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.

Tags:

boots-photo listed on couponmatrix.ukchiltern-railways listed on couponmatrix.uklatest-in-beauty listed on couponmatrix.ukoak-furniture-superstore listed on couponmatrix.uktech-trade listed on couponmatrix.uktoolstop listed on couponmatrix.uk
boots-photo listed on couponmatrix.ukThere are so many different ways in which you can relish your most treasured memories at Boots Photo. Whether you want a photo on your morning mug of coffee or the cushion you cradle when you first step through the door after work, a Boots Photo discount code can ensure you get a great price on the photos you love. You can even pick up a photo-embossed phone case to keep a precious moment immortalised on your handset, should you so desire!
chiltern-railways listed on couponmatrix.ukCommuters of the West Midlands rejoice because Chiltern Railways have got you covered and endeavour to get you from point A to B and back again as quickly and stress-free as possible. Whether you’re from Warwickshire, Buckinghamshire or Oxfordshire, let a Chiltern Railways discount code take you further for far less. Renowned for their punctuality and consistent performance, you’ll have great difficulty finding a more reliable and trustworthy train provider in the UK.
latest-in-beauty listed on couponmatrix.ukThe beauty industry is well and truly booming right now. As our online lives become increasingly curated, looking good is definitely a number one priority for both men and women. Latest in beauty were one of the first companies to offer a ‘try before you buy’ approach, giving customers the chance to choose their own products. And, with the Latest in Beauty promo code, you have even more of an incentive to test out that freedom, when it comes to looking good and feeling fine.
oak-furniture-superstore listed on couponmatrix.ukOak Furniture Superstore aims to bring highest quality oak furniture to your home, offering strength and durability to last a lifetime. When you use an Oak Furniture Superstore discount code from Groupon, you’ll enjoy savings across their range of dining, living room and bedroom furniture - all expertly designed here in the UK, using sustainably sourced oak. Set a tone of quality and comfort with any of Oak Furniture Superstore's signature pieces and make your house a home.
tech-trade listed on couponmatrix.ukWhen you’re looking for high-grade technology at below-budget prices, look no further than Tech Trade! Providing a platform to acquire refurbished Macs and high-performance gaming computers, all that’s needed is a Tech Trade discount code to ensure you get the computing that matches your demands without breaking the bank. With iPads, virtual reality, accessories and gaming consoles to bolster its inventory, you’re free to enjoy a gargantuan amount of gaming hardware thanks to the variety and prices at Tech Trade. At Groupon we know that there are plenty of students who enjoy taking a break with a good gaming session. If that’s the case, then you’ll love the extra savings students can enjoy at Tech Trade, with the brand hosting a dedicated student discount of 10% off every order. Any university or college students seeking that little extra TLC without rinsing the few funds they have should navigate to the ‘Student’ tab, verify their credentials with StudentBeans and enjoy the free money-off provided at Tech Trade. Both portable and powerful, MacBooks have become a staple of today’s technology. It’s no surprise then that Tech Trade MacBooks are available in a variety of models including the Air, Pro and Retina. Those seeking some a refurbished Apple product that delivers on every level should utilise a Tech Trade coupon code to knock the cost of their new computer and enjoy endless hours of digital fun that’ll more than make up the price of their investment.
toolstop listed on couponmatrix.ukAre you a regular trades-person or just love getting your hands dirty with a bit of DIY? Whatever your next project, Toolstop’s huge range of power tools, hand tools and gardening essentials will make your next project that little bit easier. Grab your exclusive Toolstop discount code and benefit from top-quality products at even better prices. Whether you’re knocking down walls or simply putting up a shelf, Toolstop has the solution for you.