NextGen Nordics, Finextra’s annual payments event, kicked off on April 23 2024 in Stockholm, Sweden, bringing together an array of experts and leaders in the Nordics payments industry.
Italy’s UniCredit is to return previously outsourced back-office activities for securities services inhouse, creating more than 140 new jobs in Germany
According to Lloyds, two out of three financial institutions are already investing in AI. Discover why at Finextra’s inaugural NextGen: AI event this November.
2023 saw a 94% decline in funding for Irish fintechs, according to recently published research.
Revolut users in France, Belgium, and Germany will be able to send and request payments using EPI’s digital wallet, Wero, from July.
The respective trade associations for the UK and Singapore’s asset management industries have signed up to Project Guardian, a cross-border initiative led by the Monetary Authority of Singapore and designed to promote use-cases for blockchain.
Moment has raised $36 million in Series B funding led by Index Ventures for its platform automating trading and portfolio management workflows for fixed income teams.
HSBC is lauding the results of trials with IBM that tested the value of current quantum computers for algorithmic trading in the bond market
UK fintech Untangled Finance has raised $13,5 million for it platform to bring institutional-grade credit with a built-in liquidation mechanism on-chain.
Dub, a copy trading app that enables users to mimic the portfolio strategies of notable investors, has raised $30 million in funding.
Wise shareholders have voted in favour of the fintech’s plan to shift its primary listing from London to the US.
The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (Asic) have expressed grave concerns about the management of operational risk at the country’s leading stock exchange following a batch settlement failure in December last year.
Frax intends to be the US digital dollar and to establish itself as “the world’s most innovative decentralised stablecoin and DeFi stablecoin infrastructure.”
Upvest, a Berlin-based startup offering a plug-and-play API for fintechs entering the investment market, has raised €30 million and secured a deal with BlackRock to make investing more accessible for millions of people across Europe.
ABN Amro is to acquire European neobroker Bux, strengthening its footprint in the retail investment space.