Irish users of Plum app to get stock trading feature
UK fintech company Plum is to roll out a stock trading feature in Ireland in the coming months, will allow users to invest in US stocks.
KX enhances its white-label foreign exchange trading platform, KX Flow
KX, a worldwide leader in real-time streaming analytics, has today announced enhancements to KX Flow, its white-label foreign exchange trading platform.
Fintech Wise to pioneer direct listing in boost to London
UK fintech Wise (previously TransferWise) has announced it plans to go public with the first direct listing on London’s main market.
Spanish brokerage platform launches open banking payments with Truelayer
HeyTrade’s customers can use TrueLayer’s open banking infrastructure to top up their accounts instantly using the fintechs Payments Initiation Service.
UK trading platform eToro to go public in $10bn SPAC deal
Trading giant eToro has confirmed reports that it is due to list via a $10bn SPAC deal. The Israeli fintech announced it would go public at a valuation of $10.4bn after merging with FinTech Acquisition Corp. V (FinTech V), a publically-traded SPAC run by American businesswoman Betsy Cohen. A SPAC (special-purpose acquisition company) is a way for companies to go public without going through all the hassle and expense of an IPO (initial public offering). Cohen founded Bancorp, a bank holding company based in Minneapolis, in 1999 and subsequently FinTech V, which raised $250m when it listed on the NASDAQ in December 2020. As part of the deal, eToro will […]
Freetrade preparing to take the plunge Down Under
Freetrade has joined the ever-growing list of UK fintechs setting up in Australia with the investment platform to open an office in Brisbane.
UK fintech Mode to float on London Stock Exchange
UK fintech startup Mode is looking to raise £7.5 million through a float on the London Stock Exchange.
Fintech: Why It Matters So Much to Your Investment
Fintech is a term that combines two words; Financial and Technology. It means emerging financial services that are fast expanding to include inventions in financial literacy, retail banking, education, investing, and cryptocurrencies. While fintech was initially only applied to conventional technologies that were applied to back-end established clients and financial institutions, the term now refers to how to people operate their enterprises ranging from double-entry accounting to currency invention. Notably, financial technology has grown explosively as mobile internet revolution advances. Facts about Fintech and their applications today In their latest report, Accenture established that international investment in fintech blast through the roof in just a couple of years. From $ […]
