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Fintech Robinhood fires 713 employees following a drop in revenue

News | Cryptocurrencies | 03 Aug 2022

US-based fintech platform Robinhood has scaled down by firing 713 employees just three months after it already reduced its headcount by 9%.

trading platform, financial institutions, financial services, cryptocurrency

Cartona completes USD 12 mln Series A fundin

News | Ecommerce | 25 Jul 2022

Egypt-based B2B platform digitalising the country’s traditional trade marked, Cartona, has completed its USD 12 million Series A funding round.

B2B payments, funding, crowdfunding, expansion, ecommerce platform, digital payments, digitalisation, financial inclusion, cashless, embedded finance, trade finance, trading platform

Emma rolls out commission-free stock trading

News | Online & Mobile Banking | 22 Jul 2022

UK-based Open Banking-based personal finance app Emma has rolled out commission-free stock trading, according to AltFi.

product launch, trading platform, personal finance management, Open Banking

Zimpex suspends crypto withdrawals

News | Cryptocurrencies | 21 Jul 2022

Digital assets exchange platform Zimpex has officially announced it is pausing withdrawals until further notice.

cryptocurrency, cryptocurrency exchange, crypto, crypto asset, online platform, trading platform, COVID-19, Russia Ukraine War, Unicorn

TradeUI trading platform launches own social network

News | Payments General | 11 Jul 2022

TradeUI, an all-inclusive trading signals platform that offers users advanced tools to help spot and act on unusual trades, has announced the launch of its own social network.

product launch, trading platform, fintech, crypto

TrueLayer collaborates with CMC Markets

News | Payments General | 07 Jun 2022

TrueLayer, a UK-based Open Banking platform, has announced its collaboration with CMC Markets, an online financial trading business.

partnership, Open Banking, trading platform, digital onboarding, identity verification

BitMEX launches BitMEX Spot Echange

News | Cryptocurrencies | 27 May 2022

BitMEX, a crypto trading platform, has launched its Spot Exchange for retail and institutional traders as the company looks to expand its product offering in the continent and globally.

cryptocurrency, research, trading platform, cryptocurrency exchange, retail

Wombat teams with Currencycloud to launch Instant Investment service

News | Payments General | 25 May 2022

UK-based investment platform Wombat has partnered with cross-border payments company Currencycloud to launch its free Instant Investing account.

investment, partnership, API, trading platform, FX

Mitrade taps Azupay for real-time payments

News | Payments General | 20 May 2022

Australia-based trading broker Mitrade has partnered with payment platform Azupay to make deposits and withdrawal of funds faster for Australians.

partnership, trading platform, real-time payments, instant payments, cryptocurrency, product upgrade

BitMEX adds spot crypto exchange to its services

News | Cryptocurrencies | 18 May 2022

Global crypto derivatives exchange BitMEX has expanded its platform beyond just derivatives by launching a spot crypto trading platform.

product launch, cryptocurrency, cryptocurrency exchange, trading platform, Bitcoin

comdirect launches new social trading app hi!stocks

News | Online & Mobile Banking | 13 May 2022

Germany-based bank comdirect has launched social trading app hi!stocks.

product upgrade, product launch, banking, investment, trading platform

Scalable Capital expands neobroker to Austria

News | Cryptocurrencies | 10 May 2022

Germany-based digital asset manager Scalable Capital has announced expanding its online broker functionalities with trading options in Austria. 

expansion, cryptocurrency, cryptocurrency exchange, crypto asset, trading platform

Robinhood to introduce new lending feature

News | Cryptocurrencies | 05 May 2022

US-based trading platform Robinhood has launched a feature that will allow its users to lend out their stocks in hopes of earning passive, recurring income from borrowers.

product upgrade, trading platform, financial institutions, financial services, cryptocurrency

Online brokerage Stake receives USD 90 mln in funding

News | Ecommerce | 27 Apr 2022

Australia-based digital broker specialised in US stocks Stake has announced the completion of a USD 90 million fundraising round.

trade finance, funding, crowdfunding, online platform, trading platform, cryptocurrency exchange, cryptocurrency

akt.io, a financial mobility app, has launched

News | Cryptocurrencies | 21 Apr 2022

Automata has launched akt.io, an application that aims to revolutionise the way people manage their personal finances.

cryptocurrency, trading platform, financial services, product launch, IBAN

Circle raises an additional USD 400 mln

News | Cryptocurrencies | 18 Apr 2022

Payments fintech Circle has raised an additional USD 400 million in a funding round led by BlackRock, Fidelity, and Fin Capital, among others.

stablecoin, funding, online payments, payments infrastructure, partnership, virtual asset, digital assets, trading platform, trade finance

BloXroute raises USD 70 mln

News | Cryptocurrencies | 15 Apr 2022

BloXroute, a US-based crypto firm that provides tools for DeFi trading, has raised USD 70 million in a Series B funding round led by SoftBank Vision Fund 2.

banks, funding, DeFi, cryptocurrency, trading platform

FCA allows crypto firms to trade past licensing deadline

News | Cryptocurrencies | 05 Apr 2022

The Financial Conduct Authority (FCA) has allowed several cryptocurrency companies to continue trade past a licensing deadline as it continues to assess applications.

regulation, trading platform, cryptocurrency exchange, crypto, digital assets

Flink to set up debut date in Colombia, its second LATAM market

News | Online Payments | 04 Apr 2022

Mexico-based investment platform Flink has scheduled its anticipated debut on its second LATAM market, Colombia, for June 2022.

expansion, crowdfunding, funding, investment, trade finance, mobile payments, trading platform, online platform, fintech

Miracle Cash&More opens physical cryptocurrency store in the Netherlands

News | Cryptocurrencies | 16 Mar 2022

Estonia-based crypto fintech Miracle Cash&More has announced launching its first physical cryptocurrency store in Amsterdam. 

expansion, cryptocurrency, cryptocurrency exchange, trading platform, transactions , fintech