Markets

Marex Group has entered into an agreement to purchase Agrinvest Commodities, a Brazilian company engaged in the physical trading of corn and soybeans. The acquisition is intended to strengthen Marex’s presence in the physical commodities sector within one of the...

The NAGA Group AG has announced an impressive result in its revenue for the first quarter of the year. The company said it wants to reposition itself as a financial super app, and this revenue increase is a response to...

UK-based fintech Dojo has announced the completion of a funding round. The company stated that it raised $190 million from the funding round as it prepares to expand its operations across additional regions. The extra funding means Dojo has now...

Japan’s FOREX.com expects a major increase in new customer accounts after upgrading its identity check process. The platform has transitioned to an AI-powered system designed to streamline the sign-up process. The company believes the change will double the number of...

XTB Limited, the UK branch of a Warsaw-listed fintech firm, announced strong results for last year. The company’s profit before tax jumped 116% to £374,228 despite a 5% drop in total revenue to £4.51 million. This growth occurred as XTB...

Interactive Brokers UK experienced a significant increase in client accounts last year. The number of accounts increased by 142 percent, reaching 64,146 compared to 26,539 the previous year. This growth helped the company’s commission income increase to £36 million, up...

Up Fintech, which runs the Tiger Brokers platform and trades under Nasdaq: TIGR, reported total revenue of US$122.6 million and a net profit of US$36 million in its latest quarterly results. According to the company, its revenue rose by 55.3%...

NinjaTrader has been fined $250,000 by the National Futures Association (NFA) after the regulator found problems with the company’s compliance program. The NFA said the firm did not have strong enough systems in place to prevent money laundering. It also...

Citi has invested in Vontive, a company that uses technology to finance investment properties. The investment includes equity and a $150 million securitization deal led by Citi. This deal establishes a securitization shelf for Vontive, providing the company with a...

Barclays is winding down its fintech accelerator program, Rise, leaving New York City-based founders and investors feeling unmoored, as one founder likened the loss to being without a home. The bank’s Head of Partnerships and Innovation informed Rise members that...

The Securities and Exchange Commission brought charges against the crypto asset trading platform, accusing it of multiple securities law violations. Recently, a litigation update revealed that the SEC and Binance entities, along with founder Changpeng Zhao, jointly agreed to dismiss...

Deutsche Bank has announced a partnership with Mastercard, enabling merchants in Europe to offer pay-by-bank services to their customers. According to the announcement, the collaboration will enable merchants to provide the service via Deutsche Bank’s Merchant Solution. In a press...

IG Group is preparing to launch spot cryptocurrency trading for retail clients in the UK. This new service will let users buy and hold digital assets directly, instead of just trading on price movements through CFDs. It’s a shift from...

Visa is bringing a new set of digital tools to Asia Pacific that use artificial intelligence to improve the way users pay and receive money. At a regional showcase, the company introduced services that focus on faster, easier, and more...

Britons lost £1.17 billion to financial fraud and scams last year, according to UK Finance. While the total amount lost stayed the same as the year before, the number of fraud cases went up by 12 percent. This brought the...