New Revolut Feature Uses Lightning Network For Faster Transfers
Revolut is working with Lightspark to allow faster Bitcoin payments using the Lightning Network. The company said this partnership will help users in the United Kingdom and selected European countries transfer Bitcoin more quickly and with lower fees. Traditional Bitcoin...
FCA Unveils Findings Of Latest Review On Smaller Asset Management Firms
The Financial Conduct Authority (FCA) has disclosed the outcome of its most recent review of smaller asset management and alternative investment firms. This review formed part of a supervisory strategy introduced to detect business models that may expose consumers to...
Report Shows Major Drop In Active Traders In Spain’s Leverage Market
Spain’s leveraged trading market has fallen sharply over the past year, according to a new report by Investment Trends. The number of active FX and CFD traders declined by 10%, reaching just 35,000 by February. This continues a trend that...
Users To Join Exclusive Promotions And Events In XM’s 15th Anniversary
XM, a well-known trading platform, is celebrating 15 years of success this year. This milestone marks a special year for the company as it rolls out new promotions, events, and updates for both new and existing clients. To make this...
Corpay Unveils $2.2 Billion Investment Plan To Acquire AvidXchange
Corpay has announced plans to invest in AvidXchange Holdings, Inc., teaming up with investment partner TPG in a move that would make the company private. The $10.00-per-share cash deal places AvidXchange’s value at roughly $2.2 billion. As part of the...
BGC Group Reports Major Success In First Quarter Of The Year
BGC Group has reported strong results for the first quarter of the year. In the first three months, the company earned $664.2 million, a 14.8% increase from the same time last year. The company said this happened because more people...
Fincom Gets $105 Additional Funding To Expand Across Europe
Finom, a banking provider based in the Netherlands, has announced that it has received #105 million in growth funding from Customer Value Fund at General Catalyst. According to the firm, the additional funding will support its customer acquisition strategy across...
CMC Markets A Major Stake Acquisition of StrikeX
Contracts for differences (CFDs) provider, CMC Markets, has announced the acquisition of more stakes in StikeX Technologies, a blockchain company. According to CMC Markets, its stake has increased from 33% to 51%, making it the major shareholder in the company....
Ex-Argentex Chief Harry Adams Reenters FX Market Following
Just a few months after Argentex nearly collapsed, its ex-Chief Executive Officer, Harry Adams, has returned to the foreign exchange (FX) space with a new company called Tenora. Based in London, Tenora aims to transform how businesses handle currency risk...
David Woliner Becomes Senior Payments Legal Counsel At Rapyd
David Woliner has taken on a new role at Rapyd, a global payments company that provides fintech services to businesses. He now works as Senior Payments Legal Counsel. In a LinkedIn post, Woliner said he is excited to begin this...
IronFX Parent Company Delivers Solid Year-End Financial Results
Notesco UK Limited, the firm behind the brokerage brand IronFX in the United Kingdom, reported a notable increase in revenue for the period ending 31 December last year. The company’s revenue reached $1.44 million, more than double the $702,000 recorded...
DogeOS Secures $6.9 Million To Power The Future Of The Dogecoin Platform
DogeOS, a platform designed to improve how developers and users interact with Dogecoin, has announced the completion of a $6.9 million a funding round. The company revealed that the investment was led by Polychain Capital, a well-known digital asset investment...
Webull Enhances Financial Reach with Visa and Kalshi Partnerships
Webull has strengthened its U.S. platform by entering into a strategic partnership with Visa. The company confirmed that Visa Direct will now power real-time payment solutions for users on the Webull U.S. platform. This integration is expected to simplify and...
Crossover Markets Plans Entry Into U.S. Market With Crypto Trading Tools
Crossover Markets has shared its plan to begin offering its services in the United States. The company stated that it is getting ready to serve U.S. clients. This is the first time the company will offer its crypto trading services...
Forex Broker Sky Links Capital Sets Up Holding Firm At Dubai Financial Hub
Sky Links Capital, a forex and contracts for differences (CFDs) broker founded by a former executive of BDSwiss, has formed its holding company, Sky Links Holding Ltd. The company has also incorporated the new entity within the Dubai International Financial...