£40m to Ramp up crypto payments firm

Airbnb carries listings of 3 million properties in 65K cities and towns across 191 countries. Wyndham’s European Villas rentals is also vying for this business. Crossword Cybersecurity (CCS) has raised £2m at 290p a share and it will move genrative ai to AIM on 14 December. President Energy (PPC) has raised £2.24m at 1.85p a share via PrimaryBid. Trafigura is subscribing a further $6m at the same share price. Along with a $4.1m debt for equity swap this will reduce debt to around $15m.

In the world of AI, a new wave of Silicon Valley designers is emerging, set on revolutionizing the field of generative AI. NFX, a venture firm, is actively seeking out fresh talent to invest in the design layer of AI, with hopes of transforming it into the next big software innovation. Currently, AI lacks a user-friendly interface and relies on outdated prompt-based systems. However, designers in San Francisco are envisioning a future where design plays a central role in the AI-powered world.

Market makers went about their business though volumes were nothing out of the ordinary. Yesterday, London’s main index lost 48 points at 7348, with Sports Direct and Capita both the big losers on the day easing by 10% and 12% respectively. Ashley is probably more pre-occupied in attempting to sell Newcastle United for between £250 million and £300 million to Amanda Staveley’s consortium, which may come from the Middle East or the Far East. Since 2014 Sports Direct’s share price has dropped from 900p to circa 350p. Since Ashley owns about 61% of the company, selling the Magpies well would have significant merit by adding to his depleted coffers. The seed round will help the company grow its team and onboard even more beta users from its waitlist of more than 200 companies.

What is cold non-custodian crypto wallet application?

NQ Minerals (NQMI) says that plant production levels at the Hellyer gold mine increased by 44% to more than 1.3 mtpa. NQ has completed the acquisition of the Beaconsfield gold mine in Tasmania. Tavistock Investments (TAVI) has postponed a general meeting designed to pass a new long-term incentive plan for executive directors Brian Raven and Oliver Cooke. There has been unfavourable feedback from shareholders. NQ Minerals (NQMI) is able to draw down from its recently arranged $55m loan facility between its subsidiary Hellyer Gold Mines with ING. The cash is being used to pay off previous debt.

A large contract has been won by telecoms marketing technology provider Pelatro (PTRO) has been won in the form of a recurring revenue deal rather than a one-off licence. This has led to short-term downgrades, but the longer-term prospects are better. The contract is worth up to $12m over five years, with $10m fixed and the other $2m coming from gain share with the global telecoms client.

Allenby forecasts a decline in full year revenues from $13.2m to $11.5m and the loss is expected to increase from $1.42m to $3.26m. Net debt could rise to $8.45m by the end of March 2021. Next year, the loss should be lower and Mirada should be cash generative so net debt would reduce by March 2022.

Akooda is using AI to help companies understand their business with fewer meetings TechCrunch

There was cash of £6.07m at the end of September 2018. There was a £1.1m cash outflow in the six month period. Welney (WENP) is considering a couple of proposals that can enable the company to move ahead. The loan note holders have agreed not to call in the loans for at least another 12 months. Net liabilities were £268,000 at the end of June 2018.

Vox Markets takes no responsibility for the accuracy of the information within this site. All times quoted are based on the current time in London, UK. Your partner put you in to 4 spades and you only went down one, which metaphorically speaking was a great achievement. I like the fact that M Juncker paid tribute to you for your tenacity and gentle handling of tricky negotiations. I think a sieve has rather less holes than this rather nebulous agreement. ‘Hard Brexiteers’ will almost certainly pick up the cudgel and make their feelings very strongly felt.

MotherShip: A CryptoCurrency Exchange Being Built In Estonia.

Subsidiaries are forced to hold their own shock-absorbing capital and essentially become UK companies. Changing from a branch to a subsidiary could cost billions for a bank like Deutsche Bank, for example, which employs 9,000 people in the UK. Currently, banks based anywhere in the EU can sell services to anywhere else in the EU thanks to an instrument known a financial services passport. TechFinancials Inc (TECH) is developing a blockchain-based sports ticketing business with Footies Tech Ltd.

With companies like Krea and Kraftful pushing the boundaries of generative AI, the future looks promising for both designers and AI enthusiasts alike. As generative AI continues to evolve, designers will be at the forefront, playing a pivotal role in shaping the next big thing in technology. Cryptocurrency mining services provider Argo Blockchain (ARB) estimates that its current annualised revenues are $6.2m (£4.8m). Brewer Adnams (ADB) increased its revenues last year, but it reported a loss. Beer volumes grew by 2.2% and revenues were 6% ahead at £78.9m.

thirdweb acquires crypto payments processing company Paper

Block has entered into an option in partnership with Century Cobalt Corporation to acquire two million seeds, which can be used to produce medicinal grade cannabis. Block would have to issue more than 142.8 million shares at 0.07p each if the option is taken up. HOWEVER the trade negotiations are fraught with danger and provide a seriously surmountable challenge. Oils in the form of BP and Shell are strong on the back of a firmer crude oil price. The everyday perennials such as GSK, Astra, Diageo and Reckitt Benckiser have all added a few coppers here and there. Banks have been uninteresting and as a sector are down 0.25% on average.

• Zinc Media Group (ZIN) has appointed Mark Browning, who is currently boss of ITN Productions, as chief executive and he will start in the first half of 2019.
• Early Equity (EEQP) is assessing additional investments that fit its strategy.
• Our aim is to help improve the processes of bringing innovations from academia to global markets and facilitate their integration into the broader business ecosystem.

DXS International (DXSP) chief executive David Immelman has bought 20,002 shares at 9.9p each, taking his stake to 10.45%. Funds managed by Epiris LLP have launched a recommended cash offer of 193p a share for Ireland-based financial services group IFG (IFP), valuing it at £206m. Quixant (QXT) reported a strong second half to 2018 even though the gaming machines market was tough. Full year revenues were 5% higher at $115.2m and pre-tax profit improved from $17.7m to $18.2m. This year will also be second half weighted with revenues expected to hit $119m and pre-tax profit of $20m forecast. Alliance Pharma (APH) improved its pre-tax profit from £23.9m to £28.1m.

Andrew Hore – Quoted Micro 29 March 2021

Residential property developer One Heritage Group (OHG) had net assets of 9.25p a share at the end of 2020. MJ Hudson (MJH) managed organic revenue growth of 3.6% in the first half, even though there was a lack of new fund launches. The North American operations are more significant following recent acquisitions. Further acquisitions will help to increase the scale of the business. First Sentinel has resigned as corporate adviser to Block Commodities (BLCC) after less than one month in the position.

The £2m overdraft facility should provide enough finance for the company’s needs. The commercialisation of Visitect CD4 is important to long-term progress for the company. CE marking for advance disease should be awarded soon. The timing of approvals and therefore revenues is difficult to predict. Blockchain Worldwide (BLOC) is still seeking an acquisition after the deal to buy Chorum fell through due to weak stockmarkets.

A manufacturer of pressed steel bearing housings is set to be the next acquisition. Cloud-based PCI payment services provider PCI Pal (PCIP) is gaining momentum in the US. In the six months to December 2020, revenues rose by 56% to £3.2m. More of these revenues are coming via channel partners. Total annual contract revenues were 59% ahead at £8.3m. There should be enough cash in the bank to get the company to the point where it is generating cash.