Category: Fintech

November 21, 2024 BY Sam Boughedda

eToro Obtains New York License, Announces Launch

The company announced its launch in New York on Tuesday, making its services available to eligible investors in all 50 states. This development was confirmed by a tweet from the New York Stock Exchange (NYSE) on Wednesday, highlighting the importance of eToro's entry into the state.  “Major news from @eToro — the world’s largest social…

Read more
November 19, 2024 BY Sam Boughedda

Revolut Awarded Trading License From FCA

The new license enables Revolut to offer trading services on UK and EU-listed stocks and ETFs to its millions of customers. The move comes after Revolut has already made strides in the investment space, offering US stock trading since 2019. With the new license, the company aims to further diversify its product range and cater…

Read more
ATFX
November 18, 2024 BY Sam Boughedda

ATFX Connect Strengthens Centroid Solutions Collaboration to Enhance Market Liquidity

The company explained that the strengthened collaboration aims to enhance market connectivity and liquidity for its clients of all sizes. They state that by integrating Centroid's bridge technology, brokers can directly connect to top-tier liquidity providers, resulting in faster execution speeds and reduced latency.  The partnership is said to offer several key benefits to brokers,…

Read more
Breaking news: Andrey Dashin announces Exinity launch
November 14, 2024 BY Sam Boughedda

Exinity Partners with Trading Technology Provider TraderEvolution

The company, which designs, engineers and markets a growing range of trading and investing products, said it is aiming to enhance Exinity's trading platform and provide trading and investing experiences across various asset classes. Over the upcoming year, it is expected that Exinity Group's trading capabilities will be enhanced by the integration of TraderEvolution's technology,…

Read more
November 13, 2024 BY Sam Boughedda

Augmentum Fintech Makes $4m Investment in UAE's Pemo

This investment spearheads a $7 million funding round for Pemo. Founded in 2022, Pemo focuses on serving small and medium-sized enterprises (SMEs) in the UAE. They offer corporate cards and a platform to manage business expenses and payments. Augmentum explained in a press release that, with only 1.7% of payments currently made using corporate cards…

Read more
LSEG, London Stock Exchange
November 13, 2024 BY Sam Boughedda

LSEG and IDVerse Announce New Identity Infrastructure Partnership

The companies said in a press release that the partnership will integrate IDVerse's advanced identity verification tools and infrastructure into LSEG's existing suite of digital identity and fraud solutions, allowing businesses to scale global operations and improve the speed and reliability of customer onboarding processes. IDVerse's technology is powered by generative AI and is designed…

Read more
November 13, 2024 BY Sam Boughedda

Morgan Stanley Expansion Capital Invests $20 Million in NovoPayment

NovoPayment, which specialises in delivering digital banking, payments, and card solutions, is expected to use the funding to help accelerate its product and commercial growth and strengthen its position in the banking and payment vertical SaaS market. NovoPayment's platform aims to let banks, fintechs, and other financial institutions deliver digital financial and payment services.  Its…

Read more
November 08, 2024 BY Sam Boughedda

ATFX Connect Partners with Your Bourse to Enhance Broker Liquidity Options

This collaboration aims to elevate liquidity options for brokers. By integrating Your Bourse's advanced technology with ATFX's extensive liquidity solutions, the companies believe their partnership offers several benefits to brokers. The integration of Your Bourse's ultra-fast trade execution capabilities with ATFX's Prime of Prime services is expected to create a “powerful infrastructure” for efficient trading.…

Read more
UBS
November 07, 2024 BY Sam Boughedda

CapBridge Selected as Distribution Partner of UBS's First Tokenised Money Market Fund

The company said in its press release that the collaboration marks a step towards bridging the gap between traditional finance and digital assets. Built on the Ethereum blockchain, uMINT offers investors access to UBS Asset Management's institutional-grade cash management solutions.  By tokenizing the assets, UBS aims to cater to the growing demand for digital financial…

Read more