CME Group Inc. (NASDAQ: CME) reported financial results for the second quarter of 2024. The company reported revenue “of $1.5 billion and operating income of $1.0 billion for the second quarter of 2024.” CME Group further noted that net income “was $883 million and diluted… Read More
CME Group, the derivatives marketplace, reported its May 2024 market statistics set a new average daily volume (ADV) record of 26 million contracts for the month, “up 4% from May 2023.” The company’s interest rate and metals products also “reached May ADV records, as its… Read More
Paro, a Chicago-based startup disrupting the way companies access on-demand finance and accounting expertise, announced it raised $25 million in Series C funding to further “develop its platform supporting freelance experts and continue its expansion with enterprise clients.” The investment round was “led by Top… Read More
Bank of America (NYSE: BAC) announced it has committed $13 million in funding to more than 100 Chicago-area nonprofit organizations working “to drive economic opportunity for individuals and families in underserved Chicagoland communities.” In 2022, Bank of America partnered with nonprofits that are “addressing key… Read More
Halo Investing, the protective investment platform for today, and Ladder, the digital life insurance agency of tomorrow, announce their partnership. Advisors now have access to more life insurance options “with greater term flexibility, potentially saving policyholders up to 40%.” An all-digital architecture and real-time underwriting… Read More
Edison Partners, a growth equity investment firm, announced a $15 million investment in K1x, the provider of automated solutions for aggregation and packet production for the Schedule K-1 federal tax form and end-to-end tax return solutions for tax-exempt organizations. The investment closely “follows K1x’s acquisition… Read More
ErisX, a Cboe Global Markets (Cboe: CBOE) company, announced it has introduced the ErisX Settlement Service, a solution designed “to help remove settlement risk for over-the-counter (OTC) crypto transactions.” The offering expands ErisX’s suite of tools for institutional investors, “enabling them to settle OTC trades… Read More
Discover (NYSE: DFS) announced its new Advanced Analytics Resource Center (AARC) and welcomed its first cohort of 75 employees at its downtown Chicago Office called the 606. The launch of the AARC@606 “advances Discover’s investment in technology and analytics as well as its commitment to… Read More
Focused Labs, a digital transformation consultancy and software development firm, announced it has joined the Stripe Partner Ecosystem “to help enterprises modernize their payment systems and deliver better customer experiences at check-out.” Focused Labs and Stripe, a financial infrastructure platform for businesses, will “help customers… Read More
While Miami has long been known for white sandy beaches and awesome weather, in recent years Miami has emerged as a crypto-haven with many blockchain startups and early-stage ventures setting up shop in the Southeast Florida location. But it is not just blockchain firms and… Read More
Jack Henry & Associates, Inc. (NASDAQ: JKHY) recently announced that Old Second National Bank has expanded its collaboration with Jack Henry “to support the bank’s digital and growth strategy.” Among the largest locally headquartered banks in the Chicago area, Old Second benefited from “a seven-year… Read More
IG Group (LON: IGG), an international Fintech which claims to be “at the forefront of online trading,” has announced that Joe (JJ) Kinahan has “been appointed to the newly created roles of VP and Chief Market Strategist of tastytrade.” As noted in an update shared… Read More
bloXroute, which claims to be the provider of the “first” and “fastest” blockchain distribution network (BDN) that helps DeFi traders on Ethereum, Polygon and BSC, has completed a $70 million Series B funding campaign “led by SoftBank Vision Fund 2 with participation from Blindspot, Dragonfly,… Read More
MoneyGram International, Inc. (NASDAQ: MGI), a firm focused on the evolution of digital P2P payments, and Madison Dearborn Partners, LLC, a private equity firm based in Chicago, have entered a definitive agreement under which funds affiliated with MDP will “acquire all outstanding shares of MoneyGram… Read More
CME Group, which claims to be the most diverse derivatives marketplace, has launched Micro Ether futures, further “expanding its suite of cryptocurrency derivatives offerings, and marking its second micro cryptocurrency product this year.” Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment… Read More
Stax, the comprehensive payment tech provider, announced earlier this week its acquisition of CardX, an automated surcharging platform, to make surcharging “more transparent and easier for U.S. merchants and cardholders.” The update also mentioned that this deal “marks Stax’s third acquisition of 2021, adding to… Read More
Crypto.com, which claims to be one of the fastest-growing cryptocurrency and financial services platforms, has announced that it has executed a sale and purchase agreement to acquire the North American Derivatives Exchange (Nadex) — a US-headquartered retail-focused, regulated online exchange and clearinghouse offering derivative products… Read More
FIA (Futures Industry Association) announced on November 2, 2021 that it has released a report calling on participants in the futures and options sector to work cooperatively on an initiative to enhance the overall efficiency of the trading and clearing process for exchange-traded derivatives. The… Read More
Cboe Global Markets, Inc. (Cboe: CBOE), a provider of international market infrastructure and tradable products, and MSCI Inc., a provider of critical decision support tools and services for the investment community, announced that they’ve signed a licensing agreement that extends and widens their business relationship…. Read More
Elements Global Services, a tech firm and direct Employer of Record service provider that simplifies a firm’s international expansion efforts, augments its leadership team with the addition of three C-Suite executives to “further its position as a leading technology and HR solutions provider,” according to… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it and agree to our terms of service.Ok