Also, United Fintech increased its stake in TTMzero and FCA's new warning.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
LSEG Taps OpenFin
London Stock Exchange Group (LSEG) has selected OpenFin, an enterprise operating system for financial institutions, for its flagship LSEG Workspace platform. Under the partnership, LSEG will leverage OpenFin's zero-install delivery model and container technology.
Dean Berry, Group Head of Trading & Banking Solutions at LSEG
"Use of OpenFin significantly enhances our delivery model and end-user experience, leveraging technology that is already trusted by most global banks and leading asset managers," said Dean Berry, the Group Head of Trading & Banking Solutions at LSEG.
eToro Launches Portfolio Offering
eToro enhanced its portfolio offering with the launch of InsuranceWorld, which gives exposure to the insurance sector. The portfolio gives diversified exposure to the sector.
"Shares of insurance companies can be a valuable addition to an investment portfolio due to the stable nature of the industry and coverage across a multitude of sectors," said Dani Brinker, the Head of Investment Portfolios at eToro. "The industry has shown itself to be more resilient than others when it comes to economic and market volatility, making it a worthwhile defensive investment play."
"This new portfolio offers users a carefully selected mix of top-performing insurance companies, giving them the opportunity to invest in a growing and steady industry that is expected to reach a market size of $8.3 trillion by 2026."
United Fintech Takes Majority in TTMzero
United Fintech has increased its stake in TTMzero by 26 percent, becoming a majority owner with 51 percent in the Berlin-based regtech company.
Simon Ullrich Co-Founder of TTMzero
The increase in ownership came two years after United Fintech made an initial investment in TTMzero. Since then, the revenue of the German regtech jumped 2.5 percent, onboarding big clients like Citi, Morgan Stanley and Commerzbank.
"Our main motivation was that we wanted access to global markets and with United Fintech's network, we believe we can grow into new jurisdictions. On their platform, we're in good company with other innovative founders and experience a lot of important synergies between their technology products and ours," said Simon Ullrich, the Co-Founder of TTMzero.
Tap Global Names New CEO
Tap Global Group Plc (AQSE: TAP), which is bridging the gap between traditional finance and blockchain technology, announced the appointment of Kriyakant Patel as the new CEO, effective from 12 June.
Kriyakant Patel, CEO of Tap Global Group
Patel is an experienced fintech executive who previously held top roles in many companies. Most recently, he was the CEO at Transact Payments Limited after spending years as the COO at Newcastle Card Solutions, an Advisory Board Member of The Payments Association, and Chair of the Gibraltar E-Money Association.
"Tap has continued its impressive growth through the various challenges in the wider crypto environment and is, in my view, uniquely placed to benefit from the significant opportunities in European markets and beyond by focussing on a customer-driven product need, whilst maintaining its regulated and security-first approach," Patel said.
FCA Red Flags Paypoint Invest
The UK's Financial Conduct Authority (FCA) warned against Paypoint Invest, which offers investment plans. It is a fraudulent platform with minimum company information on its website and added stock photos from the internet as its business executives.
"This firm may be providing financial services or products without our authorization. You should avoid dealing with this firm and beware of potential scams," the FCA stated.
"Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks genuine."
LSEG Taps OpenFin
London Stock Exchange Group (LSEG) has selected OpenFin, an enterprise operating system for financial institutions, for its flagship LSEG Workspace platform. Under the partnership, LSEG will leverage OpenFin's zero-install delivery model and container technology.
Dean Berry, Group Head of Trading & Banking Solutions at LSEG
"Use of OpenFin significantly enhances our delivery model and end-user experience, leveraging technology that is already trusted by most global banks and leading asset managers," said Dean Berry, the Group Head of Trading & Banking Solutions at LSEG.
eToro Launches Portfolio Offering
eToro enhanced its portfolio offering with the launch of InsuranceWorld, which gives exposure to the insurance sector. The portfolio gives diversified exposure to the sector.
"Shares of insurance companies can be a valuable addition to an investment portfolio due to the stable nature of the industry and coverage across a multitude of sectors," said Dani Brinker, the Head of Investment Portfolios at eToro. "The industry has shown itself to be more resilient than others when it comes to economic and market volatility, making it a worthwhile defensive investment play."
"This new portfolio offers users a carefully selected mix of top-performing insurance companies, giving them the opportunity to invest in a growing and steady industry that is expected to reach a market size of $8.3 trillion by 2026."
United Fintech Takes Majority in TTMzero
United Fintech has increased its stake in TTMzero by 26 percent, becoming a majority owner with 51 percent in the Berlin-based regtech company.
Simon Ullrich Co-Founder of TTMzero
The increase in ownership came two years after United Fintech made an initial investment in TTMzero. Since then, the revenue of the German regtech jumped 2.5 percent, onboarding big clients like Citi, Morgan Stanley and Commerzbank.
"Our main motivation was that we wanted access to global markets and with United Fintech's network, we believe we can grow into new jurisdictions. On their platform, we're in good company with other innovative founders and experience a lot of important synergies between their technology products and ours," said Simon Ullrich, the Co-Founder of TTMzero.
Tap Global Names New CEO
Tap Global Group Plc (AQSE: TAP), which is bridging the gap between traditional finance and blockchain technology, announced the appointment of Kriyakant Patel as the new CEO, effective from 12 June.
Kriyakant Patel, CEO of Tap Global Group
Patel is an experienced fintech executive who previously held top roles in many companies. Most recently, he was the CEO at Transact Payments Limited after spending years as the COO at Newcastle Card Solutions, an Advisory Board Member of The Payments Association, and Chair of the Gibraltar E-Money Association.
"Tap has continued its impressive growth through the various challenges in the wider crypto environment and is, in my view, uniquely placed to benefit from the significant opportunities in European markets and beyond by focussing on a customer-driven product need, whilst maintaining its regulated and security-first approach," Patel said.
FCA Red Flags Paypoint Invest
The UK's Financial Conduct Authority (FCA) warned against Paypoint Invest, which offers investment plans. It is a fraudulent platform with minimum company information on its website and added stock photos from the internet as its business executives.
"This firm may be providing financial services or products without our authorization. You should avoid dealing with this firm and beware of potential scams," the FCA stated.
"Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks genuine."
iFOREX Adds Saudi and South Korean Equity CFDs as IPO Is Delayed
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
