FinTech

Here’s what a bitcoin ETF actually means for investors

The U.S. Securities and Exchange Commission just approved the first-ever batch of spot bitcoin exchange-traded funds to come out of…

UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%

The fintech industry saw more pain in 2023, with overall investment falling by half as higher interest rates and worsening…

Coinbase is planning a pivotal acquisition that will allow it to launch crypto derivatives in the EU

Coinbase plans to offer crypto-linked derivatives in the European Union, and it’s planning to acquire a company with a license…

Crypto firms introduce risk assessments and finance tests in response to strict new rules in UK

Coinbase, Crypto.com, Gemini and other cryptocurrency exchanges are warning users in the U.K. that they’ll need to start filling out…

Coinbase secures crypto license in France, pushing deeper in Europe amid rift with the SEC

Cryptocurrency exchange Coinbase secured registration with the French markets regulator, a company spokesperson confirmed Thursday, paving the way for the…

$4.7 billion European fintech firm Pleo appoints new CFO, pointing to IPO hopes

Danish fintech firm Pleo has appointed a new chief financial officer, the company told CNBC exclusively, beefing up its executive…

SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump with $307 million cash injection

British payments startup SumUp, known for its small card readers, on Monday announced it has raised 285 million euros ($306.6…

Robinhood launches crypto trading service in the EU

Online brokerage giant Robinhood on Thursday said it’s launching a cryptocurrency trading feature in the European Union, pushing further outside…

Robinhood CEO defends payment for order flow, says practice is ‘here to stay’

Robinhood CEO Vlad Tenev says he doesn’t believe that the payment for order flow (PFOF) model of market-maker routing that…

Zepz, a $5 billion fintech unicorn, is laying off more staff

Zepz, the money transfer group that owns WorldRemit, made a fresh round of layoffs. The British fintech unicorn, which is…