This morning, the Government and the Bank of England facilitated a private sale of Silicon Valley Bank UK to HSBC
Deposits will be protected, with no taxpayer support
I said yesterday that we would look after our tech sector, and we have worked urgently to deliver that promise
Thanks so much to all in HM Treasury and Government - I am so impressed with how quickly you got up to speed, and worked so hard over the weekend day and night constructively to find a solution. Thank you HSBC for your investment in UK science and innovation by buying SVBUK
3/3 It is effectively a tax on the internet, we don’t like it and so we can change it together. We provide free online payments to businesses and instant cashback for shoppers. By moving the profits of payments and advertising companies back to users everyone wins. Join us.
1/3 I and a group of tech pros have started a new business called Super https://t.co/2i70AmDYX8. I spoke to the Times about this today: Samir Desai works on free online payments
https://t.co/oB5UpjQYiu
2/3 We have raised £22.5 million from Accel, USV, Localglobe and angels to launch Super (thanks for believing in us!). We think that shoppers and businesses have been stung by huge fees on the internet for too long from payments and digital advertising companies.
We're very proud to be 16th in The Sunday Times 100 Best Companies to Work For 2018! @bestcompanies#BestCompanies2018. Full list here: https://t.co/flmuPTS1HC
Great visit to amazing @arapina_bakery always inspired to meet passionate entrepreneurs like Michaela. @FundingCircleUK we are helping those made to do more succeed