Markets

NomuPay is a unified payments platform whose headquarters are based in Dublin. The payments platform has now closed a $53.6 million funding round. The funds raised in this funding round will go towards unlocking the possibility of accepting local payments...

Monzo, a digital bank based in the United Kingdom, has reported a 2.3 times growth in revenue for the 2023 financial year. The digital bank has also moved into profitability for the first time ever in the first two months...

HSBC is currently working with the Quantinuum technology company. The two will be working together on a series of exploratory projects that seek to adopt quantum computing in the banking industry. HSBC partners with Quantinuum HSBC has been ramping up...

UBS, a leading bank in Switzerland that acquired troubled lender Credit Suisse, could see its assets being reduced to a quarter of its current holdings. This change will likely happen if a proposal tabled by some of the legislatures in...

UP Fintech Holding Limited, which is one of the leading online brokerage companies and an operator of the Tiger Brokers trading brand, has released its financial results for the first three months of 2023. The results show a significant recovery...

Japan is set to unveil a strict crypto monitoring game that will commence in June. To achieve compliance with these new guidelines, the bitFlyer cryptocurrency exchange has adopted strict anti-money laundering guidelines for cryptocurrency transactions. BitFlyer crypto exchange supports FATF...

Cryptocurrency exchange platform CoinEX has created a new service targeting users in Hong Kong. The service in question is a brand-new digital asset trading platform known as BitHK. The platform still lacks the license to operate, but it intends to...

The UK is quite strict when it comes to unregistered and unlicensed platforms, and its financial watchdog, the Financial Conduct Authority (FCA), just warned the public against a new batch of such websites. This time, the FCA could identify as...

Morgan Stanley, a leading lender, has allegedly set in motion a major workforce reduction plan aimed at its Asia division. One portion of the plan includes severing ties with six managing directors that worked for the company, and most of...

In its recent announcement, Huobi Global revealed that Huobi HK has expanded its services. Currently, the platform will also offer spot and managed services, which are available to retail investors and experts alike. The leading virtual asset exchange in Hong...

The FX Global Code was released by the BIS Foreign Exchange Working Group in 2017 to offer a set of guidelines that will foster integrity and support the better functioning of the wholesale foreign exchange industry. FX Global Code should...

The financial market regulator for South Korea has launched a new set of strict guidelines for contracts for difference (CFD) trading. These guidelines are aimed at boosting transparency in the sector while also preventing market manipulation. South Korea introduces strict...

Trading 212 UK recently published its revenue figures for 2022, revealing revenue of more than £98.7 million. In addition, the company saw pre-tax profit of over £50.8 millin, as the latest Companies House filing revealed. Trading 212 UK is the...

The United States’ Commerce Secretary Gina Raimondo commented this Saturday on China’s move to ban purchases of Micron Technology memory chips. According to Raimondo, the US won’t tolerate the move and is already collaborating closely with its allies to address...

Nine PricewaterhouseCoopers (PwC) Australia governance board members were ordered to take leave as the company seeks to overhaul the entire board. The move comes following a national scandal that occurred after the misuse of confidential government tax plans came to...