Category: Fintech

Freetrade
April 02, 2025 BY Sam Boughedda

IG Group Completes Freetrade Acquisition

The deal, first announced in January, was finalised on 1 April 2025. Freetrade will continue to operate as a standalone brand, with co-founder and CEO Viktor Nebehaj and his leadership team remaining in place. Nebehaj said the acquisition would allow Freetrade to “fast-track the rollout of new products and features” while accelerating growth.  Meanwhile, IG’s…

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March 31, 2025 BY Sam Boughedda

Fiserv Announces Launch of Clover in Australia

The company said the system will provide small-to-medium businesses with an all-in-one solution to streamline operations and enhance customer experiences.  The expansion marks Clover’s presence in 11 countries, powering 3.5 million POS devices worldwide. “Ninety-eight per cent of Aussie businesses identify as small-to-medium businesses but many rely on a complex array of solutions that don’t…

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March 27, 2025 BY Sam Boughedda

ATFX Connect Achieves Cyber Essentials Plus Certification

Cyber Essentials Plus is a UK government-backed certification that requires an independent, hands-on technical assessment to verify an organization’s cyber defences against common threats such as malware, phishing, and hacking attempts. Administered by IASME, it represents a higher level of security assurance compared to the standard Cyber Essentials. Issued by Bulletproof and verified by IASME,…

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Robinhood app on mobile
March 27, 2025 BY Sam Boughedda

Robinhood to Launch Robinhood Banking Later This Year

The brokerage said the service is set to launch later this year and will provide a range of private banking-style benefits, including high-yield savings, global money transfers, and exclusive event access. According to Deepak Rao, GM and VP of Robinhood Money, “With Robinhood Banking, we’re trying to solve many of the challenges presented by legacy…

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March 27, 2025 BY Sam Boughedda

Worldline, Castles Technology Partner on SoftPOS Payment Solution

The collaboration is expected to deliver a cost-effective, secure, and mobile-first payment acceptance method, enhancing accessibility for merchants across various industries. SoftPOS, or Software Point of Sale, enables merchants to accept payments directly on smartphones, tablets, or Android mobile devices without requiring additional hardware.  Worldline said in its press release that the solution is particularly…

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CME Group
March 26, 2025 BY Sam Boughedda

CME Group to Utilise Google Cloud’s Universal Ledger for Tokenisation and Payments

CME Group revealed it has successfully completed the first phase of integration and testing of Google Cloud Universal Ledger (GCUL), a distributed ledger designed to streamline asset management and financial transactions.  The initiative aims to improve collateral, margin, settlement, and fee payments by introducing more efficient digital value transfers. Terry Duffy, Chairman and CEO of…

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financial buildings
March 26, 2025 BY Sam Boughedda

Affirm Deepens Multi-Year Agreement with J.P. Morgan Payments

The expanded agreement, announced Tuesday, is expected to enable businesses using J.P. Morgan Payments’ network to integrate Affirm’s flexible financing options at checkout.  The company explained that it will allow consumers to select biweekly or monthly payment plans, with no late or hidden fees.  Affirm’s technology supports transactions ranging from $35 to $30,000 with repayment…

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Robinhood
March 26, 2025 BY Sam Boughedda

John Hegeman Appointed to Robinhood Board

The brokerage highlighted Hegeman’s extensive expertise in digital advertising, product development, and business strategy. Hegeman currently serves as Chief Revenue Officer at Meta, where he leads the company’s global monetisation strategy.  Since joining Meta in 2007, he has reportedly played a key role in shaping its advertising business, overseeing teams across ads, Feed, Stories, notifications,…

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