Markets

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...

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....

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...

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.,...

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...

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 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...