Markets

Uala, a mobile banking company based in Argentina, recently decided to increase its presence and influence in Mexico. The company announced that it intends to launch a new service — high-yield savings account, which comes only a few weeks after...

Amazon Pay recently revealed a new deal with Affirm, which officially became the first “buy now, pay later” service to Amazon Pay. The service offers clear benefits, such as the users getting the product or service right away and then...

LandFX UK, a subsidiary of LandFX Group, recently released its financial results for the past year. The FCA-regulated company reported a major increase in its pre-tax revenue, stating that its profits rose by 243% last year. The figure skyrocketed from...

The UK recently got a brand new bank called Griffin, which was officially licensed, and it held a Series A funding round. The funding round was a huge success, allowing the institution to raise as much as $13.5 million. The...

As financial technologies continue to evolve, expand, and get deeper into the world of finance, many are excited to see what new possibilities may emerge along the way. This is why NatWest decided to speed up the process of innovating...

Argus Labs, a startup in the crypto gaming industry, has secured $10 million in a seed funding round that was led by Haun Ventures. The other investors that also participated in this funding round include Anagram, Alchemy, Dispersion Capital, and...

Barclays Private Bank released a statement on Monday confirming recent senior appointments. The financial institution has hired these new executives in an initiative that is designed to tap into the massive growth of wealth and family offices across the city-state....

Pixar Animation Studios by Walt Disney has gotten rid of 75 positions. These positions include those belonging to two executives that are behind the “Lightyear” flop. The recent job cuts are the first significant job trims that have been reported...

UBS is planning to complete its takeover deal for Credit Suisse as early as June 12. The closure of this takeover deal will see UBS emerge as the largest Swiss bank, with a balance sheet of $1.6 trillion. UBS’s takeover...

Saudi Arabia has reported a significant increase in card payments in the first half of 2023. The interest in electronic cash payments is on the rise. As the preference for this method of making payments continues to increase, the country...

The Financial Conduct Authority (FCA) recently discovered that ED&F Man Capital Markets enabled its clients to gain £20 million in illegal tax reclaims. This was possible through dividend arbitrage trading, also known as cum-ex, which is a type of financial...

Following the US SEC’s recent complaint against Binance and its leadership, the exchange was placed under the spotlight, and with it, the microscope. It wasn’t long before new reports started emerging, and this time, Binance was exposed as an alleged...

Recently, the US SEC attracted a lot of criticism for its complaint against Binance, which will lead to another lengthy legal battle, since the world’s largest exchange refused to settle. However, Cardano (ADA) views it as a cause for concern,...

Blockchain technology continues to attract financial institutions, as even the banks cannot deny its efficiency, security, and potential. Right now, JPMorgan Chase & Co., a US-based multinational financial giant, is collaborating with Indian banks in an attempt to create a...

GTC Forex, a multi-asset brokerage platform headquartered in Dubai, has announced a strategic partnership deal with Acuity Trading. The deal is focused on providing GTCFX customers with better market research tools that will enable them to improve their trading decisions....