Fintech

GTN — a provider of investment and trading solutions for brokers, banks and asset managers — is partnering with financial Revolut to launch bond trading for European users. What Happened: Revolut is leveraging GTN's instant click-to-trade functionality, which is delivered via FIX and REST APIs....

WonderFi Technologies Inc (TSX:WNDR) (OTCQB:WONDF), a regulated cryptocurrency trading and digital asset management company, has made a significant move in the market, launching CoinSquare Alpha, a unique crypto service for institutional clients with large portfolios and volumes. Why It Matters:...

Alibaba Group Holding Ltd (NYSE:BABA) affiliate Ant Group Co spent $2.9 billion (21.2 billion yuan) on research in 2023 to advance its artificial intelligence ambitions. The Jack Ma-backed fintech company has been spending heavily on research and development over the past three years. Ant has...

Nada, the innovative investment tech platform connecting homeowners with investors, appoints Tore Steen as its new CEO and President. Nada is an alternative asset investment and finance platform, making the $30 trillion home equity market accessible to individual investors and homeowners. Steen, a...

The financial technology sector, which experienced a significant drop in valuations, has now reached a “bottom,” according to industry leaders and investors. This change marks a shift from the sector’s previous high valuations in 2020 and 2021. What Happened: The Money20/20 event...

Key Takeaways: UP Fintech’s revenue increased 19% year-on-year in the first quarter as its number of funded accounts grew 15% The online brokerage has entered Hong Kong as its latest new market under a stepped-up international expansion after a major clash with the Chinese regulator By...

Editor’s Note: The story has been updated to correct the typo of 10 million newly issued shares in Diamond Lake Minerals to 1 million. GlobexUS Holdings Corp ("Horizon Fintex"), powering the regulated tokenized-securities exchange Upstream, has entered into a $3.75 million share exchange...

Stake, a Dubai-based digital platform for real estate investment, has successfully raised $14 million in its Series A funding round. The investment was led by Saudi Aramco‘s venture capital arm and Abu Dhabi’s sovereign wealth fund, Mubadala Investment Co. Why It Matters: The Series A...

PayPal Holdings Inc. (NASDAQ:PYPL) is making headlines, after jumping 5.49% on Thursday. This rise comes as CEO Alex Chriss shared an optimistic outlook at the Bank of America’s Global Technology Conference on Wednesday. The stock to gain 5.6% over the past year and 10% year-to-date. 2024...

Customers Bank, known for its crypto-friendly services, has ceased providing banking services to certain hedge-fund clients. What Happened: While the bank revealed halting services, the extent of the off-boarding remains unclear. CoinDesk reported on Friday, citing three people familiar with the...

Robinhood Markets Inc (NASDAQ:HOOD) shares are moving higher Thursday after the company announced it will acquire cryptocurrency exchange Bitstamp. What Happened: Robinhood announced Thursday morning that it entered into an agreement to acquire Bitstamp and bring its globally-scaled crypto exchange...

Robinhood Markets, Inc. (NASDAQ:HOOD) has signed an agreement to acquire crypto exchange Bitstamp, in a move that significantly expands Robinhood’s presence in the crypto market. What Happened: The all-cash deal is valued at approximately $200 million, subject to customary adjustments, and...

LoanPro, a leading credit platform, announced a direct integration with Visa DPS, one of the largest issuer processors for Visa debit transactions. This integration enables LoanPro to offer card issuers, brands, financial institutions, and fintechs a unified platform to launch, manage, and service...

Navan, a $9.2 billion fintech company, has appointed a former New York Stock Exchange executive as its new chief financial officer. What Happened: Amy Butte, who served as NYSE’s CFO from 2004 to 2006, will join Navan in June, CNBC reported on Monday. Butte was previously appointed as Audit...

BlackRock Inc.’s iShares Bitcoin Trust (NASDAQ:IBIT) ascended to become the largest Bitcoin fund globally. The exchange-traded fund (ETF) overtakes long-time leader Grayscale Bitcoin Trust (NYSE:GBTC). This marks a pivotal moment in the competitive landscape of cryptocurrency investment...