Trade Republic lands $62m in Series B funding
German firm secures one of the largest Series B funding rounds the region has ever seen.
German firm secures one of the largest Series B funding rounds the region has ever seen.
It apparently made $60 million in March – triple what it made in March 2019.
Opportunities for traders are no less diverse in the modern market.
André Mohamed leaves after 18 months at the challenger bank.
FinTech Futures’ weekly news round-up.
We collated a round-up of these notices to assist our readers on COVID-19 updates.
It highlights that this statement does not apply to AIM-listed companies.
A further wave of dividend suspensions and cancellation of buybacks were announced.
The company’s share price shot up 18.6% in Japan today.
“We don’t think they were set up to do it properly,” says class action lawyer.
The role will be based in Paris.
Finablr processed $115 billion in transactions in 2019, and more than 1,500 firms rely on it.
A further five-year delay is put down to “turbulent stock markets”.
The deal amount is yet to be disclosed.
The trading app is focused around making investing ‘social’.
Initially focusing on digital assets, the fintech will branch out to more traditional asset classes in the future.
MEMX is looking to rival the big three.
NSX suspended iSignthis from trading on its platform five months ago.
Traders are extremely bullish about the potential of digital assets and crypto-products.
Chai was previously head of post-trade at HKEX.
The everyday account will be linked to ETF returns.
Mansa X as the fund is known, returned an average 24% and closed at $3 million.
There’s an appetite to save and invest despite low interest rates across Europe, Australia and the US.
The executive used covert deposit accounts under his wife’s name.
“An IPO is of course always an option for fresh capital,” says CEO Mirko Huellemann.
Germany and France are next on Freetrade’s list.
Volt plans for $50 million Series D round with British and Middle Eastern investors.
Starling CEO: “I didn’t do all of this to sell out to a big bank”
The August 2019 outage delayed trading by an hour and 40 minutes.
The rumoured order comes amid rising political tensions.
Recent disappointing IPO stories are sending investors back to the drawing board.
The exec team come from Snapchat, Google and KPMG.
A build up of bad loans since the financial crisis saw investors lose out in 2013.
Tyro is also reportedly pursuing a $1 billion valuation.
A bidding war could develop between the two firms.
Underwriters listed include Goldman Sachs, BofA Securities and William Blair.
Sources say Visa paid $200 million for a 20% stake.
Draper Esprit invested $7.5 million in the fintech.
Stocks soared as high as 39% following the announcement.
The agreement will see low-latency connectivity being offered to HKEX trading partners.