FinTech

Stock trading platform Robinhood to launch in UK after two failed attempts

Online investments app Robinhood said Thursday that it’s set to launch its platform in the U.K. in early 2024, marking…

Coinbase CEO says crypto industry can turn the page after historic Binance settlement

The crypto industry can finally close the chapter on a litany of scandals and problems after Binance was hit with…

Binance users pull more than $1 billion from the exchange after CEO leaves, pleads guilty

Outflows from Binance have amounted to more than $1 billion in the past 24 hours, not including bitcoin, according to…

Plaid taps Adyen executive to lead its European operations

U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company…

Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation

GoCardless, the British fintech company backed by Alphabet’s venture capital fund GV, is considering more mergers and acquisitions as it…

Ripple CEO says SEC has lost sight of mission to protect investors

The CEO of blockchain company Ripple has some strong words for the U.S. Securities and Exchange Commission. Brad Garlinghouse told…

HSBC to launch storage services for tokenized securities as more big banks warm to blockchain

HSBC on Wednesday announced it will offer custody services for tokenized securities, making the British bank the latest major institution…

Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds

Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit,…

Block shares surge after earnings beat and increased full-year guidance

Shares of fintech firm Block surged as much as 19% in after-hours trading Thursday, after the company reported third-quarter earnings…

UK confirms plans to regulate crypto industry with formal legislation

The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will…