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News
Flywire’s Revenue Jump 43% YoY in Q1 2022
The total payment volume during the first quarter climbed 46%.
However, the company posted a net loss of $10.1 million in the recent quarter.
Wednesday, 11/05/2022 | 06:26 GMT
by
Bilal Jafar
Institutional FX
BBVA Posts Net Attributable Profit of €1.65 Billion in Q1 2022
The performance was driven by strong revenue growth.
The efficiency ratio also improved significantly during the latest quarter.
Saturday, 30/04/2022 | 06:01 GMT
by
Bilal Jafar
Executive Moves
TP ICAP Selects Mark Govoni as CEO of Agency Execution Division
He has joined the company from Instinet.
Mark Govoni has replaced John Ruskin.
Friday, 29/04/2022 | 05:14 GMT
by
Bilal Jafar
Institutional FX
Equinix Reports 9% YoY Surge in Q1 Revenues
More than 4,200 deals were executed in the last quarter.
Net income also increased significantly in Q1 of 2022.
Thursday, 28/04/2022 | 06:30 GMT
by
Bilal Jafar
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Institutional FX
CME Group Reports Revenue of $1.3 Billion in Q1 2022
Quarterly operating income came in at $859 million.
Net income reached $711 million.
Wednesday, 27/04/2022 | 12:14 GMT
by
Bilal Jafar
Institutional FX
Bank of America’s Quarterly Net Income Hits $7.1 Billion
Global Markets generated a net income of $1.6 billion.
The financial services provider reported EPS of $0.80.
Monday, 18/04/2022 | 13:11 GMT
by
Bilal Jafar
Institutional FX
Citigroup’s Net Income Drops 46% YoY in Q1 2022
Revenues for the recent quarter came in at $19.2 billion.
EPS dipped by almost 44% compared to the same period last year.
Monday, 18/04/2022 | 05:31 GMT
by
Bilal Jafar
Institutional FX
Goldman Sachs Posts $12.93 Billion in Net Revenues during Q1 2022
The financial services provider reported an EPS of $10.76 in the first quarter.
Net revenues related to Global Markets came in at $7.87 billion.
Friday, 15/04/2022 | 09:10 GMT
by
Bilal Jafar
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Institutional FX
Beeks Financial Cloud Group’s Revenues Climb 46% in H1 FY22
Underlying gross profit increased 21% to £3.14 million.
The company launched Proximity Cloud in August 2021.
Monday, 21/03/2022 | 09:29 GMT
by
Bilal Jafar
Brokers
Swissquote Confirms Record Growth in 2021, Operating Revenues Climb 49% YoY
In 2022, the company is expecting net revenues of CHF 475 Million.
Demetra Kalogerou will be proposed to the Board of Directors as an additional member.
Thursday, 17/03/2022 | 07:58 GMT
by
Bilal Jafar
News
Flywire’s Revenue Climbs 53% in FY 2021
Total payment volume increased sharply during the mentioned period.
However, the company’s net loss came in at $28 million in the fiscal year 2021.
Thursday, 03/03/2022 | 08:17 GMT
by
Bilal Jafar
News
Adyen’s Net Revenue Climbs 47% YoY in H2 2021
The processed volume for H2 of 2021 came in at €300 billion.
Adyen has also announced new tech hubs in Chicago and Madrid.
Wednesday, 09/02/2022 | 08:41 GMT
by
Bilal Jafar
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Institutional FX
Cboe Global Markets Reports Net Revenue of $391 Million for Q4 2021
Diluted EPS for the quarter reached $1.54.
Total operating expenses decreased in the recent quarter.
Saturday, 05/02/2022 | 09:17 GMT
by
Bilal Jafar
Institutional FX
Net Profit of Singapore Exchange Reaches S$222 Million in H1 FY2022
The total revenue touched S$521.6 million during the first half of FY2022.
Overall FX ADV climbed 46% from US$39 billion to US$57 billion.
Friday, 04/02/2022 | 12:48 GMT
by
Bilal Jafar
Institutional FX
UBS Reports Net Profit of $7.5 Billion in 2021
The Bank posted strong growth in the global wealth management division.
Operating income increased by 10% YoY.
Tuesday, 01/02/2022 | 07:59 GMT
by
Bilal Jafar
Retail FX
Robinhood Shares Drop to Lowest Level since IPO
Robinhood stock dropped in Friday's trading
The company’s stock hit its lowest level since its IPO in July 2021
Sunday, 30/01/2022 | 09:42 GMT
by
Nicholas Otieno
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CryptoCurrency
Mercuryo Sees 350% Business Growth with Global Wallet Users Hit 2.2 Million
Mercuryo said that its users on its platform reached 2.2 Million.
The crypto firm is also witnessing immense business growth.
Friday, 28/01/2022 | 06:53 GMT
by
Nicholas Otieno
Brokers
IG Group’s Net Trading Revenue Climbs 16% in H1 FY22
The company’s profit before tax increased 8% to £245.2 million.
IG Group’s active clients reached 320,400 in H1 of FY22.
Thursday, 27/01/2022 | 08:08 GMT
by
Bilal Jafar
FinTech
IHS Markit Reports Fourth Quarter of 2021 Financial Results
IHS Markit posted its fourth-quarter profit above analysts’ expectations.
The firm’s net income rose to $1.18 billion.
Saturday, 22/01/2022 | 01:39 GMT
by
Nicholas Otieno
News
Wise Posts 34% YoY Jump in Revenues during Q3 FY2022
Volumes climbed by almost 38% compared to the same period in FY2021.
In Q3, Wise supported more than 4 million customers to complete cross-border transfers.
Wednesday, 19/01/2022 | 10:27 GMT
by
Bilal Jafar
ADVERTISEMENT
FinTech
NAGA Group Revenue Hits €55.3 Million for Fiscal Year 2021
NAGA Group’s 2021 earnings beat the previous year’s results.
The online broker is expanding its product offerings to crypto services.
Thursday, 13/01/2022 | 17:32 GMT
by
Nicholas Otieno
CryptoCurrency
Creek Road Miners Buys 600 Bitcoin Mining Machines from Bitmain
Creek Road Miners buys 600 Antminers to expand its crypto mining capabilities.
An increasing number of firms continue to demand crypto mining machines.
Friday, 24/12/2021 | 07:06 GMT
by
Nicholas Otieno
FinTech
XTM Releases the Firm’s Annual Review for 2021
The business review is an honored tradition at XTM.
The year has been a pivotal year of change and growth for XTM.
Thursday, 23/12/2021 | 08:55 GMT
by
Nicholas Otieno
FinTech
Prime Trust Sees Strong Growth in 2021 Outpacing Last Year’s Success
Prime Trust attributes the growth to meeting customers’ needs.
The firm aims to accelerate its product offerings.
Thursday, 23/12/2021 | 07:45 GMT
by
Nicholas Otieno
ADVERTISEMENT
News
Equals Group Reports Substantial Increase in Revenues
Year-to-date revenue came in at £40.4 million.
Wednesday, 08/12/2021 | 11:55 GMT
by
Bilal Jafar
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