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Cryptocurrency firm Circle to float in US in $4.5bn merger deal

TheGuardian

Operator behind USD Coin will merge with company chaired by former Barclays chief executive Bob Diamond Circle, the company behind digital currency USD Coin, is to float in the US in a $4.5bn (£3.27bn) merger deal with a company chaired by former Barclays chief executive Bob Diamond.

US 96
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Challenger Bank Praxia Fails In Greece

PYMNTS

Greek challenger bank Praxia , founded by British-American banker and former Barclays CEO Bob Diamond, will be sold to payments processor Viva Wallet after the country’s central bank intervened, according to a report. Praxia had ambitious plans for expansion, with a network of retail stores and business centers in the works.

Lending 141
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Andrea Leadsom held shares in Barclays when questioning bank’s ex-boss

TheGuardian

Exclusive: Revelation about Tory former minister raises questions about adequacy of transparency rules It was her robust questioning of the former Barclays chief executive Bob Diamond that first brought Andrea Leadsom to political prominence.

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Getting Social(ish) In The Supermarket, The Singles Bar For The Age Of Corona

PYMNTS

Feel the need to wear every diamond you’ve ever purchased at once? If every bar, social club and gathering spot in America is closed for business, who’s going to the club? Good news: You’ll have blingy company. Want to wear a gas mask? At this point, many readers have questions.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

They were running the business to raise money, and then to get someone else to take it on,” was how one person described it. via Business Insider. ” via Indianapolis Business Journal. ” via Business Insider. Select VC Investors: SAIC Motor, Foundation Capital, Gil Penchina, Redpoint Ventures. Company: ChaCha.

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