The publicly listed fintech adds new payment options ahead of the summer travel season, positioning itself as a direct competitor to Revolut.
The company is also testing additional features and preparing to launch retirement savings accounts for Polish investors.
Polish-headquartered
investment platform XTB has expanded its digital wallet service to support 19
different currencies. Several new options have been added as the company prepares for
increased usage during the summer travel period.
The eWallet
feature, which
was first introduced in October 2024, combines a virtual wallet with a
multi-currency card, and now handles currencies from four continents. Users can
hold funds in Polish zloty, euros, US dollars, British pounds, Hungarian
forints, Romanian lei, Czech crowns, Norwegian kroner, Mexican pesos, Swiss
francs, Thai baht, Japanese yen, Canadian dollars, Chinese yuan, Australian
dollars, Danish kroner, Singapore dollars, Turkish lira, and Swedish kronor.
The Warsaw
publicly-listed company (WSE: XTB)
doesn't charge fees for currency exchanges between virtual wallets, unlike many
competing multi-currency cards that require users to meet specific conditions
for fee-free transactions. The service is currently available in nine
countries, with plans to expand to additional markets.
Omar Arnaout, CEO of XTB, Source: LinkedIn
“We
are entering a period that will be the first serious test for eWallet,” said
Omar Arnaout, XTB's CEO. “The vacation time and foreign travel is a moment when
our users will certainly use this solution more intensively.”
“That's why
we wanted the currency offering to meet the expectations not only of investors,
but also of each of us who wants to use convenient payments outside the
country's borders,” he added. “Thanks to this, only the XTB app is enough to be able to
relax freely when money will work hard.”
The eWallet
service is available to individual customers who maintain investment accounts
with XTB. DiPocket UAB, an electronic money institution registered with the
Bank of Lithuania, provides the underlying payment services and card
infrastructure. The cards operate on the Mastercard network.
The
currency expansion isn't XTB's only planned update for the summer period. The
company says it's working on additional features that will be rolled out in the
coming weeks to make the wallet service more attractive to users.
XTB is also
conducting key-phase testing of its Individual Retirement Account (IKZE)
product, which has been highly anticipated by Polish investors after
the successful rollout of Individual Retirement Account (IKE). The company
expects to make this retirement savings option available to a broader customer
base soon.
Polish-headquartered
investment platform XTB has expanded its digital wallet service to support 19
different currencies. Several new options have been added as the company prepares for
increased usage during the summer travel period.
The eWallet
feature, which
was first introduced in October 2024, combines a virtual wallet with a
multi-currency card, and now handles currencies from four continents. Users can
hold funds in Polish zloty, euros, US dollars, British pounds, Hungarian
forints, Romanian lei, Czech crowns, Norwegian kroner, Mexican pesos, Swiss
francs, Thai baht, Japanese yen, Canadian dollars, Chinese yuan, Australian
dollars, Danish kroner, Singapore dollars, Turkish lira, and Swedish kronor.
The Warsaw
publicly-listed company (WSE: XTB)
doesn't charge fees for currency exchanges between virtual wallets, unlike many
competing multi-currency cards that require users to meet specific conditions
for fee-free transactions. The service is currently available in nine
countries, with plans to expand to additional markets.
Omar Arnaout, CEO of XTB, Source: LinkedIn
“We
are entering a period that will be the first serious test for eWallet,” said
Omar Arnaout, XTB's CEO. “The vacation time and foreign travel is a moment when
our users will certainly use this solution more intensively.”
“That's why
we wanted the currency offering to meet the expectations not only of investors,
but also of each of us who wants to use convenient payments outside the
country's borders,” he added. “Thanks to this, only the XTB app is enough to be able to
relax freely when money will work hard.”
The eWallet
service is available to individual customers who maintain investment accounts
with XTB. DiPocket UAB, an electronic money institution registered with the
Bank of Lithuania, provides the underlying payment services and card
infrastructure. The cards operate on the Mastercard network.
The
currency expansion isn't XTB's only planned update for the summer period. The
company says it's working on additional features that will be rolled out in the
coming weeks to make the wallet service more attractive to users.
XTB is also
conducting key-phase testing of its Individual Retirement Account (IKZE)
product, which has been highly anticipated by Polish investors after
the successful rollout of Individual Retirement Account (IKE). The company
expects to make this retirement savings option available to a broader customer
base soon.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
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Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
