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Virgin Media restores internet service after outages across UK – as it happened

TheGuardian

Follow all our live coverage of business, economics and financial markets It has not been a great day for companies bearing the Virgin brand. Virgin Orbit, the satellite launch company started by Sir Richard Branson, has filed for US bankruptcy protection.

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TransferWise Reports 66 Pct. Profit Growth YOY

PYMNTS

The London-based firm, backed by Peter Thiel’s Valar Ventures and Sir Richard Branson, said it recorded £179 million ($223 million) of revenue for the fiscal year ending March 2019, up from £117 ($146 million) the previous year. Net profit was £10.3 million pounds ($12.8

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Peter Thiel-Backed Unicorn TransferWise Posts Record Profits

PYMNTS

The London-based firm, backed by Peter Thiel’s Valar Ventures and Sir Richard Branson, said it recorded £179 million ($223 million) of revenue for the fiscal year ending March 2019, up from £117 ($146 million) the previous year. Net profit was £10.3 million pounds ($12.8

Fintech 115
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Peter Thiel-Backed $3.5B FinTech Unicorn TransferWise Posts Record Profits

PYMNTS

The London-based firm, backed by Peter Thiel’s Valar Ventures and Sir Richard Branson, said it recorded £179 million ($223 million) of revenue for the fiscal year ending March 2019, up from £117 ($146 million) the previous year. Net profit was £10.3 million pounds ($12.8

Fintech 100
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Virgin’s Richard Branson Raising Capital For Acquisition Opportunities Created By COVID-19

PYMNTS

A company recently created by billionaire Virgin Atlantic Founder Richard Branson plans to raise between $400 million and $460 million to acquire a yet-to-be identified business that is available at an attractive price due to the COVID-19 pandemic, according to a Wednesday (Sept. VG Acquisitions Corp., VG Acquisitions Corp.,

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TransferWise Seeks To Raise Up To $300M

PYMNTS

The company’s past investors include English business magnate Richard Branson and PayPal founders Peter Thiel and Max Levchin. TransferWise also now formally allows payments via PayNow after experimenting with the service, The Business Times reported.

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Facebook And Google Opt Into Berners-Lee Data Privacy ‘Contract’

PYMNTS

A report published with the contract revealed that nearly 60 companies, governments and business leaders have signed up for the contract, including Facebook, Google, the French government and billionaire Richard Branson.

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