Karna Partners With Blackhawk Network To Launch Its UK BNPL Gift Card Store
Klarna, a global payment company, is joining hands with Blackhawk Network, a firm that specializes in branded payments. They are working together to let people in the United Kingdom buy gift cards from top brands and pay later with Klarna....
Finix Lands $75 Million To Strengthen Payments Infrastructure
Finix has received $75 million in Series C funding. Acrew Capital led this round, with help from Citi Ventures. Leap Global and Lightspeed Venture Partners also contributed in the funding round. New investors like Citi Ventures and Tribeca Venture Partners...
Daman Markets Joins Dubai Racing Club for 2024-25 Season
Daman Markets, a trading service from Daman Securities, has revealed that it is now the Official Event Partner for the Dubai Racing Club (DRC). This partnership will happen during the 2024-25 racing season. The signing took place at the Dubai...
Appital Reaches $78 Million Deal Milestone On Institutional Trading Platform
Appital’s platform for finding liquidity has just completed its biggest trade ever. The company executed a $78 million trade in European large-cap stocks. This shows how new technology is making a big difference in how big trades are done. The...
CoinRoutes Partners With Crossover For Greater Liquidity in Crypto Markets
Crossover has revealed that it is now working with CoinRoutes, a crypto system that helps manage orders and trading for big companies. This new partnership lets CoinRoutes users choose and put together different pools of money for trading. CROSSx is...
Nigeria Drops Money Laundering Charges Against Binance’s Gambaryan
The Nigerian government has dropped the money laundering case against Tigran Gambaryan, who works at Binance and was jailed in the country. After a long time in prison, Gambaryan is now free from the charges. Just two days before a...
Forex Traders Benefit As TastyFX Partners With TradingView
Tastyfx, a forex broker in the United States, has joined forces with TradingView, a well-known charting platform for traders. This team-up lets tastyfx users trade directly on the TradingView platform. According to the update, this is a great step for...
Ex-Mastercard And Vanquis Chief Executives Join Pockit Board Of Directors
According to a recent report, the former leaders of Mastercard and Vanquis have joined the board of a UK fintech company called Pockit. This is coming right after Pockit bought another company, Monese, which helps with mobile banking. Gene Lockhart,...
India’s Central Bank Adds Two Prop Firms And ThinkMarkets To Warning List
The Reserve Bank of India (RBI) has added more companies to its warning list. This list now includes two prop trading businesses Smart Prop Trader and FundedNext and a well-known broker named ThinkMarkets. This is the first time the Reserve...
FCA And Practitioner Panel Commission Industry Survey For 2023-2024
The Financial Conduct Authority (FCA) and its Practitioner Panel asked for a survey for 2023-2024. This survey looks at how people in the industry feel about the FCA’s work in keeping the market fair. The annual survey asked 25,000 firms...
Data Management Error In Stock Lending Program Costs Interactive Brokers $475,000
Interactive Brokers has been slammed a penalty of $475,000 from the Financial Industry Regulatory Authority (FINRA). The regulator accused the company of making mistakes in its share lending program. The brokerage has already agreed to settle the issue with the...
Akua Receives $4.3 Million In Investment To Boost Its Offering
Akua, a new payments company from Latin America, has received $4.3 million in seed funding. This fund came from Propel and other investors like Plug and Play, RallyCap, HTwenty, ICventures, and Flourish Ventures. According to the update, the funds will...
Goat Funded Trader Expands Offerings With Popular cTrader Tool
Goat Funded Trader (GFT), a company that helps regular people trade, has just announced that it is adding a new tool called cTrader to its trading platforms. This tool comes from Spotware and is very popular among traders. GFT teased...
Stripe Enters The Stablecoins Market By Acquiring Bridge For $1.1 Billion
Fintech giant Stripe, a big player in online payments, has announced that it has acquired Bridge, a startup that builds tools for stablecoins. The deal is worth about $1.1 billion. This purchase comes at a crucial time for digital money....
CySEC Announces New Guidelines To Reinforce Oversight Of Investment Firm Capital
The Cyprus Securities and Exchange Commission (CySEC) has announced new rules that will affect FX/CFD brokers working as Cyprus Investment Firms (CIFs). These guidelines, set to start in early 2025, follow the European Banking Authority recommendations. CySEC’s recent announcement explains...