ADVFN UK Market News

Tag: Finance

  • Webull Enters EU Market

    Webull Enters EU Market

    Webull, the American trading app known for its commission-free investing platform, has officially launched its European operations by opening a new office in Amsterdam. This marks the company’s first direct entry into the European Union market, following its earlier expansion into the UK.

    The launch comes nearly a year after Webull Securities (Europe) B.V. received regulatory approval from the Dutch Authority for the Financial Markets (AFM) in September 2024. The company spent the intervening months preparing its infrastructure, compliance systems, and user experience for the European audience.

    What Webull Offers to Dutch Investors

    Dutch retail investors now have access to:

    • European and U.S. stocks, including fractional shares
    • European ETFs
    • U.S. options
    • Extended trading hours
    • Market news, educational content, and trading tools via the Webull mobile app

    The platform aims to attract users with competitive pricing and a user-friendly interface, positioning itself as a strong alternative to other retail investment platforms like Robinhood.

    Strategic Expansion Across Europe

    Webull’s Amsterdam office is just the beginning. The company plans to expand into other EU countries in the coming months, leveraging its existing infrastructure and regulatory experience. This move adds the Netherlands as the 14th market in Webull’s global portfolio, which spans North America, Asia Pacific, Europe, and Latin America.

    With over 24 million registered users globally, Webull is betting on the growing demand for low-cost, accessible investing in Europe. According to Andries van Luijk, CEO of Webull EU, the European public is increasingly seeking investment opportunities that are both affordable and internationally diversified.

    A Growing Footprint in Europe

    Webull’s European journey began in 2023 with its UK launch under the Financial Conduct Authority (FCA) license. The Dutch expansion reflects the company’s commitment to building a strong presence across the continent.

    Anthony Denier, Group President and U.S. CEO of Webull, emphasized the strategic importance of the EU launch:

    “This expansion establishes our presence in Europe and reflects our commitment to making investing more accessible worldwide.”

  • Revolut Audi F1 Team Unveiled: Fintech Giant Enters Formula 1 Arena

    Revolut Audi F1 Team Unveiled: Fintech Giant Enters Formula 1 Arena

    In a landmark move that bridges the worlds of high finance and high-speed racing, Revolut, the global fintech powerhouse, has been unveiled as the title partner of the future Audi F1 Team, set to make its debut in the 2026 FIA Formula One World Championship.

    The announcement marks a strategic alliance between two innovation-driven brands, both poised to disrupt their respective industries with bold vision and cutting-edge technology.

    A Fusion of Speed and Fintech

    The partnership, announced jointly by Audi AG and Revolut, will see the team officially branded as the Revolut Audi F1 Team from the start of the 2026 season. Audi, which recently completed its acquisition of the Kick Sauber F1 entry, is preparing for its long-anticipated entry into Formula 1 with a clear ambition: to use the sport as a platform for technological relevance and sustainable brand growth 

    Revolut, with over 60 million customers globally, is equally ambitious. The fintech firm is accelerating toward a target of 100 million users, and the partnership with Audi offers a unique opportunity to engage with a global audience through the spectacle of Formula 1 

    “This is a monumental partnership for Revolut and the future Audi F1 Team,” said Nik Storonsky, CEO of Revolut. “We’re bringing our customers into Formula 1 with unforgettable experiences at a pivotal time for the sport. As Revolut continues to challenge the status quo in global finance, the Audi F1 Team is set to do the same in motorsport.” 

    Innovation On and Off the Track

    The collaboration goes far beyond branding. Revolut Business will be deeply integrated into the team’s financial operations, streamlining everything from budgeting to international transactions. Fans will also benefit directly, with Revolut powering seamless checkout solutions for team merchandise, ensuring a premium and intuitive retail experience during race weekends

    “With Revolut, we have found a partner that shares our core ethos of innovation and relentless ambition,” said Jonathan Wheatley, Team Principal of the future Audi F1 Team. “This is more than a brand fit; it is a strategic alliance engineered to challenge conventions in motorsport.”

    The partnership also aims to redefine fan engagement. Audi and Revolut plan to introduce interactive digital experiences, exclusive benefits for Revolut users, and immersive race-day activations designed to appeal to a new generation of motorsport enthusiasts.

    Audi’s Vision for Formula 1

    Audi’s entry into Formula 1 is being led by a seasoned team, including Wheatley and Chief Operating Officer Mattia Binotto, formerly of Ferrari. The German automotive giant sees Formula 1 not just as a racing challenge, but as a technologically relevant and economically sustainable investment in its future

    “Formula 1 is a global stage that offers us the opportunity to reach new target groups and generate enthusiasm for our products,” said Gernot Döllner, CEO of Audi AG and Chairman of the Board of Sauber Motorsport AG. “In Revolut, we have found a partner that shares our ambitions and attitude.” 

    Looking Ahead to 2026

    With the 2026 season fast approaching, the Revolut Audi F1 Team is already laying the groundwork for a competitive debut. The team is establishing a UK Technical Centre, refining its engineering capabilities, and preparing to challenge the sport’s elite with a fresh approach to racing and operations.

    This partnership is more than a sponsorship—it’s a statement of intent. As Formula 1 evolves into a more digitally connected and globally inclusive sport, the union of Audi and Revolut could well become a blueprint for future collaborations between tech and motorsport.

