2020-6-15 10:00 |
U.K.-based cryptocurrency platform Ziglu has launched, following a $6.6 million seed round.
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UK fintech firm Ziglu announced that it would be acquired by trading platform Robinhood at a significant markdown of the original price agreed upon. The post Robinhood Acquires Ziglu for Below Half of Agreed Price appeared first on BeInCrypto.
Robinhood announced Tuesday that it has agreed to acquire Ziglu, a fintech startup based in London that enables users to trade bitcoin and a variety of other cryptocurrencies. Robinhood’s stock increased nearly 6% Tuesday following the announcement of the Ziglu acquisition.
Coinspeaker UBS Postpones Its Digital Settlement Coin Project with BarclaysSeveral major banks are part of the Fnality International project. Fnality is working to create digital versions of five major fiat currencies, including the dollar and yen.
London-based challenger bank Ziglu said Monday that it has been licensed as an Electronic Money Institution (EMI) by the U. K. ’s Financial Conduct Authority. After receiving the permit, the fintech start-up immediately launched peer-to-peer (P2P) payments for both crypto and fiat currencies.
Coinspeaker Ziglu Gets FCA License to Offer P2P Payment Service, Aims to Reach 100M Customers in 7 YearsToday, Ziglu has announced that its customers can send cryptocurrency to other people, as well as buy and sell crypto from its app.
Mark Hipperson, the former head of Barclays, recently shared his plans of launching a new digital banking venture dubbed Ziglu in the U. K. in 2020. This, according to a report by San Francisco Tribe, January 6, 2020.