Zero Hash Hits $1 Billion Valuation After $104m Raise Led by Interactive Brokers LeapRate

September 25, 2025 BY Sam Boughedda

Zero Hash Hits $1 Billion Valuation After $104m Raise Led by Interactive Brokers

The round was led by Interactive Brokers, with significant participation from major institutions including Morgan Stanley, Apollo-managed funds, SoFi, Jump Crypto, Northwestern Mutual Future Ventures, FTMO, IMC and Liberty City Ventures. Existing backers such as PEAK6, tastytrade and Nyca Partners also took part. For several of these investors, it is said to mark their first…

September 25, 2025 BY Sam Boughedda

SEC Chief Operating Officer Ken Johnson to Retire

Johnson has held the role of COO since 2017, overseeing the SEC’s operational and administrative functions. These include human resources, acquisitions, financial management, information technology, the EDGAR business office, and support operations such as records management and facilities. “Ken has been an integral leader at the SEC for more than two decades,” said SEC Chairman…

September 25, 2025 BY Sam Boughedda

Revolut Opens Global HQ in London, Targets 100 Million Retail Customers by 2027

The fintech, which has grown to 65 million customers worldwide, including 12 million in the UK, aims to reach 100 million users by mid-2027. To support this growth, Revolut will invest $13 billion (£10 billion) over the next five years, creating 10,000 jobs globally. Of this, $4 billion (£3 billion) will be directed to the…

September 25, 2025 BY Sam Boughedda

FIS Acquires Amount to Boost Digital Banking Capabilities

Amount, which has processed more than 150 million new account applications, provides cloud-native, AI-enabled solutions that streamline digital account opening across lending, cards and deposits for banks, lenders and credit unions. The integration of its technology into FIS’ systems is expected to expand opportunities for both consumer and small business customers. Stephanie Ferris, chief executive…

September 24, 2025 BY Sam Boughedda

Eurex and Premialab Launch QIS Index Futures to Broaden Investor Access

The initiative, which marks the latest step in Eurex’s push to “futurize” markets, will launch on 27 October with three thematic QIS index futures based on indices from Société Générale and Solactive. The firm explained that the new futures aim to make systematically managed investment approaches more accessible by shifting products traditionally traded over-the-counter (OTC)…

September 23, 2025 BY Sam Boughedda

ASIC Restrains Global Investment Marketing Director from Overseas Travel

The Federal Court granted the orders, preventing Mr Geddes from leaving or attempting to leave Australia until 16 March 2026. The application, brought by the Australian Securities and Investments Commission (ASIC), was not opposed by Mr Geddes. ASIC said it sought the orders due to concerns that Mr Geddes might attempt to travel abroad and…

September 23, 2025 BY Sam Boughedda

Alipay+ and Mastercard Enable Global NFC Payments for Kakao Pay Users

Kakao Pay is now one of the first Alipay+ partners to roll out “tap-to-pay” functionality abroad, expanding its cross-border payment offering beyond QR and barcode systems. The company said users with NFC-enabled Android phones can tap at over 150 million Mastercard merchant locations worldwide, covering markets such as Japan, Southeast Asia, the U.S., Europe and…

September 23, 2025 BY Sam Boughedda

Saxo Bank Launches Digital Wealth Management Platform in France

The tech-driven platform provides a one-stop system combining multi-asset brokerage, custody services and advanced digital wealth tools, allowing professionals to manage client portfolios efficiently and in compliance with regulatory requirements. Saxo, with more than 30 years of experience in global capital markets, said the new solution would help French wealth managers streamline operations, cut costs…

September 23, 2025 BY Sam Boughedda

Paysafe Partners with CMC Markets to Expand Digital Wallet Offering for Traders

The move will allow CMC Markets’ clients in the European Economic Area, south-east Asia, the Middle East and other international markets, excluding the U.K. and U.S., to fund trading accounts using Paysafe’s payment solutions. Paysafe said customers will also be able to make withdrawals directly into the wallets, with funds transferable to bank accounts, cards…

September 22, 2025 BY Sam Boughedda

SIX and FIDA Launch Joint Portfolio Management Terminal in France

The solution, branded “FIDA Workstation powered by SIX,” will combine FIDA’s software expertise with SIX’s extensive database on funds and savings products marketed in France. Initially targeted at the French market, the workstation is said to be designed to streamline advisory services by offering comprehensive fund data, performance analysis and classification across investment strategies. The…

Category: Financial Services