Category: Fintech
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XTM reports strong Q3 2024 results, highlights growth and strategic moves
TORONTO (Dec 1) – XTM Inc., a fintech company specializing in innovative payment solutions, including Earned Wage Access (EWA) through its AnyDay™ platform, has reported significant growth in its third-quarter…
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Revolut Faces Potential Legal Action Over Blocked Secondary Share Sale on Crowdfunding Platform Republic
The conflict between Revolut and Republic, a crowdfunding platform, over a secondary share sale has intensified, potentially leading to a legal battle. Revolut has reportedly blocked the discounted sale of…
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Cyprus Regulator Fines Plum Money Management App for Compliance Violations
The Cyprus Securities and Exchange Commission (CySEC) recently imposed a €30,000 fine on Plum, a smart money management app, for failing to comply with several critical financial regulations. The penalties…
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Elon Musk’s AI Startup xAI Launches Chatbot Grok-1.5 on X
Elon Musk’s artificial intelligence startup xAI is set to release its latest chatbot, Grok-1.5, on his social media platform X next week. Musk announced the upcoming launch in a post…
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New Research Shows Instant Payments Will Boost Financial Prospects for Young Adults in the EU
A new study commissioned by ACI Worldwide and conducted by the Centre for Economics and Business Research (Cebr) has revealed compelling data indicating that the adoption of instant payments will…
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eToro Explores IPO, Targets $3.5 Billion Valuation
Israeli social trading platform eToro is exploring options for a public market listing, aiming for a valuation of over $3.5 billion. CEO Yoni Assia stated that the company is considering…
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True Forex Funds to Resume Operations After License Dispute with MetaQuotes
True Forex Funds, a proprietary trading firm based in Hungary, is preparing to restart its operations next week following a sudden halt caused by the termination of its MT4 and…
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Banxa’s UK Affiliate First to Land on FCA Crypto Register in 2024
The UK affiliate of global payments infrastructure provider Banxa marked a notable achievement by becoming the first company to enter the Financial Conduct Authority’s (FCA) crypto register in 2024. This…
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