Winklevoss Twins Pursue Wall Street Debut Through Gemini IPO
The Winklevoss twins are making another attempt to enter Wall Street, this time through an initial public offering (IPO). Their cryptocurrency exchange, Gemini, has confidentially submitted a draft registration statement to the U.S. Securities and Exchange Commission (SEC), following in...
Investimental Expands Trading Access To Major European Stock Markets
Investimental, a Romanian brokerage approved to operate on the Bucharest Stock Exchange (BVB), has broadened its platform to include stocks from across the European Union. Thanks to its ongoing work with trading technology firm Devexperts, Investimental’s clients can now trade...
Fintech Startup OatFi Secures $24 Million Funding
OatFi has raised $24 million in new Funding to build out its credit network for B2B payments. The Series A round was led by White Star Capital, with support from existing investors Portage and QED. The company aims to enhance...
ABN Amro Launches Buut, A Neobank Designed For Young People
The team behind ABN Amro's popular Tikkie payments app has launched a full-service neobank explicitly tailored for young people. This new bank, Buut, was designed entirely with the way young people experience the world in mind, according to ABN Amro....
DB Investing Welcomes Ioan Mih As Chief Business Officer
Ioan Mih has joined DB Investing as the Chief Business Officer. Before this move, he served as the Chief Executive Officer at ProperFX, a brokerage company that focuses on trading in forex, commodities, and cryptocurrencies. His tenure at ProperFX lasted...
Crypto.com Files Federal Lawsuit Against Nevada Gaming Regulators
The derivatives division of the cryptocurrency exchange Crypto.com has started a federal lawsuit against Nevada's gaming regulators. They accuse the state of illegally stopping the company from offering sports-related financial binary event contracts to residents. North American Derivatives Exchange Inc.,...
Holger Wohlenberg Named valantic FSA Chief Executive
valantic FSA has named Dr. Holger Wohlenberg as its new chief executive. He took over the role on June 1, following the departure of Joachim Lauterbach, who led the company for ten years. The firm said Wohlenberg brings deep experience...
Stuart Brock Joins B2PRIME As Institutional Business Development Manager
B2PRIME has hired Stuart Brock as its new Institutional Business Development Manager. He brings more than 15 years of experience in finance and trading, most recently leading institutional sales at oneZero. He’s worked with top firms and helped build systems...
Marex Deepens Commodities Footprint With Agrinvest Acquisition
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...
NAGA Announces Improved Revenue In Q1 2025
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...
Vitruvian Partners Leads Funding Round For Dojo Ro Rasie $190 Million
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...
FOREX.com Expects More Accounts After New AI ID System
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 UK Profit Surges Over 100% Despite Revenue Slide
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 Revenue Jumps with 142% Growth in Client Accounts Last Year
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 Posts Robust Financial Results With $122.6 Million In Revenue
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%...