The Dutch banking provider Finom has secured $105 million (€92 million) in growth funding from General Catalyst’s Customer Value Fund, the company announced today (Wednesday). The investment will support FINOM’s customer acquisition strategy across Europe without diluting existing shareholders. FINOM Raises $105 Million to Fuel European Expansion This funding comes more than a year after […]
Category Archives: Fintech
FD Technologies plc has confirmed it is in advanced discussions with TA Associates Management, L.P. regarding a possible acquisition. The confirmation follows recent movements in FD Technologies’ share price. Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of […]
The UK’s Financial Conduct Authority (FCA) is planning to simplify complaints reporting for around 10,000 regulated entities. While the FCA does not directly mention CFDs and retail trading firms, the proposed changes are likely to impact these providers, offering them a potentially predictable reporting process. Under the FCA’s rules, firms authorized to carry out regulated […]
Former financial services director Mark Francis McCabe has been sentenced to four years and three months in prison for orchestrating a sophisticated forex trading scam that defrauded investors of nearly $1 million. Former Financial Director Sentenced to Over 4 Years for $1M Forex Trading Fraud The Downing Centre District Court in Sydney imposed the sentence […]
B2BROKER, a leading global provider of fintech and liquidity solutions, has announced the launch of its groundbreaking Liquidity Provider Turnkey, the first fully integrated solution designed to enable financial institutions to launch their own Prime-of-Prime (PoP) liquidity operations with unprecedented speed and technical sophistication. Today, while most providers continue offering standard FX broker turnkey packages, […]
As more European companies eye Wall Street for their debut listings, exchanges on the continent are mounting a counteroffensive. With IPO volumes already depressed, operators like Deutsche Boerse and Euronext are pressing to change the narrative that New York guarantees better value for newly public firms, Reuters reported. Hype Surrounding US Listing Citing a document […]
European exchange operator Euronext reported a significant increase in its foreign exchange (Forex) trading business for the first quarter of 2025, with FX trading revenue jumping over 30% to €9.2 million compared to the same period last year. Euronext Reports Record FX Trading Volumes in First Quarter 2025 The surge in FX trading performance came […]
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May
May
eToro has partnered with Google to launch a new advertising campaign using generative AI. The ads were produced entirely with Veo 2, a video generation tool developed by Google DeepMind. This marks one of the first known uses of the tool in a full-scale marketing campaign. Meanwhile, eToro is preparing an initial public offering that […]
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May
May
eToro has confirmed that it has increased the price of its initial public offering (IPO) to $52 per share, as its shares are set to begin trading publicly on Nasdaq today (Wednesday) under the ticker “ETOR”. Raising More Money The Israeli company has also decided to offer about 12 million shares in the public offering, […]
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May
May
eToro (NASDAQ: ETOR) filed a registration statement with the U.S. Securities and Exchange Commission (SEC) on Tuesday to register shares for its newly established employee share purchase plan, following its recent public listing earlier this month. At the same time, the fintech’s share price rebounded by 4.5% on Wall Street during yesterday’s session, closing at […]