Tagged: ziglu

Robinhood Cancels Ziglu Acquisition as it Reduces Expenses

  Robinhood (NASDAQ:HOOD) revealed it has canceled the acquisition of Ziglu, a UK Fintech that opened the door to a new market. Ziglu holds an e-money license and is regulated by the UK Financial Conduct Authority. Ziglu provides crypto trading in the UK as well… Read More

Robinhood Hovers After Investors Ruminate Results

Robinhood (NASDAQ:HOOD) posted Q4 and full year 2022 results yesterday that delivered a net loss of $166 million, or an EPS of -$0.19, compared with net loss of $175 million, or EPS of -$0.20, in the third quarter of 2022. For the full year, Robinhood… Read More

Robinhood’s Shares Down Dramatically from IPO Price of $38 as Firm Deliver Slightly Better Q3 Numbers

Robinhood (NASDAQ:HOOD) announced earnings yesterday that delivered a slightly better result than anticipated. Today, shares in Robinhood are inching higher – fighting a down market day – but minor gains belie a company that has lost around 2/3s of its value since its initial public… Read More

Ziglu Haircut. Robinhood Slashes Payment to Purchase UK Based Firm by More than Half, Retail Investors Lose Out

Earlier this year, Robinhood (NASDAQ:HOOD) made a big announcement regarding expanding services across the Atlantic. The social investment platform announced the acquisition of Ziglu in the UK – an FCA-regulated e-Money platform and crypto asset provider. All subject to regulatory approval, of course. A few days… Read More

Money App Ziglu Partners with ClearBank

Ziglu, a UK-based e-Money institution and crypto platform, has announced a partnership with  ClearBank, a “cloud-based clearing bank.” ClearBank is regulated by the UK Financial Conduct Authority and the Prudential Regulation Authority. According to a company statement, Ziglu will be utilizing ClearBank’s platform to provide… Read More

Robinhood to Acquire UK e-Money Firm Ziglu

Robinhood (NASDAQ:HOOD) has agreed to acquire UK Fintech Ziglu. In a blog post today, Robinhood said the acquisition is part of its goal to expand internationally in the UK as well as continental Europe. Ziglu is a regulated e-Money institution that operates as a neobank… Read More

Fintech Ziglu Tops £6 Million on Seedrs

Neobank Ziglu has topped £6 million on Seedrs after easily surpassing its £1 million initial target. As was previously reported, Ziglu is raising growth capital at a pre-money valuation of £85 million. The EIS qualified offering is selling equity at a per share price of… Read More

UK’s Investment App Ziglu Introduces Fee-Free Euro Account

UK-headquartered banking, exchange, and investment app Ziglu is introducing a fee-free Euro account which has been designed to enable tourists and business travelers to spend “without incurring currency exchange charges.” The account, which is an addition to Ziglu’s sterling current account, is being introduced as… Read More

UK Money App Ziglu Hits Seedrs Target in 81 Minutes

UK-based money app Ziglu this week its £1 million crowdfund oversubscribed in 81 minutes, beating its previous record of three hours. The campaign was launched on Seedrs, an equity crowdfunding platform. Ziglu is raising equity capital at a pre-money valuation of £85 million. Ziglu’s previous… Read More

UK Cryptocurrency Ownership Could Double in 2021: Ziglu

One in nine adults in the United Kingdom could make their first cryptocurrency purchase over the next year, data from UK money app Ziglu suggests. Should they all take the plunge that would mean 21 percent of UK adults would own some digital currency. Of… Read More

Investor Protections Vital to Growing Crypto Markets: Ziglu CEO

Recent Financial Conduct Authority (FCA) statements on the growth of cryptocurrency ownership among adults in the United Kingdom highlight the need to provide more support and protection for those investors Ziglu founder and CEO Mark Hipperson said. A UK-based money app, Ziglu allows users to… Read More

UK’s Money App Ziglu, Created by Starling Bank Co-Founder, to Offer 5% APY Investment Product

UK based money app Ziglu, which has been developed by Mark Hipperson, one of the founders of Starling Bank, reveals that it will be introducing an investment product offering that will provide an interest rate of 5% APY. Called Sterling Boost, the product will be… Read More

UK’s Money App Ziglu, Created by a Starling Bank Founder, Adds Chainlink (LINK)

UK-headquartered money app provider Ziglu, which was developed by Mark Hipperson, a founder of Starling Bank, and enables clients to purchase, hold and sell various digital currencies, is reportedly expanding its list of supported crypto-assets it offers with Chainlink (LINK). The addition of LINK, which… Read More

Ziglu, an App Seeking to Bring the Challenger Bank Experience to Crypto, Says Customers Have Doubled During Lockdown

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Ziglu, an app-based service facilitating crypto purchases and transfers, says the number of customers has doubled during the lockdown. Ziglu, founded by Starling Bank co-founder Mark Hipperson, aims to provide a digital bank-like experience for the fast-growing crypto-asset sector. In 2020, Ziglu emerged as the… Read More

Ziglu Claims Title as Largest Equity Crowdfunding Round of 2020 on Seedrs

Money app Ziglu says that its equity crowdfunding round is the largest offering on Seedrs for all of 2020. The securities offering closed on Seedrs this past fall. The Fintech raised over £6 million backed by about 1250 investors. Ziglu set a low-end hurdle of… Read More

E-Money Institution Ziglu Celebrates Mastercard Debit Card launch By Announcing Christmas Charity Campaign

FCA authorized e-Money Institution Ziglu is celebrating its Mastercard debit card launch by announced its Christmas Charity Campaign. The company reported it is planning to donate the price of a meal to Fareshare every time a customer uses their card for their supermarket shop online and… Read More

Update: e-Money Institution Ziglu Set to Close Seedrs Round With More Than £2.9 Million Raised

FCA authorized e-Money Institution Ziglu is set to close its equity crowdfunding campaign on Seedrs with more than £2.9 million raised. The funding round was launched last month and quickly secured its initial £1 million funding target. The campaign also attracted over 1100 Seedrs investors…. Read More

Update: Ziglu’s Seedrs Round Now Nearing £2.4 Million Raised

Less than two weeks after launching its equity crowdfunding campaign on Seedrs, FCA authorized e-Money Institution Ziglu has successfully secured nearly £2.4 million from more than 800 Seedrs investors. Founded in 2018 by former Starling Bank CTO Mark Hipperson, Ziglu states it has built a… Read More

Ziglu Zooms to Over £1 Million on Seedrs in Just 3 Hours

FCA authorized e-Money Institution Ziglu kicked off a crowdfunding round on Seedrs today and quickly topped its £1 million goal. The offering is live for up to 40 more days. According to the offering page, Ziglu is selling equity in the company at a pre-money… Read More

Fiat to Crypto Platform Ziglu Raises £5.25 Million Seed Round

London based Ziglu, has raised a significant £5.25 million in seed funding from unnamed investors, according to a company release. Ziglu is a crypto to fiat exchange that claims to quickly and competitively exchange currency with cryptocurrency, currently including Bitcoin, Ether, Bitcoin Cash and Litecoin…. Read More

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