Betfair co-founder Ed Wray has been named as one of the leading backers in London Fintech start-up Curve, which has secured $2 million (£1.4 million) in seed stage funding. Curve an early stage Fintech start-up aims to replace the mechanisms of the retail banking sectors bankcard, giving customers greater visibility and ease management of their day to day accounts. Led …
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Betfair investors net £260 million in share offload
Reacting to strong market interest driven by its announced £6 billion merger with competitor Paddy Power, top shareholders in Betfair have sold up to 8 million shares at £32.50 according to Barclays the firm’s sole trading book-runner. The mass sale of Betfair shares was conducted by Brussels based investment firm La Peigne SA, which manages investments on behalf of Bernard …
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