Traders fear global FX market may be less liquid than it appears
The global arena for foreign exchange appears on the surface to be a giant pool of cash in constant churn, generating $7.5t of...
News by FinTech Collective
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Grain raises $33m in Series A funding
Tel Aviv based FX hedging business raised $33m in Series A funding led by Bain Capital Ventures.
{
“Founder-market fit is important, and it’s difficult to find a better example of this than the Grain team as evidenced by their unique...…
Dodo Payments raises $1.1m in pre Seed funding
India based cross-border payment platform raised $1.1m in pre Seed funding led by Antler.
{
With the newly raised capital, Dodo Payments plans to accelerate product development, expand its local processing capabilities in over 30...…
Partior raises $20m in Series B funding
Singapore based blockchain infrastructure startup raised $20m in Series B funding led by Deutsche Bank.
{
“Partior will further bolster its global reach and scale its cross-border capability. It will also look to develop “functions like...…
Layer2 Financial raises $10.7m in Series A funding
Toronto based FX payouts company raised $10.7m in Series A funding led by Galaxy Ventures.
{
Our diverse customer base, ranging from non-bank financial institutions and traditional banks to neobanks and enterprise organizations,...…
Old school FX traders are being replaced by algos with names like Viper
With machines now handling more than 75% of the trading in some FX markets, the giants of Wall Street are racing to make sure their...
Integral raises $30m in new funding
California based forex trading startup raised $30m in new funding led by Vistara Growth.
{
“We have seen across global markets that banks and financial institutions have continued to rapidly replace many of their legacy...…
AbbeyCross raises $6.5m in Series Seed funding
London based wholesale FX company raised $6.5m in Series Seed funding led by Valar Ventures.
{
"This is a significant milestone in the evolution of the business."
Naira jumps on Nigeria streets after forex is cleared
Nigeria’s naira jumped against the dollar on the parallel market and on crypto exchanges on Friday, a day after authorities said they...
Flutterwave launches Swap for easy currency exchange with Kadavrabdc and Wema Bank
This platform revolutionizes currency exchange, providing a secure and accessible channel for users. Offering competitive rates that...
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