Markets

Finalto Group has announced the promotion of Andrew Biggs to Chief Executive Officer of Finalto Trading. The company, which operates under Finalto Group, said this change will enhance the services it offers alongside Finalto Financial Services, a leading financial institution....

The UK Government has shared its National Payments Vision (NPV), promising to simplify the rules in the payments sector and build a leading payment system. The NPV, created over the past year, examines the results of the 2023 Future of...

Banks and other financial companies are not happy with how cloud services are working for them, according to a report by Capgemini. The report shows less than 40% of executives are satisfied with their cloud services. The recent findings came...

The Cyprus Securities and Exchange Commission (CySEC) has announced that AMP Global Ltd. is no longer a part of the Investor Compensation Fund (ICF). CySEC’s decision follows AMP Global’s choice to give up its Cyprus Investment Firm (CIF) licenses. According...

AxiCorp Financial Services, a company that runs a retail contract for differences (CFDs) brokerage under the brand name Axi, has shown interest in buying the Australian trading platform SelfWealth. According to a recent report, Axi submitted a bid of 23...

According to the latest update, the UK government has announced plans to focus on fintech and sustainable finance as key areas for growth in the country’s financial services sector. Chancellor of the Exchequer, Rachel Reeves, revealed this in her first...

Ilya Lichtenstein, a hacker who stole huge amounts of Bitcoin from Bitfinex, has been sentenced to five years in prison. He was part of one of the biggest Bitcoin thefts in history. He and his wife, Heather Morgan, were caught...

Shiba Inu, a cryptocurrency inspired by memes, recently went up in price but faced resistance at a key level and dropped again. Shiba Inu has a market value of around $13.75 billion, putting it in the eleventh spot among cryptocurrencies....

Thomas Peterffy, the Founder and Chairman of Interactive Brokers, commented on the stock market’s rise after Donald Trump’s election win. Broker stocks, including Interactive Brokers, went up during this rally. Peterffy said the rise might not be fair, but he...

Elon Musk, the world’s richest person and the "Doge father," is back promoting the popular meme token Dogecoin (DOGE) as its value recently rose sharply. Musk retweeted a post on X that celebrated DOGE’s recent success, showing support for a...

Sunshine+Kittens, a new app to help kids learn about money, is set to launch early next year. Charles O’Neil, one of the app's co-founders, and Chief Marketing Officer Dan Walsh shared their vision for the app, which has already partnered...

Forex and CFD broker Monaxa is launching a new trading service called Monaxa Prop, according to a recent post from Chief Executive Officer Chris Trikomitis. He stated that the company is ready to roll out the platform soon, but details...

US-based payment infrastructure provider, NovoPayment, has announced that Morgan Stanley Expansion Capital has invested $20 million for its service expansion. NovoPayments specializes in delivering card, payment, and digital banking solutions. According to the report, the fund will be used to...

Pemo, a UAE-based financial tech company, recently shared that it raised $7 million in Pre-Series A funding to grow its spending management platform in the Gulf region. Pemo stated that this funding will help it keep improving its tools for...

Nuvei Corporation showed strong growth in the third quarter of 2024. The company’s total payment volume grew by 27%, reaching $61.3 billion. This comes as the Canadian fintech company gets closer to completing its $6.3 billion deal with Advent International...