American trading app Robinhood is buying WonderFi, the Canadian crypto operator of Bitbuy and Coinsquare, for around C$250 million in cash.

Broadridge has launched a ChatGPT-style Large Language Model for streamlining back office operations and cutting settlement fails.

London Stock Exchange Group has appointed Goldman Sachs’ Irfan Hussain chief information officer.

The European fintech industry bore the brunt of a global drop in fintech funding during the first half of 2023, declining by more than half over the peceding period.

An All Party Parliamentary Group (APGG) of UK MPs have branded the FCA as ‘incompetent at best, dishonest at worst’, in a hard-hitting report that calls for wholesale reforms at the financial watchdog.

The Financial Ombudsman Service (FOS) has reported that they received 40% more complaints in the first half of 2024 than in the same period in 2023.

German digital bank N26 is broadening its product offering with the launch of in-app stock and ETF trading features.

This investment highlights Bank Alfalah’s dedication to driving digital transformation and promoting financial inclusion across key markets, reinforcing its position as a leading digital bank.

Global spending on financial market data and news grew modestly in 2024, with revenues rising 6.4% – far slower than the previous year – to $44.3 billion.

Klarna has launched an agentic product capabable of scouring the internet to surface products and prices for discovery by AI agents.

The latest PitchBook survey finds that venture capital investors are making “strategic adjustments as they navigate geopolitical uncertainty and technological transition.”

Stripe has signed up a host of major retail players to its new Agentic Commerce Suite for selling through multiple AI agents.

Anthropic, the AI startup backed by Amazon and Google, has launched a tool to help finance professionals analyse markets, conduct research, and make investment decisions with its Claude models.

In a sector-first, Isle of Man-based crypto staking firm KR1 is planning to list on the London Stock Exchange.

European crypto platform Bitpanda has been granted approval by the Financial Conduct Authority to expand its operations in the UK.