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Technology

TechFinancials Announces Investment in RenewSenses

  • The financial technology provider invested around $148,000 in the emerging startup.
by Bilal Jafar
Retail FX

Techfinancials Terminates Employment Contracts with Ongoing Troubles

  • Its revenue for H1 2020 declined by over 70 percent year-on-year.
by Arnab Shome
Technology

TechFinancials’ Business Hit by COVID-19, Revenue Loss Deepens

  • The company will scrap its core software licensing business by October.
by Arnab Shome
Products

TechFinancials Ceases All B2B Brokerage Business in Six Months

  • TechFinancials Inc left London's AIM market in January due to the high costs of maintaining its listing.
by Aziz Abdel-Qader
Technology

Confirmed: TechFinancials to Cancel AIM Listing

  • The software company will be solely listed on the NEX Exchange Growth Market.
by Celeste Skinner
Technology

TechFinancials Proposes Cancellation of Shares on AIM

  • The company will remain listed solely on the NEX Exchange Growth Market.
by Celeste Skinner
Analysis

Robinhood Hits 10m Users, GO Markets Enters Europe: Editor’s Pick

  • Stay up to date with the most interesting news in the FX and crypto space.
by Celeste Skinner
Technology

TechFinancials Closes Trading Platform DragonFinancials

  • The trading platform was not able to overcome the increasingly difficult regulatory environment.
by Celeste Skinner
Brokers

TechFinancials Extends Deadline for MarketFinancials Sale

  • The AIM-traded firm revealed in January it had agreed to sell its subsidiary to Cyprus-based Proverial for €100,000.
by Aziz Abdel-Qader
Brokers

Another Clone Firm is Flagged by CySEC, Smartoptionfx

  • The entity claims to be operating under B.O. Tradefinancials Ltd’s licence, which hasn’t been active since 2018.
by Celeste Skinner
Technology

TechFinancials Reports 70% Drop in Trading Platform Revenues

  • The company’s main platform, DragonFinancials, reported a revenue of $2.6 million.
by Celeste Skinner
Technology

TechFinancials Offloads Market Making Subsidiary

  • A Cypriot company called Proverial has paid 100,000 Euros for MarketFinancials.
by David Kimberley
News

TechFinancials Buys Blockchain-Based Ticketing Software Footies

  • TechFinancials continues to diversify its business with M&A, sets eyes on sports.
by Victor Golovtchenko
Brokers

TechFinancials Announces Beta of CEDEX Diamonds Exchange

  • TechFinancials announced a stake in the diamonds exchange based on blockchain last year.
by Victor Golovtchenko
Technology

TechFinancials Biggest Shareholder Offloads Entire Stake

  • Shen Chaohuli sold his 18.27 percent stake in the firm for just $7764
by David Kimberley
Technology

TechFinancials' Blockchain Efforts Starting to Pay Off

  • The former binary options specialist has seen a massive uptick in blockchain-based revenues
by David Kimberley
Technology

TechFinancials to Cease European B2C Operations

  • The firm's annual report shows the firm will be focusing on the Asia-Pacific region and expanding its range of products
by David Kimberley
Technology

TechFinancials Places Additional Share Offering for OptionFortune Shareholders

  • The shareholders of the holders of the Far East join venture partnership company
by Victor Golovtchenko
News

CEDEX ICO Officially Reaches Token Pre-Sale Stage

  • The blockchain-based project, which is backed by TechFinancials, moves closer to creating a certified online diamond exchange.
by Finance Magnates Staff
News

Exclusive: CEDEX ICO Raises $20 Million, Prior to Pre-Sale Stage

  • The company has allocated additional Cedex coins for the private-sale stage in order to meet high demand.
by Finance Magnates Staff
Executive Moves

Hillik Nissani Relinquishes Role as Non-Exec Director at TechFinancials

  • Mr. Nissani will be taking on an executive role at another company, ending his tenure with TechFinancials
by Jeff Patterson
Technology

TechFinancials Reconsidering Sale Options for CySEC-Regulated Subsidiary

  • The buyer of the Cypriot company, S. Win Holdings, has been awaiting regulatory approval for three months.
by Victor Golovtchenko
Technology

TechFinancials to Get $1.45m Dividends From Brokerage and Market Maker

  • The Far East broker and market making subsidiaries of TechFinancials are contributing to the tech company’s bottom line.
by Victor Golovtchenko
Brokers

TechFinancials Moves Away from Binary Options Business, Sells OptionFair

  • TechFinancials reverses course and leaves the industry that it had hoped to dominate.
by Aziz Abdel-Qader
Technology

TechFinancials Funds Blockchain-Based Diamond Exchange CEDEX

  • The website CEDEX.com is presently displaying a countdown clock.
by Victor Golovtchenko
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