Category: Fintech

Sberbank launches new system for payment services SberPay
January 31, 2025 BY Sam Boughedda

AstroPay Obtains Payment Institution License for Multicurrency Wallet in Brazil

The license allows AstroPay to expand its multicurrency wallet services, offering cross-border transactions for both local and international users. With the regulatory approval, AstroPay said it aims to provide faster and more cost-effective financial solutions. Its “Pix for Foreigners” feature enables international visitors to make instant payments in Brazilian reais, reducing reliance on credit cards…

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January 30, 2025 BY Sam Boughedda

Trade Republic Launches Localised Banking Products in Italy

The announcement comes just weeks after a successful launch in France.  The company, which has over 8 million customers and more than €100 billion in assets under management, is introducing a free current account with a local IBAN and an automated tax submission system, directly competing with traditional banks. As a result of the launch,…

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financial buildings
January 30, 2025 BY Sam Boughedda

Euroclear and Microsoft Enter Multi-Year Strategic Partnership

The collaboration is expected to accelerate Euroclear’s transition into a Digital and Data-Enabled Financial Market Infrastructure, benefiting capital markets participants. The company said that by leveraging Microsoft’s cloud, AI, and analytics tools, it is aiming to drive efficiency and security within its operations.  The partnership will focus on modernising Euroclear’s customer engagement, strengthening market infrastructure,…

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January 29, 2025 BY Sam Boughedda

The Kingdom Bank Joins MetaTrader 5 Payments Service

This integration is expected to allow traders to deposit and withdraw funds directly from the MetaTrader 5 terminal. The Kingdom Bank describes itself as a global offshore crypto-friendly fintech bank. It is based in Dominica. It is said to operate in over 80 countries and supports more than 30 currencies.  The press release states that…

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January 28, 2025 BY Sam Boughedda

SBI Holdings to Acquire Majority Stake in Solaris

The move is set to make Solaris a consolidated subsidiary of SBI, marking a significant step in its European financial market ambitions. Solaris SE operates a platform specialising in embedded finance and holds a European banking licence.  Furthermore, the company has established partnerships with key players such as the All German Automobile Federation (ADAC) and…

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Euronext
January 28, 2025 BY Sam Boughedda

Euronext Agrees Deal to Buy Nasdaq’s Nordic Power Futures Business

The companies have signed a binding agreement. The move marks a notable step in the firm expanding its footprint in the European power market.  Euronext added that the acquisition aligns with its “Innovate for Growth 2027” strategy. The acquisition will see existing open positions in Nasdaq’s Nordic power derivatives transferred to Euronext Clearing, with trading…

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Acuity Trading Barcelona
January 24, 2025 BY Sam Boughedda

Acuity Trading Partners with cTrader

The collaboration brings Acuity’s suite of innovative tools directly to cTrader users, delivering features such as the AI-powered Research Terminal, NewsIQ, and AssetIQ, alongside Economic and Corporate Calendars. The tools are aimed at providing traders with market insights, curated trade ideas, and asset-by-asset analysis. They will all fully be embedded into cTrader's Plugins functionality. “This…

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January 23, 2025 BY Sam Boughedda

Monzo Leans Towards US For Market Listing - The Times

According to a report by The Times this week, the fintech's board is divided, with CEO TS Anil said to be favouring the US for its initial public offering (IPO), while other directors advocate for a UK listing. The decision comes amid growing speculation about a possible IPO following Monzo's strong financial performance last year.…

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Standard Chartered bank HQ
January 21, 2025 BY Sam Boughedda

Standard Chartered Announces Launch of SC PrismFX

The firm said in a press release that the solutions suite is designed to cater to the diverse FX needs of Financial Institutions (FI), Non-Banking Financial Institutions (NBFI), PayTech, and Corporate clients globally. SC PrismFX is said to integrate Standard Chartered’s digital Transaction Banking, Financial Markets, and Digital Platforms under one brand, providing FX payment…

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January 21, 2025 BY Sam Boughedda

Deutsche Bank and Yonyou Sign Strategic MOU

The firm will partner with the goal of enhancing digital financial solutions for Chinese enterprises expanding globally.  The partnership is expected to focus on Global Treasury Management (GTM) to streamline financial management and support globalisation strategies. Furthermore, it will integrate Yonyou’s treasury management system with Deutsche Bank’s financial network, enabling data access and instruction transmission.…

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