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Retail FX

Robinhood’s Q1 Loss Plunges over 200% despite Growth in Revenue

  • Net loss came in at $511M, beating $441M quarterly revenue.
  • Robinhood eyes UK launch, to float 24-hour market next week.
by Solomon Oladipupo
Retail FX

UK Court Closes Down Genesis11, Says Online Broker Is Unregulated

  • At least seven investors lost £263,000.
  • The Official Receiver of the Public Interest Unit has been appointed as the liquidator.
by Solomon Oladipupo
Retail FX

Online Retail Forex: Where Does Africa Stand?

  • Young people are the heart of Africa’s emerging online retail FX industry.
  • However, weak regulations and illiteracy are stumbling blocks.
by Solomon Oladipupo
FinTech

Skilling Raises €10 Million in Seed Funding Round

  • Skilling has netted fresh capital of €10 million.
  • The online trading platform aims to accelerate its business expansion.
by Nicholas Otieno
FinTech

Italian Financial Regulator Bans Five Websites Offering Financial Services

  • Consob orders a blacklist of five additional internet service providers.
  • The online platforms offer illegal financial services in Italy.
by Nicholas Otieno
Analysis

The e-Brokerage Arms Race and the Dash for Cash Product Connectivity

  • The opportunities and challenges online brokers now face.
by Peter Plester
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