The multi-faceted forex broker and financial service provider
The foreign exchange services industry, estimated to be worth USD 8 billion in 2021, is projected to expand at a compound annual growth rate (CAGR) of 8.2 percent to reach USD 15.78 billion by 2029. It is the biggest financial market in the world, with over USD 6 trillion worth of trading activity every day. […]
SeABank and AEON Financial signed a transfer contract for PTF Financial Company
On November 9, 2023, in Hanoi, Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SSB) and AEON Financial Service Co., Ltd. (AEON Financial), a subsidiary of the financial sector of AEON Group, held a signing ceremony for the transfer of SeABank’s entire capital contribution in Postal Financial Limited Liability Company (PTF), equivalent to 100% of PTF’s […]
Wedbush Financial Services finalizes investment in Velocity Trade
Wedbush Financial Services, a leading diversified financial services holding company and parent company of Wedbush Securities Inc, announced that regulatory approval has been granted for its investment in and partnership with Velocity Trade. With this significant investment, WFS is now the largest shareholder in Velocity Trade, furthering its mission to become the premier, non-bank global financial […]
DKK Partners expands its operations to Dubai
DKK Partners, a leading fintech company which specialises in emerging markets (EM) and foreign exchange (FX) liquidity, has launched a Dubai operation to turbocharge the business economy in the Middle East. The news comes following circa 60% per cent growth in 2022, surpassing £100 million in revenue, up from £63 million the previous year. The […]
United Fintech acquires Cobalt to accelerate digital transformation
United Fintech, the end-to-end solution for banking technology, announces the 100 percent acquisition of Cobalt, the provider of critical risk and data services to the FX and digital asset markets. The acquisition elevates United Fintech’s position as the leading end-to-end solution connecting financial institutions with innovative fintechs to accelerate digital transformation. This is United Fintech’s fifth […]
