Fife fintech company PaySend has been valued at £125 million in a new crowdfunding campaign that launched today with platform Seedrs. After being founded less than two years ago, Kirkcaldy-based PaySend's drive is aiming to raise £4.26 million for a 3.3 per cent stake in the co
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Glasgow-based chartered accountancy firm Wylie & Bisset has appointed Gerald McLaughlin, former corporate finance director at Campbell Dallas, as its first ever corporate finance partner. The strategic appointment brings Mr McLaughlin back to the firm where he qualified some 15 years ago, and ma
Finance professionals and their organisations have already incurred additional costs as a result of Brexit, according to a new survey by the Institute of Chartered Accountants Scotland (ICAS). Seven out of ten ICAS members told the ICAS quarterly survey, carried out in association with law firm Brod
Euan Haggerty has been appointed as group finance director at development and construction firm Cruden Group. A Chartered Accountant and associate member of the Association of Corporate Treasurers, Euan joins with significant experience of financial control in a corporate environment and within
Nearly half of Scots have been targeted by scammers in the past year, according to new research published by Citizens Advice Scotland (CAS). The charity is launching a new "Scams Awareness" campaign with figures showing the scale of scams in Scotland, with 46 per cent of people saying they have been
Edinburgh-based merchant bank Noble Grossart has paid out around £5 million in dividends to its founder Sir Angus Grossart. The 82-year-old banker, who has a £446 million fortune, received the majority of the £5.3 million dividend paid out by the bank, The Times reports.
The Church of England is to consider investing in medical marijuana for the first time after relaxing a self-imposed ban, according to reports.
Employment law, HR and health & safety specialist, Law At Work (LAW), has recorded a sharp increase in employment claims since fees were abolished in July 2017. The firm saw a 25 per cent rise in claims in 2018 compared with the previous year when fees were overturned, and an increase of 120 per
Banks and building societies will be banned from charging higher prices for unarranged overdrafts than for arranged overdrafts under new reforms announced by the Financial Conduct Authority (FCA). The new reforms, aimed at making overdrafts simpler, fairer and easier to manage for consumers, represe
Financial services technology company Immedis has secured €25 million in strategic investment from Scottish Equity Partners (SEP).
Paul McGinnes has been appointed by Leonard Curtis Business Solutions Group to head up its Reach Commercial Finance division in Scotland. Mr McGinnes takes on the head of Scotland role for the company, with a remit to meet the country’s ongoing demand for commercial finance expertise in the SM
Aberdeen-based Hutcheon Mearns has announced the appointment of Claire Clark as its new head of specialists and transaction advisory. Ms Clark has been with Hutcheon Mearns since shortly after its inception in 2015, with the business experiencing significant growth despite the backdrop of a depresse
Former RBS executive Jim Brown has been appointed CEO of Sainsbury's Bank, subject to regulatory approval. Mr Brown will join as CEO designate next Wednesday and will work with outgoing CEO Peter Griffiths for a short handover period.
Scottish tax and business advisory practice EQ Accountants LLP has announced plans to expand its Dundee premises to accommodate significant growth which it expects to continue. The firm, which also has offices in Forfar, Cupar and Glenrothes, is expanding its City Quay premises by incorporating the
Thomson Cooper has announced the purchase of e-cigarette company JAC Vapour Ltd from provisional liquidation by Magflo Limited for an undisclosed sum. Magflo will continue to trade as JAC Vapour with many employees being offered continued employment, including the same product engineering and design