Shares of Robinhood fell about 8% in pre-market trading on Wednesday after the company reported weaker-than-expected third-quarter profit. A sharp drop in cryptocurrency revenue offset strong growth in options trading and prediction markets. The brokerage posted earnings of 51 cents

Binance, the world’s largest cryptocurrency exchange, announced the upcoming addition of four major trading pairs, set to go live on September 4, 2024. The new pairs – AAVE/USDC, STMX/TRY, SUN/TRY, and TRX/USDC – are part of Binance’s ongoing strategy to

Ripple has once again unlocked 1 billion XRP tokens from its escrow accounts, a routine move that continues to grab the attention of investors. The tokens, valued at approximately $560 million, were released on September 1st, according to Whale Alert,

Rakeez Financial, a prominent player in Saudi Arabia’s fintech landscape, has recently announced the successful closure of a $2 million Seed Round investment led by CoreVision. This strategic funding round is poised to accelerate the growth and development of financial

Trampay, a cutting-edge FinTech startup committed to empowering Brazil’s burgeoning gig economy, has recently secured a substantial $250,000 pre-seed investment from Potencia Ventures, a renowned firm dedicated to fostering innovation within the gig economy landscape.  This strategic investment underscores Potencia

Africa-focused fintech giant, PalmPay, has rolled out two innovative products, Unlimited Free Transfer and Target Savings, in Nigeria. The company aims to enhance financial accessibility by eliminating transfer fees and offering customizable savings solutions.  PalmPay, known for its presence in

Nexi, a leading force in European PayTech, has forged a strategic alliance with Mastercard to propel open banking account-based payments throughout Europe, marking a significant stride in the continent’s payment ecosystem. This collaboration seeks to revolutionize e-commerce transactions across Europe

Flagstone, a leading UK-based fintech specializing in savings solutions, has recently secured a substantial investment of £108 million ($139 million) from Estancia Capital Partners LP. This injection of capital marks a significant milestone for the innovative startup, enabling it to

Razer, renowned for its gaming technology, has made significant strides in the fintech realm with its subsidiary, Razer Fintech, and its B2B payments arm, Razer Merchant Services (RMS). In a strategic move, both entities have undergone a rebranding initiative to