Transak Secures Dual Licenses in Canada and Delaware for Crypto Access
Transak has obtained two licenses from Canada and the US to enhance its regulatory compliance. In the US, Transak USA LLC secured its second Money Transmitter License (MTL) from the State of Delaware,...
View ArticleBroadridge Acquires Canada’s Wealth Management Solution Provider
Broadridge Financial Solutions acquired the wealth management platform Kyndryl Securities Industry Services (SIS) platform to boost its presence in the Canadian financial services sector. According to...
View ArticleFintech Giant Claims Banks Blocked Transfers for 14 Years in Market-Share Fight
Cinkciarz.pl, one of Poland's largest currency exchange platforms, continues its major legal offensive against several banks. It alleges systematic blocking of funds exceeding 1.3 billion zlotys ($300...
View ArticleWise Disrupts Banks’ Remittance Monopoly: Now Becomes Standard Chartered's...
Wise (previously Transferwise), established to challenge big banks charging unnecessary fees for cross-border payments, has partnered with Standard Chartered to provide retail remittance services to...
View ArticleWise Posts 57% Profit Jump as Customer Base Expands Beyond 11 Million
Cross-border payment provider Wise (LSE: WISE) reported a 57% increase in underlying profit for the first half of fiscal year 2025, as the company's expansion of its global payment infrastructure and...
View ArticleWhy VCs Can't Stop Throwing Money at US Startups
The United States continues to dominate the global venture capital landscape, commanding over 55% of high-value deals worth $100 million or more during the first nine months of 2024, according to new...
View ArticleeToro Survey: 55% of Gen Z Discuss Investments with Friends, Surpasses Boomers
A recent survey from eToro shows that Gen Z investors are far more likely than older groups to discuss investments with friends and family. The study, covering 10,000 retail investors across 12...
View ArticleAdyen Revenue Hits €498.3 Million on Digital Commerce Surge
Dutch payment technology giant Adyen NV reported stronger-than-expected third-quarter results, with net revenue climbing 21% at constant currency, highlighting the company's successful recovery from...
View ArticleEbury Kicks Off as Official FX Partner of C.D. Leganés for Global Transactions
Ebury, a global financial technology firm, has become the new “Official FX Partner” of Spanish football club C.D. Leganés.C.D. Leganés and Blue Crow Sports Club will use Ebury's services as a strategic...
View ArticleBIS Exits from China Backed mBridge CBDC Project After BRICS Summit
The Bank for International Settlements (BIS) announced its decision to exit the mBridge cross-border payments project, a CBDC initiative in which China has been a key technology contributor. China...
View ArticleRevolut Clashes with Early Investors over Blocked Share Sale
Revolut’s dispute with a crowdfunding platform concerning the sale of its shares escalated into a potential legal battle. The fintech giant reportedly blocked a discounted secondary share sale...
View ArticleRobinhood's User Base Soars Past 24M as Deposits Hit $5.2B Mark
Popular trading platform Robinhood saw substantial growth across its key metrics in October, with significant increases in trading volumes and customer assets under management.Robinhood Reports Surge...
View ArticleNuvei Reports $357.6 Million Revenue Ahead of Advent Buyout
Nuvei Corporation demonstrated solid growth in the third quarter of 2024, with total payment volume surging 27% to $61.3 billion, as the Canadian fintech company approaches the final stages of its...
View ArticleCinkciarz.pl Aims for Banking Future After License Loss, but Regulator Pushes...
Polish fintech company Cinkciarz.pl (Conotoxia) sparked controversy this week after announcing plans to transform into a joint-stock company and pursue a banking license, drawing immediate pushback...
View ArticleRevolut Expands M&A Team and Rolls Out Revolut X to 30 EEA Markets
Revolut, a fintech company, is expanding its mergers and acquisitions (M&A) division, signalling a potential shift towards acquiring other businesses. Revolut is expanding its crypto platform,...
View ArticleThe Regulator Revoked Their License, They Took It to Court: Cinkciarz.pl...
Polish payment and currency exchange services provider Cinkciarz.pl (Conotoxia) has filed a legal challenge against the country's market watchdog KNF over the revocation of its operating license. The...
View ArticleRevolut India CEO Reveals Upcoming Product: Aims to Disrupt Local FX Market
Revolut, which has confirmed its ambitions to enter India, will offer the largest South Asian market wallets that facilitate both forex and domestic payments through prepaid cards and the Unified...
View ArticleRevolut Launches UK and EU Stock Trading in 2025 Following FCA Approval
Revolut Ltd will start offering trading of UK and EU-listed stocks in 2025. The company recently received approval from the Financial Conduct Authority (FCA) to operate as an investment firm. This...
View ArticleThis Fintech Repays 60% of Customer Funds After License Revocation, Sets...
The Polish financial technology company recently stripped of its payment services license, Conotoxia Sp. z o.o. (part of Cinkciarz.pl), announced today (Tuesday) a settlement plan promising full...
View ArticleRobinhood Expands Wealth Management Services With $300M TradePMR Acquisition
Robinhood plans to acquire custodial and portfolio management firm TradePMR. The California-based commission-free investing firm entered into an agreement to buy the company, which targets Registered...
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