Stripe Reaches $91.5 Billion As Business Expands
Stripe said it has offered a new deal for workers and investors, as the company reaches $91.5 billion valuation. This amount is close to its highest value of $95 billion in 2021. The offer will help workers and investors turn...
Marqeta To Take Over TransactPay For European Market Growth
Marqeta and TransactPay said they have signed an agreement where Marqeta will buy TransactPay. This deal will help Marqeta grow its card program services in the United Kingdom and Europe. The companies said this move will give businesses better payment...
Leigh-Anne Acquisto Departs IG Group After Over Three Years
Head of Brand and Product Marketing at IG Group, Leigh-Anne Acquisto, has announced his departure from the company after spending over three years with the firm. She has had several roles in the firm, enabling her team to expand the...
Edgewater Markets and Gold-I Partner To Enhance FX Trading Options
Financial technology company Gold-I has announced its integration with a non-bank gold liquidity Edgewater Markets to connect its MatrixNET liquidity management platform into Edgewater Markets’ trading infrastructure. The companies say the integration will ensure that clients of Gold-i can access...
Cinkciarz.pl Faces Account Freezes, Requests Payment Completion From Customers
Cinkciarz.pl, a subsidiary of Conotoxia Holding, is reportedly asking customers to complete payments for currency exchange transactions. However, the company is unable to process these transactions due to prosecutor-ordered account freezes. The currency exchange platform, which has operated for years,...
UK Fintech Investment Drops To Its Lowest In Four Years
Investment in financial technology companies in the United Kingdom fell to its lowest level in four years, according to a report from KPMG. High prices, global troubles, and low interest rates affected funding. Many investors did not invest much, creating...
Nvidia Reports Strong Financial Growth With $39.3 Billion In Quarterly Revenue
Nvidia has shared its latest earnings, showing a record amount of money earned—$39.3 billion. This is 12% more than the last quarter and 78% higher than a year ago. The company's earnings per share (EPS) also went up. GAAP EPS...
CySEC Releases Guide To Enhance Sanctions Screening Systems
The Cyprus Securities and Exchange Commission revealed that it had released a guide to help firms improve their sanctions screening systems. The guide includes findings from an assessment on how well firms in Cyprus were using these systems. The Commission...
PU Prime Wins Best Multi-Asset Broker – MEA Award At iFX EXPO Dubai
PU Prime has received the Best Multi-Asset Broker – MEA award at a ceremony held at the Dubai World Trade Centre. The award was given at the end of the first day of iFX EXPO Dubai, a well-known event in...
Flanks Announces the Completion of € 14 Million Funding Round
Barcelona-based wealth management automation FinTech, Flanks, has announced the completion of a € 14 million funding round. According to the announcement, the additional fund will be used to accelerate its expansion in Europe. The round was led by Motive Vetures,...
Uniswap No Longer Under SEC Review
Uniswap Labs has announced that the United States Securities and Exchange Commission (SEC) has ended the three-year investigation of its platform. The crypto exchange shared this update after years of legal pressure. The SEC had been looking into Uniswap for...
Edgewater Joins Gold-i’s MatrixNET For Better Trading Access
Edgewater Markets has teamed up with financial technology company Gold-i, the companies said on Thursday. This connection links Edgewater’s trading system with Gold-i’s MatrixNET platform, allowing traders to access more liquidity and better trading tools. The partnership is expected to...
DPIIT and Paytm Support New Businesses In India
The Department for Promotion of Industry and Internal Trade (DPIIT) in India has signed an agreement with Paytm. This partnership will help young businesses in manufacturing and financial technology. According to the update, the goal is to give support, guidance,...
Former Amazon Tech Leader Joins Lloyds Bank’s Mortgage Division
A former technology leader at Amazon has joined Lloyds, a UK high street bank, to lead the digital changes in its mortgage division. Natasha Sayce-Zelem has taken the role of director of digital and business platforms for the bank’s homes...
US Asset Manager Franklin Templeton Just Launched The First Tokenized Fund
Franklin Templeton, the US-based asset manager, just launched the first fully tokenized investment fund in Luxembourg. The asset manager claims that this is the first fully tokenized fund in the industry and that it represents a major step forward in...