Category: Fintech

eToro booth
December 15, 2023 BY Simon Mugo

eToro Adds Almost 700 US Stocks to Its Tradable Assets Portfolio

The expansion not only offers a broader range of stock options to eToro's users but also aligns with the company's mission to provide cost-effective trading solutions. The users now have the chance to diversify their investment portfolios more robustly by adding these stocks. The expansion covers a variety of new stocks, thus broadening investment choices…

Read more
oneZero
December 13, 2023 BY Simon Mugo

oneZero’s CEO Announces Plan To Launch Innovative Tools in 2024

Andrew Ralich, the CEO of oneZero, highlights that these developments are part of four key themes planned for the next year. These include advancements in artificial intelligence (AI) for analysing foreign exchange (FX) data, strategies to capitalise on market flow, and adapting to the T+1 settlement shift in North America. Ralich emphasises the importance of…

Read more
December 12, 2023 BY Elizabeth Anderson

Citigroup Inc. announces new investment into Colombian fintech Supra

According to a press release, Citi’s cross-border payment solutions will help the fintech expand across Colombia, with a potential reach into other neighbouring countries. Supra has also received backing from early-stage capital investor Far Out Ventures and the early-stage capital management fund H2O Capital Innovation. Don’t miss out the latest news, subscribe to LeapRate’s newsletter…

Read more
December 05, 2023 BY Elizabeth Anderson

Adyen partners with Klarna to streamline online card payments

As of December, Klarna had 150 million consumers and 500,000 retail partners worldwide. The existing partnership between the two companies supported interest-free Pay Now and Pay Later options for Adyen customers. Focusing on a new strategy, this refreshed agreement establishes Adyen as an acquiring bank on behalf of Klarna. It will come into effect in…

Read more
Plus500 office
December 04, 2023 BY Simon Mugo

Plus 500 Expands Its US Presence by Joining FIA

This membership with the FIA, established in 1955, is a strategic step for Plus500. The FIA advocates for the futures, options, and derivatives markets and includes various members such as futures commission merchants, principal traders, clearing firms, exchanges, and trading firms. Plus500's membership aligns them with other significant market players in these fields. David Zruia,…

Read more
Tiger Brokers
November 27, 2023 BY Simon Mugo

Tiger Brokers Parent, Up Fintech, Adds 24,604 Customers in Q3

The company's impressive financial results underscore its commitment to providing innovative solutions to its growing customer base. In the latest financial highlights, UP Fintech witnessed a remarkable 26.6% year-over-year increase in total revenues, reaching an impressive $70.1 million. Meanwhile, net revenues also experienced notable growth, rising by 13.5% to $58.0 million. The standout achievement, however,…

Read more
November 07, 2023 BY Elizabeth Anderson

Ebury announces plans to launch IPO in 2025

Santander (SAN.MC) owns the majority stake in Ebury. At a funding drive last year, it increased this control to 67%. Presently, Ebury, a UK-based firm, is valued at £900m. Ebury specialises in payments, cash management, and business-based trade finances. Lobato further said the company’s latest financial results, which will be published soon, reflect spiked growth.…

Read more
October 24, 2023 BY Elizabeth Anderson

Revolut adds European stocks to platform

Rolandas Juteika, Head of Wealth and Trading (EEA), noted that the FinTech company works continuously to make investing and trading accessible to all members of society. Juteika stated: We want to bring our customers easy access to companies that are closer to them. From Adidas to Zalando, our customers can now invest in well-known European…

Read more
October 05, 2023 BY Elizabeth Anderson

LiquidityBook launches new LBX Suite, and announces Messer acquisition

On Tuesday, LiquidityBook officially rolled out its newly enhanced trading tech platform with various in-demand functionalities. B2B clients can now access new workflows for LBX Sell-Side and LBX Buy-Side products and dig into useful features such as shadow Net Asset Value (NAV) capabilities. Portfolio management has been LiquityBook’s forte for almost two decades since its…

Read more
August 29, 2023 BY Elizabeth Anderson

Binance reconsidering strategic ties with Russia

Authorities believe Binance assisted and is assisting Russians to transfer funds out of Russia, despite the company’s claims that it stopped all operations in this country. This crypto exchange also stressed its support of Western-based sanctions against Russia after it invaded Ukraine. To align its activities with the said sanctions, Binance said it had limited…

Read more