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Tag: Anne Boden

Fintech

July 23, 2022

Great Job! UK Starling Bank Achieves Profitability!

Founder and CEO Anne Boden had committed months ago, announcing that Starling Bank would become profitable before the end of 2022. British fintech startup on Thursday reported its debut annual profit as revenues at the firm almost doubled. The digital bank swung to a pre-tax profit of £32.1 million for the financial year ending 31 March 2022 from a pre-tax loss of £31.5 million for the period to 31 March 2021. Revenue for the same period to 31 March 2022 was £188 million, up nearly 93% from 2021.

July 19, 2022

Strategy Change! UK FinTech Starling Withdraws Application for A European Bank!

Amit the FinTech downturn, UK-based neobank Starling Bank has withdrawn its application for a European bank license with the Irish central bank. Starling will instead focus on selling its software-as-a-service product and expanding into new areas of lending, CEO Anne Boden told staff in a memo Monday. Starling is one of the U.K.’s largest online-only banks, with more than 3 million clients, 500,000 of which are businesses.

Fintech

June 19, 2022

Exposed! Starling Bank, Covid Profits, And The Secretive Austrian Beneficial Owner!

A secretive Austrian billionaire controls the UK FinTech unicorn Starling Bank. In June 2015, the reclusive Austrian investor Harald McPike-Zima met its founder, Anne Boden, aboard his yacht in the Bahamas to discuss his investment in the then freshly squeezed neobank. McPike allegedly made his first fortune as professional blackjack player. The former hedge fond manager reportedly invested at least £133m in Starling Bank for nearly two-thirds of the shares and is the controlling person and beneficial owner of Starling Bank says the UK Companies House.

June 9, 2022

FinTech CEO Anne Boden Calls Crypto A Threat To Our Financial System!

Anne Boden, founder and CEO of the Goldman Sachs-backed UK FinTech Starling Bank has doubled down on criticisms of crypto, calling digital currencies a threat to the safety of payment infrastructure. Cryptocurrencies are a threat to the safety of our payment schemes and very dangerous, she said at the Money 20/20 fintech conference in Amsterdam. Starling Bank offers fee-free checking accounts and loans through an app. The firm was last privately valued at $3.1 billion and counts the likes of Goldman and Fidelity as investors.

Cybercrime

January 9, 2022

Respect! Starling Bank boss Anne Boden boycotts Facebook and Instagram!

Mark Zuckerberg's company, now renamed Meta, is the operator of the two most prominent social media platforms, Facebook and Instagram. Allegedly, the renaming was also done because of Facebook's bad reputation. It is well-known that Facebook is a fake news platform and happily promotes scams. Facebook puts itself at the service of cybercriminals if they pay! It's all about money. Recently, scammers promoted the fraudulent Meta Token ICO via Facebook ads. Now the Starling Bank boss Anne Boden boycotts the meta prostitution. Respect!

Fintech

March 8, 2021

Latest UK FinTech Unicorn Starling Bank secures £270m from new shareholders

The C19 pandemic apparently didn't hurt the FinTech hype. On the contrary, while Wise (formerly TransferWise), CoinBase, or eToro have IPO plans with billion-dollar valuations, Sky News reports today that UK FinTech unicorn Starling Bank has received £270M from new investors. Quite impressive, isn't it. Starling Bank will on Monday unveil the biggest fundraising in its seven-year history when it announces that it has secured more than £270m from investors, including one of the world's biggest wealth funds.

A Dutch Case: Money Laundering Charges Against Former Jumbo CEO Frits van Eerd!

Frits van Eerd, the former CEO of Dutch supermarket chain Jumbo, is facing serious legal troubles. He is being prosecuted for corruption, forgery, and potentially money laundering charges. The case stems from a 2022 investigation that led to raids on Van Eerd's properties, where authorities discovered €448,000 in cash stashed in various locations, including a refrigerator. Van Eerd stepped down as Jumbo's CEO in September 2022.

Yacht Analyst Report: The Infamous “History Supreme” Superyacht – A PR Hoax Unveiled!

The tale of the superyacht History Supreme is another lesson of how easily the public can be misled by flashy, outlandish claims, especially in the context of wealth and luxury. Allegedly owned by the Malaysian businessman Robert Kuok, the History Supreme is a cautionary example of the dangers of unchecked sensationalism and remains a prime candidate for the title of "the biggest PR hoax in boating history."

Impressive: Bezos’ $25M-A-Year Superyacht Maintenance Costs!

The $25M annual cost of maintaining Jeff Bezos' superyacht Koru underscores the extreme expenses tied to the world’s most luxurious vessels, even as sustainable technology becomes a factor. Koru is a 127-meter (417-foot) long sailing yacht, making it the largest sailing yacht in the world. It was built by Dutch shipyard Oceanco and delivered in 2023. It is estimated to have cost around $500 million to build.

CyberFinance: MicroStrategy’s Bold $14.6 Billion Bitcoin Bet: Visionary or Risky Gamble?

MicroStrategy’s Bitcoin-focused strategy may be a daring leap into the future of finance, but it’s also fraught with risks. With $14.6 billion in Bitcoin holdings, the company is now almost entirely dependent on the world’s largest cryptocurrency. Chairman Michael Saylor’s vision of Bitcoin as digital gold could reshape corporate investing, but will it pay off? Only time—and Bitcoin’s volatile market—will tell.

ticker

Legal Farce or Political Strategy? The Contradiction of Sanctions Against Russian Oligarch Mikhail Fridman!

The EU’s contradictory stance on the Russian oligarch Mikhail Fridman reveals a troubling inconsistency between political actions and legal orders. Despite the annulment of his sanctions by the EU’s own courts, Fridman remains sanctioned, and his assets frozen. This is more than a legal anomaly—it is a reflection of the deeper politicization of the sanctions process. Fridman filed a $16B lawsuit against Luxemburg.