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March 3, 2016 05:04 pm GMT
One more chapter in the messy story of Powa Technologies, the payments startup that last raised money at a $2.7 billion valuation but rapidlysankinto the deadpool on a flimsy raft of vaporware. Today,accounting firm Deloitte announced that it had secured two buyers for two parts of Powa’s U.K. business. Neither of them was Thompson Investments, the firm that was announced as the… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0eW295a0GS0/
Failed Powa Technologies fire sale: Ben White, Greenlight Digital divvy up and buy U.K. assets
One more chapter in the messy story of Powa Technologies, the payments startup that last raised money at a $2.7 billion valuation but rapidlysankinto the deadpool on a flimsy raft of vaporware. Today,accounting firm Deloitte announced that it had secured two buyers for two parts of Powa’s U.K. business. Neither of them was Thompson Investments, the firm that was announced as the… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/0eW295a0GS0/
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