    Photo by Chethan Kanakamurthy on Unsplash

  • ATFX Hits $862.2 Billion in Q2 Trading Volume, Cementing Global Leadership

    ATFX Hits $862.2 Billion in Q2 Trading Volume, Cementing Global Leadership

    ATFX has reported a record-breaking $862.2 billion in trading volume for the second quarter of 2025, marking a new milestone in its global growth trajectory and reinforcing its position among the world’s top-performing brokers.

    The figures, confirmed by the latest Finance Magnates Intelligence Report, extend ATFX’s streak of 20 consecutive quarters ranked in the global Top 10 by trading volume. The surge reflects the broker’s expanding market share, deep liquidity, and commitment to delivering institutional-grade execution across asset classes.

    Cross-Asset Momentum Fuels Growth

    ATFX’s Q2 performance was driven by strong activity across key product categories:

    • Precious Metals: Gold and silver trading rose 23.1% year-over-year and 15.2% quarter-over-quarter, as investors sought safe-haven assets amid persistent market volatility.
    • Forex: Currency pair trading climbed 10.14% from Q1, underscoring the appeal of ATFX’s multi-asset platform in navigating global FX dynamics.
    • Equities: Stock trading volumes skyrocketed—up 106.14% year-over-year and 54.22% from Q1—highlighting a shift in trader appetite toward equities and ATFX’s growing role in supporting diversified strategies.

    A Consistent Upward Trajectory

    The Q2 results build on ATFX’s previous quarterly achievements, including $776.5 billion in Q1 and $643 billion in Q4 2024. This sustained momentum reflects the broker’s agility in adapting to market conditions and its investment in platform performance and client support.

    Global Footprint and Regulatory Strength

    Operating in 24 locations and holding nine regulatory licenses—including from the FCA (UK), ASIC (Australia), CySEC (Cyprus), SCA (UAE), and SFC (Hong Kong)—ATFX continues to expand its global reach while maintaining strict compliance standards.

    The company’s leadership attributes its success to a client-first approach, robust technology infrastructure, and a commitment to innovation. “We’re not just growing—we’re evolving with our clients,” said a spokesperson. “This milestone is a reflection of our shared ambition and the trust our traders place in us.”

    As ATFX pushes forward with product development and market expansion, its Q2 performance sets a high bar for the industry and signals continued momentum in the quarters ahead.

  • Fiscal.ai Raises $10M in Series A Funding to Revolutionize Financial Data Access

    Fiscal.ai Raises $10M in Series A Funding to Revolutionize Financial Data Access

    London, UK — June 30, 2025 — Fiscal.ai, formerly known as FinChat, has announced the successful completion of a $10 million Series A funding round, marking a major milestone in its mission to transform how financial data is accessed and utilized across the fintech landscape.

    The round was led by Portage Ventures, with additional backing from Social Leverage and strategic investor VanEck, bringing the company’s total funding to $13 million. Fiscal.ai plans to use the capital to expand its product offerings, scale its infrastructure, and accelerate hiring across key departments.

    Founded by Braden Dennis (CEO), Ryan White (CTO), Kevin Bojan (CPO), and Adrian Iwanicki (COO), Fiscal.ai began as a conversational interface for financial data. The company has since evolved into a full-fledged data infrastructure provider, offering a developer-friendly API, a powerful terminal, and a suite of tools designed to make financial data more searchable, explainable, and actionable.

    With over 350,000 registered users and partnerships with leading fintech platforms, Fiscal.ai is positioning itself as a foundational layer for financial decision-making in the AI era. The company’s upcoming Enterprise product, expected within 30 days, aims to further enhance its capabilities for institutional clients.

    CEO Braden Dennis emphasized the company’s broader vision: “We are completely rebuilding how investors get the information they require and interact with it day to day,” he said. “Our team is committed to building beautiful, powerful products — fast”.

    The rebrand to Fiscal.ai reflects the company’s strategic shift toward serving both professional and self-directed investors, with plans to expand beyond equities into global asset classes.

    For more details, please visit Fiscal.ai’s official announcement.

  • ATFX Connect Expands Prime Brokerage Capabilities with Standard Chartered Partnership

    ATFX Connect Expands Prime Brokerage Capabilities with Standard Chartered Partnership

    ATFX Connect, the institutional division of ATFX Group, has announced a strategic collaboration with Standard Chartered Bank, marking the addition of the bank as its second foreign exchange prime broker. This move significantly enhances ATFX Connect’s institutional service offerings and strengthens its global market presence.

    The partnership integrates Standard Chartered’s top-tier prime brokerage services into ATFX Connect’s advanced liquidity infrastructure. This expansion is set to benefit a broader range of institutional clients by offering deeper market access and a more robust trading environment.

    “As we grow our FX prime brokerage services, our focus remains on delivering transparent, direct market access to institutional clients,” said Wei Qiang Zhang, Managing Director at ATFX Connect. “Standard Chartered’s capabilities align perfectly with our existing framework and elevate the quality of service we provide.”

    ATFX Connect caters to institutional and professional traders through both Agency Prime Brokerage and Margin accounts. Its liquidity pool is built from Tier 1 banks and non-bank providers, offering trading in Spot FX, NDFs, indices, commodities, and precious metals. Clients can connect via FIX API, third-party platforms, or ATFX’s proprietary systems.

    This development underscores ATFX Connect’s commitment to delivering tailored, high-performance trading solutions to hedge funds, banks, asset managers, and other institutional players.

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