Markets

Upvest has received €100 million in its Series C funding round. The round was led by Hedosophia, and Sapphire Ventures also joined in. Upvest said other investors, like Bessemer Venture Partners, BlackRock, Earlybird, HV Capital, Motive Ventures, and Notion Capital,...

Triodos Bank UK has given its first private loan using a biodiversity net gain (BNG) model. The bank said this loan is an important step toward funding huge nature projects in the UK. The loan aims to help Nature Impact,...

The UK-regulated part of AETOS, a broker for contracts for differences (CFDs), finished the fiscal year with a revenue of £479,421, 20 percent more than the preceding year’s £399,017. According to filings with Companies House, the broker made £474,660 of...

Klarna, the buy-now-pay-later (BNPL) company, has been fined $46 million by Sweden’s financial regulator, Finansinspektionen, for failing to meet anti-money laundering rules. This penalty, one of the largest ever issued by the regulator, has sparked concerns about Klarna’s upcoming IPO...

According to reports, new technology has revolutionized investing, but it has also introduced significant risks. Tools like cryptocurrencies  and artificial intelligence have provided fraudsters with new methods to deceive unsuspecting investors. The Securities and Exchange Commission's (SEC) fiscal year 2024...

Crypto exchange Kraken has been ordered to pay AU$ 8 million (about US$5.1 million) by the Australian Securities and Investments Commission (ASIC). The fine was given to Kraken after it was found guilty of offering margin products illegally to more...

Bitget wants to set up a new office in Lithuania to prepare for the full rollout of the Markets in Crypto-Assets (MiCA) rules. The company said this move will include opening a local office and building a team that will...

Centroid Solutions has teamed up with BITA to add BITA’s index technology to its connectivity platform. This lets more financial institutions use customized trading tools and index-based solutions. The teamwork lets Centroid’s clients use BITA’s collection of indices via the...

WhiteBIT, a prominent European cryptocurrency exchange, has partnered with Payment processing giant Visa. Together, they have introduced a new debit card designed to simplify cryptocurrency transactions and provide rewards for users. The company said the WhiteBIT Nova card allows European...

London-based Islamic company Ayan Capital, has received £2.8 million ($3.6 million) in funding to grow and expand its operations UK. Cur8 Capital, another financial company, contributed to the funding. The company helps drivers, like those working for Uber, Bolt, and...

Santander has appointed Nitin Prabhu as the global head of its Digital Consumer Bank (DCB). The bank said Prabhu will lead one of its five key global businesses and will manage its auto and consumer business worldwide. He will also...

Mynt, a spend management fintech in Sweden, has secured €22 million in Series B funding at a much higher valuation of around €175 million.  The Series B round, headed by Vor Capital, with support from existing investors like Incore and...

Klarna, the Swedish payments firm, has been fined $50 million by Sweden’s Financial Supervisory Authority (FI) due to issues in its anti-money laundering (AML) protections. The FI announced that an investigation shows that Klarna did not fully comply with AML...

First Abu Dhabi Bank (FAB) has chosen Broadridge Financial Solutions to support its global agency securities finance business. The firms revealed that the partnership will expand securities lending services in the UAE and the wider Middle East region. The collaboration...

According to reports, the Australian branch of CMC Invest, a stock trading platform under CMC Markets, now allows its users to access TipRanks, a market research tool from Israel.  Since Thursday, users of CMC Invest have been able to use...