | Updated: 21:51 GMT, 18 January 2021 Reality TV star Spencer Matthews has bagged £7million of investment for his low-alcohol spirits business CleanCo. Matthews, who appeared in Made In … Read more
A new platform connecting startups with potential business partners has launched, spurred on by an increase in people taking the plunge to become entrepreneurs during the pandemic. Object Astra is a platform designed to help people with a business idea find professionals with the skills and know-how they need to give them ‘sweat equity’. In … Read more
Fintech start-up Lanistar drops celebrity backer claims after 3,000 Instagram influencers were paid to promote its debit card Lanistar signed up footballer Kevin de Bruyne and Love Island’s Amber Gill It claimed to be ‘part-owned’ by ‘influential people’ in its launch campaign But the company has since dropped those claims Lanistar could not say how … Read more
Space exploration is expensive, and NASA is always looking for ways to economize. The US space agency will be saving some big bucks by paying a Colorado startup just $1 to collect soil samples from the moon. The company, Lunar Outpost, has agreed to send a rover to the lunar South Pole in 2023 to … Read more
FCA takes down Lanistar warning notice after the fintech firm pledges to make clear debit card marketed by influencers won’t launch until January Lanistar launched a viral marketing campaign last week to drum up interest It claimed its debit card would be the ‘world’s most secure’ The FCA warned last Wednesday it was operating without … Read more
A fintech start-up which paid more than 3,000 influencers including Premier League footballers and Love Island stars to promote a debit card it claimed would be ‘one of the world’s most secure’ has been accused by the financial regulator of peddling its products without authorisation. The Financial Conduct Authority issued a warning about Lanistar, which … Read more
Jay-Z and tennis ace Novak Djokovic ‘invest in fitness start-up’… after rapper’s wife Beyoncé partnered with Peloton By Eve Buckland For Mailonline Published: 10:54 GMT, 19 November 2020 | Updated: 10:54 GMT, 19 November 2020 Jay-Z and Novak Djokovic have reportedly invested in a new fitness start-up, The rapper – worth $1billion – and the … Read more
Humans produce more than 300 million tons of plastic a year, half of which is single-use and About 26.8 million tons goes into landfills but more than eight million tons finds its way into the ocean. Now a UK startup is doing its part to break our global plastic addiction with an eco-friendly casing that can … Read more