GameStop postpones shareholder meet to June 17 after technical difficulties
Video game retailer GameStop (NYSE:GME) said that its virtual annual shareholders’ meeting on Thursday was postponed without any business being conducted due to technical difficulties. The company, at the center of a meme stock frenzy, said that the meet scheduled for 10 a.m. CT (1500 GMT) was adjourned due to technical problems with the third-party […]
UK’s Monzo reports first annual profit, targets European expansion
Monzo reported its first annual profit on Monday in a milestone for the fast-growing British digital bank and said it would open an office in Ireland as it looks to expand into other European markets. The mobile app-based bank has amassed 9.7 million customers in Britain since its launch in 2015 but had previously found […]
Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO
LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant Deutsche Bank in a deal that will help the company triple sales in the next couple of years and move closer toward an initial public offering. The company, which offers shoppers the ability to purchase items and pay […]