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- Stocks
No Challenge, No Fee: RaiseMyFunds Bets Its Whole Business on Trader Performance
The prop trading industry has run on the same challenge-based model for years: traders pay fees to enter evaluations, clear one or more phases, and only then receive access to a funded account. RaiseMyFunds is leaving that model behind. From September 2026, the firm offers instant funding…
- Economy
UK Retail Sales Bounce Back With 0.5% Gain in August
UK retail sales rose unexpectedly in August, as warm weather and a brighter national mood encouraged consumers to spend despite rising energy bills.
- Earnings
"I Simply Believed": Octavian Patrascu on Clearing NAGA's Clutter and Returning to Profit
For nine years following its 2017 Frankfurt listing, NAGA stood as a Silicon Valley parallel for European retail fintech: technologically inventive, product-rich and chronically incapable of turning a profit. Even as retail trading volumes exploded during the pandemic, the trading platform’s…
- Stocks
Transak Brings Fiat On-Ramps to Arc
Developers and users on Arc, the Economic OS built by Circle, get a route from local currency into USDC via Transak integration. Transak, the stablecoin payments infra provider used by more than 600 financial applications, is live on Arc as an on-ramp provider in the Arc Onramp Kit,…
- Rates & Bonds
Korea-US Investment Arm Mulls Debut Bond for $350 Billion Pledge
A newly created entity at the heart of South Korea’s $350 billion US investment pledge is considering heading to the bond market for the first time, offering an early glimpse into how Seoul plans to finance one of the largest commitments in its trade deal with Washington.
- Stocks
Pokémon card curbs send shares of Japanese online marketplace Mercari on a bumpy ride
Mercari shares are clawing back losses after Pokémon card listing restrictions triggered a selloff earlier this week.
- Stocks
Democrats vow to pursue ‘Trump crime family’ after midterm elections
Lawmaker on oversight committee says he will probe Donald Trump’s sons and Elon Musk if his party takes control of the…
- Regulation
Liechtenstein royals threaten lawsuit over dynasty reforms
Feud in Europe’s wealthiest monarchy deepens after Prince Alois tightens control over family members…
- Stocks
Medical AI has a proof problem
The technology’s advances have not yet translated into big improvements in real-life care…
- Economy
Bank of Japan raises interest rates to 31-year high, flags concerns over inflation
The decision was split 7-2, with board members Toichiro Asada and Ayano Sato dissenting from the hike.
- Economy
BOJ Rate Hike Fails to Buoy Yen Even as Ueda Signals More Moves
The Bank of Japan raised its benchmark interest rate and signaled it’s open to further tightening, but ultimately disappointed yen traders who wanted clearer guidance on the central bank’s next move.
- Stocks
Tech Companies’ Staff Knew Their AI Tools Posed ‘Existential Threat’ to Publishers
Executives and others at OpenAI and Microsoft acknowledged they could undermine their own content sources, according to a new filing in a New York Times copyright lawsuit.
- Fintech & Payments
Citi Launches Mastercard Subscription Management Tool in UAE
Citi has launched Mastercard’s subscription management capability, Smart Subscriptions, in the United Arab Emirates (UAE), Mastercard said in a Thursday (Sept. 17) press release. The launch marks Citi’s first deployment of Smart Subscriptions anywhere in the world, and Mastercard’s first…
- Stocks
Apollo Backs AI Hardware Startups to Win Future Infrastructure Financing
Apollo Global Management is investing in startups focused on artificial intelligence and the related hardware and plans to lend them money in the future, The Information reported Wednesday (Sept. 16), citing unnamed sources. Examples include Apollo’s investments in chip startup SiFive…
- Fintech & Payments
Canadian fintech VC Portage closes US$600m fund
Toronto-based investment firm Portage has raised US$600 million for its latest fintech fund.