Backpack collaborates with Praxis Cashier to launch Backpack Pay LeapRate

Match-Trade launches a Partnership Program

March 21, 2019 BY Valentina Kirilova

Backpack collaborates with Praxis Cashier to launch Backpack Pay

Backpack, a comprehensive SaaS back office solution, today officially launched Backpack Pay, a smart payments software for accepting payments. The new product was developed in conjunction with Praxis Cashier Systems Ltd, a payments software solutions providers serving fintech companies. Backpack is known as a comprehensive SaaS platform for back office operations and offers a portfolio…

March 21, 2019 BY Valentina Kirilova

IG Group Holdings releases Q3 revenue update

UK online trading leader IG Group Holdings plc (LON:IGG) just released an update regarding the Group’s revenues for the three months ending 28 February 2019 - the company’s third quarter of fiscal year 2019 (Q3 FY19). Revenue for Q3 fiscal 2019 This was the second quarter in which the new ESMA regulations prohibiting the sale…

LMAX Exchange Group announces record interim results 2019

March 21, 2019 BY Valentina Kirilova

LMAX Exchange Group announces excellent growth in 2018

LMAX Exchange Group's 2018 financials report has just gone out, releasing excellent growth and record financial performance for the year ended 31st December 2018. 2018 financial highlights include: Gross Revenues of US$50m, up 27% from 2017 Gross Profit of US$45m, up 35% from 2017 Statutory EBITDA of US$18.6m, up 62% from 2017 Operating Profit of…

March 21, 2019 BY Valentina Kirilova

GMI UK teams up with Takeprofit Technology

FCA regulated institutional FX and CFDs broker, Global Market Index Ltd (GMI UK) has just announced that it has partnered with Takeprofit Technology to distribute FX, CFD and Crypto liquidity to mutual partners. GMI UK have been committed to growing their Institutional business, partnering with a number of tech vendors such as Gold-I and One…

March 21, 2019 BY Mariela Naydenova

The SEC to hold a public forum on fintech and blockchain

The SEC seems to be trying very hard to understand the blockchain, fintech and cryptocurrency world. The agency is preparing to hold a public fintech forum on blockchain in May, 2019. The SEC announced that some of its staff will hold a forum on DLT and digital assets on 31st of May. Some time ago,…

Jack Dorsey’s Square Crypto reveals its first hire - Google alum Steve Lee

March 21, 2019 BY Mariela Naydenova

Square Crypto - Jack Dorsey's way to improving the crypto community

Bitcoin has built some stamina over the last few weeks, which, although have been quite volatile, the cryptocurrency managed to stabilize its price level at just above $4,000. Currently, Bitcoin is trading at around $4,025. Now, there is an ambitious plan put forward by the CEO of Square and Twitter, Jack Dorsey, who is reportedly…

March 20, 2019 BY Valentina Kirilova

ASIC liquidates land banking investment scheme and linked entities

The Australian Securities and Investment Commission (ASIC) today announced that its application to the Federal Court for the winding up of Aviation 3030 Pty Ltd (Aviation), a company based in Melbourne, was successful and that the court has granted orders to wind up Aviation due to a legitimate lack of confidence in the management team…

March 20, 2019 BY Valentina Kirilova

FCA warns against Priv Invest clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Priv Invest. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…

March 20, 2019 BY Valentina Kirilova

Hong Kong crypto exchange Gatecoin ordered by court to shut down

Another week, another casualty in the crypto community. The ravages of Crypto Winter continue to wreak havoc on the crypto landscape, as a court in Hong Kong has ordered the local Gatecoin crypto exchange to shut its doors and liquidate its assets. Gatecoin marks the fifth crypto exchange to close its doors in 2019. Company…

March 20, 2019 BY Valentina Kirilova

Fullerton Markets enters into white label partnership with BeGold Trading Sdn Bhd

Fullerton Markets today announced that it has entered into a white label partnership with BeGold Trading Sdn Bhd, which is based I Malaysia. The collaboration will give BeGold’s clients access to the modern trading platform operated by Fullerton Markets and the benefits associated with the triple fund safeguards provided by the Fullerton Shield. Eugene Paik,…