Markets

Acetop Financial Limited has announced a 160% surge in its total trading volumes for 2024. The over-the-counter (OTC) leveraged derivatives provider said the growth was driven by increased trading activities in spot gold. Acetop stated that the notional trading volumes...

GC Exchange Limited, a company based in the United Kingdom, shared its financial report for the year that ended on December 31, 2024. The company said it helps professionals and businesses trade online in foreign exchange, commodities, indices, and crypto...

Next Generation, a fintech firm based in Paris, has announced that it has completed a $5 million seed funding round. The investment came from international backers, including two Cyprus-based companies, an Austrian enterprise, and a well-known entrepreneur from Europe. The...

Pliant, a European fintech focused on B2B payments, has shared that it secured $40 million in a Series B funding round. The investment was led by Illuminate Financial and Speedinvest, with support from PayPal Ventures and Motive Ventures. The team...

IBM and BillGO have formed a partnership to protect online payments from future threats. IBM said quantum computers could soon break the codes that keep payments safe today. The company revealed that stronger systems are needed before these risks appear....

Garanti BBVA's Turkish unit has updated the smart assistant in its mobile app, Ugi, using advanced technology based on large language models. Ugi now offers a more natural experience with dynamic and highly personalized solutions for the bank’s customers. The...

INFINOX Capital has selected Lee Holmes as its new Chief Executive Officer. His return comes at a time when the FCA-regulated broker is trying to rebuild after a major drop in income, despite returning to profit in the last financial...

Brazil has officially given the green light to the first-ever XRP spot exchange-traded fund (ETF), marking a big moment for the cryptocurrency. XRP is making headlines in Brazil, moving ahead of Bitcoin and Ethereum. On April 25, Hashdex rolled out...

Plus500 has reported a solid financial performance for the first quarter of the year, showing a 13% increase in revenue compared to the last quarter of the previous year. The company has updated its outlook for the rest of the...

Argentex, a foreign exchange broker based in London, has agreed to be bought by competitor IFX Payments. The deal values Argentex at about £3 million. The agreement follows serious liquidity problems that hit Argentex after big changes in the global...

MHC Digital Group, an Australian-licensed company, has teamed up with crypto prime broker FalconX to bring digital asset derivatives to the Australian wholesale market. Through this partnership, MHC’s trading platform, MHC Markets, will offer a range of products, including digital...

Phixius by Nacha is introduced as a payment information network designed to connect account validation requesters with data responders. It is described as an ecosystem built to offer participants one contract, one API gateway, and access to multiple validation opportunities....

Klarna and eBay have teamed up to bring flexible payment options to shoppers across the United States. eBay said this collaboration allows shoppers on eBay to use Klarna’s "Buy Now, Pay Later" (BNPL) service. This enables them to shop for...

Pinwheel, a fintech company focused on making account setup and engagement easier, has teamed up with Q2’s Digital Banking Platform. Through the Q2 Partner Accelerator Program, this partnership gives financial institutions access to Pinwheel's network of payroll providers. This network...

The Bank for International Settlements (BIS), together with several leading central banks, has completed a successful trial showing how different payment systems can work together during foreign currency transactions. This test used distributed ledger technology (DLT) to support faster, safer,...