Ziglu bids to raise funds at a bargain-basement valuation

Ziglu, a UK-based cryptocurrency business that once commanded a £170 million price tag, is looking to raise GBP2 million to stay afloat at a massively discounted GBP10 million valuation. FCA-approved Ziglu lets Brits buy and sell eleven cryptocurrencies, earn yield via its ‘Boost’ products, pay using a debit card, and move and spend money. Last year, the company was on the verge of securing a £170 million sale to Robinhood.

But with market valuations plunging across the sector, Robinhood returned with a watered-down £60 million offer, leading to the abandonment of the deal and the ultimate resignation of founder Mark Hipperson.

According to Sky News, the company is now sounding out investors for a GBP2 million raise that would give it sufficient funding to continue operating until a sale could be agreed.

It recently told investors it planned to suspend some services in order to reduce costs, including a decision not to take on new customers for several months.

aviva-car-insurance listed on couponmatrix.ukbimuno listed on couponmatrix.ukhoodrich listed on couponmatrix.ukmercure listed on couponmatrix.ukpurina listed on couponmatrix.uktypo listed on couponmatrix.uk
aviva-car-insurance listed on couponmatrix.ukThere’s plenty for you to remember when it comes to driving, repairs, servicing, fuel, tax and much more. That’s why Aviva has set the standard for simple yet comprehensive car insurance. When you’ve got a renewal coming close, lower next year’s quote with an Aviva Car Insurance discount code and keep yourself covered without breaking the bank. With multiple levels of insurance to pick between, you can find a cover plan with the additional options you want at an affordable rate.
bimuno listed on couponmatrix.ukKeeping your gut healthy can be a difficult job without a rigorous eating regime. This is where Bimuno steps in, offering a rich fibre to supplement your morning cereal or drink and encourage the good bacteria in your gut. If you’re wanting to keep your gut from gurgling or are experiencing gut problems, utilise a Bimuno promo code to save substantially on their selection of sachets and chewable pastilles. There’s even nifty portable pastilles available to keep your gut going when travelling abroad.
hoodrich listed on couponmatrix.ukUp your street cred whilst keeping comfy with Hoodrich, the Birmingham-borne streetwear brand with an eye for the exceptional. Whether you’re on the lookout for a casual outfit for the weekend or just something snug to wear around the house, be sure to bring a Hoodrich discount code along to cut costs on the next essentials widening your wardrobe. With natural charm and more than a dash of the English street scene, Hoodrich makes looking cool as effortless as it is to wear.
mercure listed on couponmatrix.ukGet the best and most authentic experience whenever you stay at Mercure hotels. They look to immerse you in a destination, be that Bangkok or Paris. With an insider knowledge of local culture and customs, you’re properly introduced to a country, and with a Mercure discount code you can enjoy it all without blowing your holiday budget. There are hotels all over the globe, so look out for Mercure on your next trip away.
purina listed on couponmatrix.ukIf you count cats and dogs amongst your favourite pals on the planet then you’ll love Purina. A parent brand for top-notch pet food suppliers such as Felix, PRO PLAN and Gourmet, that you can give your pet pal dozens of delicious meals for less with a Purina discount code handy. Don’t worry if your pet has any particular special needs or dietary requirements, Purina will have a food option that keeps your best bud purring or wagging away.
typo listed on couponmatrix.ukTypo brings a bit of quirkiness into the every day. From Typo mugs and notebooks to home storage and throws, there’s something to make home, work or school more fun! At Groupon, we believe everyone deserves the chance to save money, so we’ve gathered up the available Typo discount codes plus the best money-saving opportunities. With 20% student discount, multi-buy offers and a year-long sale, there are so many ways to add some Typo to your life for less!