Simon Pegg Film Producer Calls Administrators

EXCLUSIVE: The production company that houses Angels In The Asylum, the beleaguered British indie film starring Simon Pegg, has effectively filed for Chapter 11 bankruptcy. AITA Films Limited intends to appoint law firm Debenhams Ottaway to oversee the administration process. The development follows Angels In The Asylum halting filming halfway through its shoot after running…

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Is Trump Having a Liz Truss Moment?

A major Western leader announces an unorthodox economic policy, panicking the financial markets, driving down the country’s currency and fueling a blizzard of warnings about the dire long-term consequences. President Trump did all this with his across-the-board tariffs, announced last week, but before him, there was Liz Truss, Britain’s former prime minister, with her rollout…

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Turkey’s Sipay raises $78M to expand its Stripe-like services into emerging markets

Billing itself as “Stripe for emerging markets,” Turkish Fintech Sipay has raised a $78 million Series B funding round, claiming a valuation of $875 million in the process. This round is significant, as Sipay plans to expand into markets outside of Turkey, offering additional services like remittances that Stripe currently does not offer in those…

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