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:

tui listed on couponmatrix.ukfenn-wright-manson listed on couponmatrix.ukhome-essentials listed on couponmatrix.uknorthern-parrots listed on couponmatrix.ukpriority-pass listed on couponmatrix.uktiffany-rose listed on couponmatrix.uk
tui listed on couponmatrix.ukFrom staycations to beach holidays, travel starts with TUI. Whether you’re into city-hopping or sinking into a sun lounger, sampling local cuisine or indulging with all-inclusive, TUI holidays are an experience everyone should get to enjoy. You can find some amazing travel deals and book a TUI hotel, flight or both at once, and there’s a range of TUI cruises that’ll take you across entire continents. When you’re ready to wave goodbye to the rain (unless that’s your thing), make a quick stop at Groupon for the latest TUI discount codes to save double or even triple digits on holiday packages across the globe: from Tenerife to Tokyo. Every once in a while, we all need a little escape, so shake out the sunscreen, pack your bags and get ready to live life in the slow lane with TUI.
fenn-wright-manson listed on couponmatrix.ukFenn Wright Manson is a luxury fashion designer for women who enjoy the finer things in life. If you have a wedding, day at the races, or business meeting coming up, you’ll be spoilt for choice when you utilise the amazing savings your Fenn Wright Manson discount code unlocks. With incredible tailoring specifically designed to suit all feminine figures, Fenn Wright Manson should be the only name on your lips when you’re looking for a stunning outfit to impress.
home-essentials listed on couponmatrix.ukFrom kitchen appliances and furniture to the latest tech and beauty bestsellers, Home Essentials is your online shopping destination for all life’s little comforts. Shop today with an exclusive Home Essentials discount code and bring home modern must-haves for a fraction of the price. Whether you want to redecorate your bedroom with soft furnishings or purchase the perfect gift for a special someone, Home Essentials can turn your wish into a reality.
northern-parrots listed on couponmatrix.ukNorthern Parrots is one of the leading suppliers of pet birds in the UK. They offer a wide range of products and accessories for all kinds of birds, from parakeets to macaws. Northern Parrots also have a strong commitment to animal welfare, and work closely with charities to rescue and rehome abandoned and neglected parrots. If you're looking for a Northern Parrots discount code, you're in luck! We've got a great selection of codes that will help you save money on your next purchase. Whether you're looking for a new bird cage or some tasty bird food, we've got you covered. So take a look and see what we've got to offer! At Groupon, we know that saving money is important to our customers. That's why we work hard to find the best Northern Parrots discount codes and deals. We scour the internet for codes and deals, so you don't have to. And we'll always keep you up-to-date on the latest offers, so you can make sure you're getting the best possible deal. If you're looking for a top-quality bird cage, look no further than Northern Parrots. Their cages are made from high-quality materials and are designed to provide your bird with plenty of space to move around and exercise. They also have a wide range of accessories to make your bird's life more comfortable, including perches, feeders, and water bottles. And don't forget to use a Northern Parrots voucher code to save money on your purchase!
priority-pass listed on couponmatrix.ukGet your journey off on the right foot with an airport lounge experience from Priority Pass. Access the world’s largest independently owned lounge program and slip into the holiday mindset with complimentary drinks, snacks and a tranquil, soothing space. Don’t forget to snap up a Priority Pass discount code from us when you sign up to join, and you could relax and enjoy a little bit of luxury before every flight without breaking the bank.
tiffany-rose listed on couponmatrix.ukTiffany Rose helps bring out the beautiful in every curved belly through an array of elegant maternity dresses for both everyday wear and special occasions. Whether you want something comfy and convenient for nursing or are seeking a jaw-dropping maternity wedding gown to wear down the aisle, a Tiffany Rose discount code can ensure you compliment your curve at a fraction of the cost. You’ve got plenty on your plate growing another human being, so let Tiffany Rose look after your looks in the meantime. Should you have friends or family going through their own pregnancy journey, you can help them look as good as they deserve by buying them a Tiffany Rose gift voucher. Delivered instantly via email and capable of being topped up with any custom value you can afford, a gift voucher is an ideal way to help widen a pregnant woman’s wardrobe on a budget. What’s more, you don’t need to use up the full balance when redeeming the voucher, meaning it can be applied to consecutive shops. There’s little more important than feeling beautiful on your own wedding day, especially when there’s a third family member heading down the aisle with you. Accentuating your baby bump in the best way possible, you can use Tiffany Rose vouchers to bag a wonderful Tiffany Rose wedding dress of your own at a bargain price. With both full and knee-length designs to pick between, you’re free to opt for whichever wedding dress styles vibes best with you and your plus one.