Markets

Nasdaq Futures, Inc. has been slammed $22 million fine by the Commodity Futures Trading Commission (CFTC) for regulatory breaches from its incentive programs. The commission stated that the company operated a DCM that focused on energy futures contracts from July...

PayPal has announced the expansion of its partnership with Fiserv to improve the checkout experience of businesses in the US. According to the announcement, the extended partnership will simplify how merchant clients of Fiserv can integrate PayPal’s payment systems. Fiserv...

Latino-founded neobank, Comun, has announced the completion of a $21.5 million funding round. The fund comes after the firm raised$4.5 million in seed funding last December. The latest investment round was led by Redpoint Ventures, with contributions from other firms,...

Thesis-driven investment firm, Lemniscap, has completed a $70 million funding round. The firm wants to use the additional funds to offer strategic guidance and financial backing for web3 startups. The firm will focus on a wide range of tasks across...

German top-flight football club Borussia Dortmund (BVB) has collaborated with blockchain firm BlockDAG in a sponsorship deal. The three year deal, worth $10 million, will help the blockchain firm grow in popularity as it seeks more users. The sponsorship deal...

Klarna has revealed its intention to use artificial intelligence to reduce its number of workers. The Sweden-based fintech company wants to cut almost half of its staff as it gets ready to go public. The Chief Executive Officer of Klarna,...

AGM Group has announced the appointment of Mr. Chong Chao Ma as the company’s Chief Executive Officer for its Canadian subsidiary, AGM Canada. The appointment is in line with its expansion plans into the North American cryptocurrency market. Chao is...

Cardiff-based Zero Fintech, which is B Corp certified, has announced its delivery partners as it prepares to launch soon. These partners include Mastercard, Marqeta, Transact Payments, TAG Systems, Flagright, Kani, Plaid, and Onfido. Zero is a new UK finance application...

Webull UK, a digital investment platform, has introduced options trading for its users. This new feature is aimed at experienced, active traders who want to make money from changes in share prices while controlling risk. Options trading on Webull UK...

AXE Securities, a Bahama-based contract for differences (CFDs) broker, has acquired The Forex Funder (TFF), becoming the latest firm to venture into the growing prop trading industry. The prop trading firm was previously managed by Tommy Cobain, a popular trader...

Revolut and Visa are collaborating to offer instant card transfers for customers of Revolut. The new product will utilize the Visa Direct system. According to the announcement, the collaboration will solve the complexity and delay issues associated with international payments....

Stripe has announced the promotion of Rahul Patil as the firm’s new Chief Technology Officer. He has replaced David Singleton in that position. David, who congratulated Rahul in a LinkedIn post, has been with Stripe for over four years. Following...

Interactive Brokers has announced the expansion of its global trading platform by allowing access to the stock exchange platform, Bursa Malaysia. The platform is one of the largest stock exchanges in Southeast Asia. The latest move will simplify the trading...

AvaTrade, a broker for FX and CFDs based in Ireland, has announced that it is now authorized by the Financial Superintendence of Colombia (SFC) to operate in the country. The company said this important milestone shows its dedication to following...

Crypto exchange Gate.io has entered a partnership deal with Italian football giant FC Internationale Milan (Popularly known as Inter Milan). While the financial details of the partnership were not disclosed, the sponsorship deal will bring more football enthusiasts closer to...