Markets

Madalina Rotaru, who worked at Capex/NAGA Group for many years, has left the company. She played important roles there, being the Group Chief Operating Officer after the two companies merged. Before then, she served as the Deputy Chief Executive Officer...

Kraken, a leading cryptocurrency exchange, has received approval from the UK’s Financial Conduct Authority (FCA) for an Electronic Money Institution (EMI) license. This authorization allows Kraken to issue electronic money and offer faster deposit and withdrawal services for its UK...

Lloyds Banking Group is planning to reduce the number of permanent IT employees in the United Kingdom while hiring more IT engineers for similar roles in India. Reports noted that Lloyds is aiming to have 4,000 permanent workers based in...

Zocks, a platform focused on privacy-first AI for financial advisors, has secured $13.8 million in a Series a funding round. Motive Ventures led the investment, with support from Lightspeed Venture Partners and other firms like Expanse Venture Partners, Entrée Capital,...

American Express has decided to buy Center, a company that creates tools to help businesses keep track of their spending. American Express wants to use Center's tools along with its business cards to help companies handle expenses more easily. The...

Oleg Mukhanov, who helped TradingView grow in recent years, said on Thursday that he is leaving his role as the company’s leader. Mukhanov took on the role in January 2024 after joining the company in 2022 as Group Chief Financial...

Revolut has joined hands with Wizz Air to bring easy payments, is making big moves in Singapore, as its Chief Executive Officer, Nik Storonsky, says European startups are not working hard enough. Travelers can now pay for flights with just...

CPT Markets, a forex and CFDs brokerage, received the Arrangement and Advice license from the UAE's Securities and Commodities Authority (SCA). This license came as the company grew in Europe by opening an office in Larnaca, Cyprus, its first real...

Shift4, a leader in payments and commerce technology, said it will acquire Global Blue for $7.50 per share in cash. The deal values Global Blue at about $2.5 billion. Shift4 noted that this price is a 15% increase from Global...

James Radford, who used to be the CEO of Revolut UK, is now the new Chief Executive Officer of Volopa. Volopa is a company that helps businesses with foreign exchange, international payments, and managing expenses. The company was launched by...

Mastercard has announced a new program called the Mid-Market Accelerator to help small and medium-sized businesses. This program is made for middle market companies, which are businesses that earn between $10 million and $100 million each year or have around...

Crypto custody solutions provider BitGo has announced the expansion of its services as it rolls out an over-the-counter (OTC) trading desk. The company wants to specifically target institutions that trade crypto assets. BitGo has also stated that it has been...

KPMG's bi-annual Pulse of Fintech report reveals a challenging landscape for the global fintech sector in H2'24, with both investment levels and deal counts dropping to figures last seen in 2017. Over the past year, global fintech investment amounted to...

Green Dot Corporation and Marqeta have announced a new plan to improve cash services for customers. Marqeta can now offers its customers better ways to deposit cash into bank accounts. The company said the service is important for many businesses...

GoCardless, a company handling payments across more than 30 countries, introduced an embedded finance solution with Pipe. Pipe is a fintech firm that provides financial services through software and payment partners. According to the update, the integration lets eligible GoCardless...