Raisin Expands Services To Finland, Targeting Retail Savings Market
Raisin, a leading savings and investment platform, is expanding its services to Finland. With a high volume of retail savings and widespread internet banking usage, Finland presents a strong market for Raisin’s offerings. The platform enables individuals to compare and...
Rapyd Expands By Buying PayU’s Payment Unit
Rapyd, a platform that helps businesses send and receive money, has bought PayU Global Payment Organization (GPO). The company said this deal is an important step in its plan to grow in many parts of the world. With this, Rapyd...
XCharge North America Unveils Virtual Point Of Sale (VPOS) System For EV Chargers
XCharge North America (XCharge NA), a provider of high-power EV charging solutions and battery-integrated systems, develops technology to support the electrical grid. The company has now introduced its first Virtual Point of Sale (VPOS) system for XCharge chargers. This new...
AvidXchange Considers Sale After Takeover Interest
AvidXchange, a company that provides bill payment solutions, is looking at a possible sale after receiving interest from buyers. The company, based in Charlotte, North Carolina, said it is working with Financial Technology Partners to review its options. Some private...
AFM Fines BUX €1.6 Million For Improper Use Of Financial Influencers
The Netherlands Authority for the Financial Markets (AFM) has fined online trading platform BUX €1.6 million for paying financial influencers, or "finfluencers," to attract new customers. The regulator found that BUX’s marketing strategy broke industry rules by using financial rewards...
Delaware Court Approves 3AC’s Increased Claim Against FTX
A Delaware bankruptcy court ruled in favor of the failed hedge fund Three Arrows Capital (3AC), allowing it to increase its claim against FTX from $120 million to $1.53 billion. This decision changes how money left in FTX will be...
FCA Considers Scrapping Contactless Card Payment Limit
The Financial Conduct Authority (FCA) is reviewing the contactless card payment limit in the United Kingdom. The rule currently stops customers from using contactless payments for amounts over £100. The FCA said it wants to know if changing this rule...
Court Orders Detention For Former Cinkciarz.pl Board Member Over Fraud Case
A court in Poland has ordered the three-month detention of Robert Górny, a former board member of Polish online currency exchange Cinkciarz.pl, as part of a growing fraud investigation. The case has also led to charges against the company's president,...
Gold Prices Reach $3,000 As Investors Seek Safe Assets
Gold prices went over $3,000/oz for the first time on Friday. Investors are rushing to buy gold as they worry about the economy and world events. Many see gold as a safe asset when markets are unstable. Spot gold rose...
Bybit Celebrates Second Anniversary Of Its Digital Card
Bybit, a top cryptocurrency exchange, recently held an event on March 7 at its Dubai headquarters to celebrate two years of the Bybit Card. The company said this digital card helps users spend cryptocurrency easily worldwide. According to the update,...
Swords of Blood Offers Exclusive Rewards To Players
Swords of Blood has entered Open Beta, giving players a chance to earn rewards while playing. This new event lets them collect blockchain-based prizes by completing in-game challenges. The developers of Swords of Blood said this event will run throughout...
Singapore Exchange To Unveil New Bitcoin Product
Singapore Exchange (SGX) wants to introduce a new way to trade Bitcoin. It hopes to offer Bitcoin perpetual futures in the second half of this year. The company said this plan is still waiting for approval from the Monetary Authority...
Green Dot’s Leader Steps Down While Company Reviews Future Plans
Green Dot, a well-known financial technology company, is having some leadership changes. The company said its leader George Gresham has stepped down, and the firm is now looking at different options for the future. For now, board chairperson William Jacobs...
Nubank Uses AI To Improve Digital Banking Services
Nubank, one of the largest digital banking platforms in the world, is changing how people in Latin America manage their money. The company offers fee-free accounts, credit cards without yearly charges, and easy-to-use customer service. Nubank said it now serves...
Webull Launches Premium Membership With New Features
Webull, an online investment platform, has introduced Webull Premium, a new membership for users. This subscription-based service includes features like lower margin rates, deposit promotions, and reduced trading fees. The company said the new membership will improve the trading experience...