2024
UP Fintech's Customer Base with Deposits Surges 21% in 2024, Surpassing 1 Million Mark
- The Tiger Brokers brand operator reports a 20.7% increase in customers with deposits, reaching 1,092,000 by the end of 2024.
- The company's total account balance grew to $41.7 billion, up 36.4% from the previous year.
Tuesday, 18/03/2025 | 08:21 GMT by
Damian Chmiel
Fintech Investment Slumps to Seven-Year Low of $95.6 Billion as Rate Hikes Bite
- Despite the overall decline, Q4 2024 showed promising signs, with investment rebounding to $25.9 billion.
- “It's been a rough year for nearly everyone in the ecosystem,” said Karim Haji, Global Head of Financial Services at KPMG International.
Thursday, 20/02/2025 | 08:30 GMT by
Damian Chmiel
Plus500 Adds 118K New Users in 2024 as Customer Base Grows 30%
- The company reports strong FY2024 results, with revenue rising 6% to $768.3M. It also announces $200M in shareholder returns.
- The fintech group's transformation to a multi-asset platform shows success with expansion into Japan and UAE markets.
Tuesday, 18/02/2025 | 07:55 GMT by
Damian Chmiel
Capital.com’s UAE Traders Post Record $469 Billion in Volume, Doubling Germany’s
- Clients from the Gulf region also dominated, with 19.5 million trades on the broker's platform in 2024.
- Germany leads in risk management, while Switzerland achieves the highest profits.
Wednesday, 29/01/2025 | 10:50 GMT by
Damian Chmiel
Finseta Beats Estimates with £11.3 Million Revenue in 2024
- The Forex company achieved 26% revenue growth last year, with improved margins and profitability.
- The company expanded its customer base to 1,059 active users while strengthening its strategic position.
Wednesday, 15/01/2025 | 07:30 GMT by
Damian Chmiel
B2B Focus Pays Off for UK Payment Firms in H1 2024 Results
- Equals Group and Finseta reported strong financial results for H1 2024, with significant revenue growth.
- They are investing in new technologies to capitalize on the growing demand for innovative payment solutions.
Tuesday, 10/09/2024 | 08:00 GMT by
Damian Chmiel
This Wall Street Bitcoin Company Mines Revenue despite Bitcoin Drought
- Although the number of mined cryptos fell almost 50%, Argo Blockchain reported an 18% revenue increase in H1 2024.
- However, the net loss was further deepened by loan repayments and impairment on mining rigs.
Wednesday, 28/08/2024 | 07:10 GMT by
Damian Chmiel
IG Group's Earnings Take a Hit in Tough Market, Falling 32% in HY FY24
- The company's numbers dropped amid a softer volatility, with a decline of 9% in total revenue.
- However, the number of active and new customers shrank slightly, remaining near 2023's levels.
Thursday, 25/01/2024 | 07:38 GMT by
Damian Chmiel
The Checkout Revolution: Navigating the Future Shopping Landscape
- Payments in the spotlight.
Friday, 12/01/2024 | 12:38 GMT by
Pedro Ferreira
Unveiling the Future: The Trajectory of the Payments Industry in 2024
- 8 trends shaping the future of financial transactions.
Tuesday, 12/12/2023 | 16:19 GMT by
Pedro Ferreira
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