Recent Posts
News•Feb 26, 2026
Coinbase Employees Reportedly Face Wise “Payment Blocks” Amid UK Banking Crackdown
A LinkedIn post alleges that Wise has blocked payroll payments from Coinbase to UK‑based employees, disrupting their finances. Coinbase acknowledged the post but offered no further comment, while Wise has not responded. Wise’s Acceptable Use Policy prohibits direct crypto transactions and allows it to reject payments linked to crypto businesses, though it does not explicitly ban salary transfers. The incident reflects a wider trend of UK banks and payment providers tightening controls on crypto‑related transactions, raising concerns for the sector’s growth.
By Finance Magnates Fintech
News•Feb 26, 2026
Finance Magnates Launches FM Academy, Supporting CySEC CPD & Training
Finance Magnates has launched FM Academy, a compliance‑focused training platform for fintech professionals and regulated firms, centered on CySEC CPD and AML education. The service offers structured online lessons, interactive assessments, and downloadable digital certificates that can be verified for...
By Finance Magnates Fintech
News•Feb 25, 2026
Singapore Sees Cyber Scams Soar 61% as Global Taskforce Warns of Widespread Crime
The Financial Action Task Force (FATF) warned that cyber‑enabled fraud is now a top money‑laundering threat in 90% of the jurisdictions it assessed. Singapore alone saw a 61% jump in scam cases over the past two years, while the United...
By Finance Magnates Fintech
News•Feb 17, 2026
EToro Reports $868M Net Contribution for 2025, Funded Accounts Rise to 3.8 Million
eToro posted its first full‑year results as a public company, reporting a net contribution of $868 million, a 10% increase year over year, and GAAP net income of $216 million. Growth was driven by expanded stock, derivatives and ISA offerings, while crypto...
By Finance Magnates Fintech
News•Feb 16, 2026
Philippine “Revolut” Maya Eyes Up to $1 Billion US Listing
Philippine fintech Maya, an all‑in‑one digital banking app, is eyeing a U.S. IPO that could raise up to $1 billion. The platform now serves 5.4 million customers and disbursed 68 billion pesos ($1.2 bn) in loans in 2024. Its filing comes amid a volatile...
By Finance Magnates Fintech
News•Feb 11, 2026
UK to Regulate BNPL Platforms From 15 July
The UK Financial Conduct Authority will begin regulating buy‑now‑pay‑later (BNPL) providers from 15 July 2026 under a temporary permission regime (TPR). Firms active on 15 July 2025 must apply for TPR and confirm registration intent by early May, while those opting out must halt...
By Finance Magnates Fintech
News•Feb 5, 2026
Robinhood and eToro Shares Sink for Eighth Day as Bitcoin Price Crashes to $63,500
Robinhood and eToro extended multi‑day selloffs as Bitcoin plunged to $63,500, its lowest level since October 2024. Robinhood closed at $75.67, down about 10% for the session and marking its eighth consecutive losing day. eToro slipped roughly 7% to $26.54,...
By Finance Magnates Fintech
News•Feb 5, 2026
Leverate to Launch Prediction Market Technology for Brokers at iFX EXPO
Fintech firm Leverate will debut a turnkey prediction‑market technology for brokers at iFX EXPO Dubai 2026. The solution lets brokers add event‑based contracts to existing platforms without building pricing, risk or execution infrastructure in‑house. Leverate’s offering follows a recent trend,...
By Finance Magnates Fintech
News•Feb 4, 2026
CFD Focused Equiti Group Enhances Deposits and Cross-Border Transfers with Checkout.com
Equiti Group has teamed up with global payments provider Checkout.com to upgrade its Equiti Pay gateway, adding card deposits, pay‑to‑card transfers and digital wallets such as Apple Pay and Google Pay. The integration promises faster, more reliable cross‑border funding and...
By Finance Magnates Fintech
News•Feb 4, 2026
Turkish Police Shut Down Payments Firm in FX Fraud and Illegal Betting Probe, 38 Arrested
Turkish authorities shut down a centrally‑licensed payments platform accused of laundering proceeds from illegal betting and fraudulent forex trading. Police conducted coordinated raids across eight cities, arresting 38 suspects and seizing assets, while appointing a Deposit Insurance Fund administrator to...
By Finance Magnates Fintech
News•Feb 3, 2026
“Singapore Banks Remain Cautious and Selective”: Web3 Firms Face Higher Compliance Demands
Singapore continues to cement its status as Asia’s premier Web3 hub, thanks to the Monetary Authority of Singapore’s clear, principles‑based regulatory framework and government‑backed sandbox programmes. Leading exchanges and fintechs such as OKX, Crypto.com and ChainUp cite regulatory certainty, strong...
By Finance Magnates Fintech
News•Feb 3, 2026
PAY360 2026: Shaping the Future of Payments
PAY360 2026, the largest global payments conference, will convene over 6,000 innovators at ExCeL London on March 24‑25. Hosted by The Payments Association, the event features more than 200 speakers from banks, fintechs, regulators and tech firms, alongside 150 exhibitors....
By Finance Magnates Fintech
News•Jan 29, 2026
EToro Adds DKK Accounts in Denmark After Expanding Nasdaq Nordic Data
eToro has launched Danish‑kroner (DKK) accounts, letting users in Denmark deposit, hold, withdraw and trade directly in their local currency. The move eliminates mandatory USD conversion, cutting fees that can drop to 0.15% for high‑tier members. It follows eToro’s earlier...
By Finance Magnates Fintech
Deals•Jan 8, 2026
Broadridge Acquires Minority Stake in AI Startup DeepSee
Broadridge Financial Solutions announced it has acquired a minority ownership position in DeepSee, a Utah‑based AI firm that builds agentic AI for automated email orchestration in post‑trade processing. As part of the deal, Broadridge President Tom Carey will join DeepSee’s...
Finance Magnates Fintech
Deals•Jan 6, 2026
Papaya Global Considers Sale Valued up to $4.5B Amid B2B Growth
Papaya Global, a fintech payroll platform, is in advanced talks for a potential acquisition with a valuation between $3.5 billion and $4.5 billion. The company is negotiating with multiple parties, including a private equity fund and enterprise software giants SAP and Oracle,...
Finance Magnates Fintech
Deals•Dec 16, 2025
United Fintech Secures Minority Investment From Dansk Vækstkapital
United Fintech, a fintech infrastructure provider, announced a new minority equity investment from Dansk Vækstkapital, marking its sixth institutional backer and second addition this month. The funding adds to United Fintech’s existing banking investors, including Barclays, BNP Paribas, Citi, Danske...
Finance Magnates Fintech