Tagged: fx

Digital Bank Neo Receives Regulatory Approval from Bank of Spain to Offer Multi Currency Accounts

Digital  bank Neo has received regulatory approval from the Bank of Spain to launch a corporate multi-currency account. According to a release from the company, Neo will now create a PSD2 payment institution which will be supervised by the Bank of Spain. The Barcelona-based company, with… Read More

FX Enabler Koku Raises $2 Million in Pre-Series A

Singapore-based Fintech Koku has raised $2 million in a pre-series A round backed by Jason Zeng, co-founder of Tencent Holdings and founder of Chinese angel investment company Decent Capital. Kokue said it expects to raise USD $10 million in a series A round during the… Read More

CurrencyVue, an FX Management Platform, Partners with AFEX

Currency solutions platform, CurrencyVue has launched an integrated FX risk management platform in partnership with global payments and risk management provider AFEX. CurrencyVue helps businesses with international payments and FX hedging. Rather than focusing on the speed or cost of making transactions, CurrencyVue has taken… Read More

UK Distributed Ledger Tech Platform Cobalt Celebrates Milestones, Expands Team & Opens US Office

Cobalt, the FX post-trade processing network based on distributed ledger technology, today announced that Citadel Securities, a global market-maker across FX, fixed income, equities, ETFs and options, and XTX Markets, a leading quantitative-driven electronic market-maker, have signed up as Cobalt launch participants. Cobalt’s FX solution, set… Read More

ThinkMarkets Initiative Caters to Needs of Manual Trading Trend Shift

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ThinkMarkets Launch EA Buyback Campaign ThinkMarkets, a multi-asset brokerage, has launched an “EA Buyback initiative” designed to give FX traders more control through manual trading. The campaign is said to easily facilitate current Robo-Traders to switch over to ThinkMarkets’ ThinkTrader service. ThinkMarkets’ EA said their push comes… Read More

ThinkMarkets Launches German Website for FX Trading

ThinkMarkets, a global multi asset brokerage, has launched a new German website designed to cater to the requirements of the German speaking FX trading community. The site will target Germany, Austria and Switzerland. The new website offers ThinkMarkets’ ThinkTrader platform, offering access to all of… Read More

Tramonex Receives £250K from UK Government for Blockchain Prototype Project

The UK government is pitching in to help finance international transfer platform Tramonex.  The London-based Fintech startup has been given a £250,000 grant by Innovate UK to fund the development of a cross currency payments system that leverages blockchain technology. The prototype is expected to… Read More

WorldFirst Report: Message from UK SMEs to High Street Banks is They Just Aren’t Cutting It

Currency transfer specialist WorldFirst has published a report that measures UK SME’s attitudes towards traditional finance. According to their research, agile Fintech firms are preferred over banks – specifically when it comes to foreign exchange. Jonathan Quin, CEO and co-founder of World First, commented on… Read More

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