FY 2025
Wise Eyes Wall Street: UK Fintech Plans US Listing After Record Year
- London-based fintech reports £145.2 billion in transaction volume while announcing dual-listing strategy.
- The cross-border payments company achieved 21% customer growth to 15.6 million users and 17% profit increase to £282.1 million.
Thursday, 05/06/2025 | 06:36 GMT by
Damian Chmiel
IG Group Posts 12% Revenue Jump, tastytrade Hits Record $50.9 Million
- The company reported an increase in Q3 revenue to £268 million, driven by stronger market conditions and a 2% rise in active clients.
- Moreover, its U.S.-based subsidiary achieved a 30% increase, reaching record-high revenues.
Thursday, 13/03/2025 | 07:40 GMT by
Damian Chmiel
Wise Posts 24% Volume Growth as Morgan Stanley Deal Boosts Reach
- The company reported cross-border volumes of £37.8 billion in Q3 FY25, driven by 9 million active customers.
- It also secured major partnerships with Morgan Stanley and Standard Chartered while expanding services in Brazil.
Thursday, 16/01/2025 | 08:13 GMT by
Damian Chmiel
Stablecoins Could Reach $3 Trillion Market Cap by 2029 amid Institutional ETF Adoption
- Coinbase's latest report showed that Bitcoin and Ether exchange-traded products attracted $30.7 billion into Bitcoin ETFs alone.
- Stablecoins experienced rapid growth in 2024, with market capitalization reaching $193 billion due to their use in payments.
Monday, 06/01/2025 | 18:30 GMT by
Jared Kirui
FD Technologies Posts Wider Loss, Debt Surges 84% Before First Derivatives Sale
- The company reports a challenging 6 months, with revenue down 7% to £118.2m and adjusted EBITDA falling 26% to £10.5m.
- FD Technologies recently announced its plan to sell its First Derivative business to EPAM Systems for £230 million.
Tuesday, 26/11/2024 | 07:39 GMT by
Damian Chmiel
Wise Posts 57% Profit Jump as Customer Base Expands Beyond 11 Million
- The fintech reports strong H1 FY25 results with 19% revenue growth and a 57% increase in underlying profit.
- It also reduced transfer costs for customers and achieved a 63% instant payment completion rate.
Wednesday, 06/11/2024 | 07:36 GMT by
Damian Chmiel
Wise Q2 Update: Active Users Hit 8.9M, Volume Reaches £35.2B
- The company reported results with a 23% increase in active customers and a 20% growth in cross-border volume.
- It also reduced fees while maintaining 17% revenue growth and its full-year outlook.
Tuesday, 15/10/2024 | 06:50 GMT by
Damian Chmiel
CMC Markets Just Turned a £2M Loss into a £51M Profit—Here's How
- The company expects 45% revenue growth for H1 2025 after stronger cost-cutting.
- It also reports progress in cost management and new product launches, including a partnership with Revolut.
Wednesday, 09/10/2024 | 06:37 GMT by
Damian Chmiel
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