Foreign exchange (Forex) stories
TerraPay links its global payments network to Raenest to speed local-currency payouts to freelancers in India and the Philippines.
Blue Cloud Softech Solutions to acquire Global Impex from ConnectM in an all-share deal, creating a new Blue Energy clean power platform.
Unhedged FX hits UK firms for GBP £6.71m and US peers for USD $9.85m on average, spurring a renewed shift towards defensive hedging.
TerraPay and Sabre have struck a multi-year deal to power instant cross-border bank payouts for travel agencies, airlines and hotels.
Bitget launches GracyAI, a chatty avatar of boss Gracy Chen to guide crypto users on strategy and mindset, not quick-fire price tips.
Aspire partners with early-stage investor Antler to capture global founders at inception, targeting a 2.3x jump in startup customers by 2026.
Virtual Spotter makes US its biggest market as lean direct debit model cuts gym admin by 65 hours and AUD $1.4k a month per client.
Nium strengthens global payments push with new chiefs for risk, technology and marketing as AI, stablecoins and regulation reshape the sector.
Finteum hits USD $1bn in weekly intraday FX swaps as Goldman Sachs joins its liquidity platform and NatWest Group, UBS ramp up trading.
monday.com rides AI demand and larger clients to 2025 revenue of USD $1.23 billion, up 27%, with a 14% non-GAAP operating margin.
Bitget and BlockSec launch a UEX Security Standard, urging provable, system-wide safeguards for unified multi-asset trading platforms.
Exactly.com and GP Solutions team up to embed streamlined payments into travel platforms, targeting simpler, cheaper options for smaller firms.
FiLLi Cafe adopts Oracle NetSuite to streamline finance, inventory and franchise operations as it scales to 100-plus sites in 13 countries.
Bitget jumps to sixth place among global crypto exchanges as CoinGecko data shows 45.5% annual volume growth and 6.4% market share.
Airwallex launches an AI assistant in its web app, promising to simplify onboarding and day-to-day finance tasks for multi-currency businesses.
LemFi wins AUSTRAC approval to launch remittances in Australia, targeting a USD $38.2 billion outbound market serving migrant communities.
Currenxie rolls out a UK multi-currency business account for SMEs, promising cheaper cross-border payments, FX and Visa Business cards.
AoFrio posts record NZD $83.2 million revenue as EBITDA jumps 40%, but tariff headwinds leave sales short of guidance for the year.
Incard secures UK EMI licence, bringing payments, cards and FX in-house as it scales its fintech orchestration platform for digital brands.
Revolut passes 1m Australian customers and vows nearly AUD $400m investment, stepping up its challenge to local digital banking rivals.