The Bank of London reveals £42m fundraise days after winding-up order from HMRC

City A.M.

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Fintech ‘unicorn’ the Bank of London has announced a £42m injection of funding today after a tumultuous week in which it was hit with a winding-up order and revealed its chief executive was stepping down. In a statement, the specialist clearing bank, one of only two to be created in the UK in the past [...]

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