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Payments

Klarna and Nets Collaborate for Payment Options in Nordic E-commerce

  • Consumers gain access to flexible payment, including Buy Now, Pay Later, and instalments.
  • In the US, the Klarna Card simplifies shopping and payments through its integrated app.
Wednesday, 15/05/2024 | 15:21 GMT by Tareq Sikder
Payments

How Specialization is Streamlining Cross-Border Payments

  • A look into Inpay's global sprint.
Tuesday, 16/04/2024 | 16:00 GMT by Pedro Ferreira
Retail FX

Denmark Pursues Extradited British Trader in £1.46B Tax Scandal

  • Danish authorities accuse Shah of negatively impacting its financial landscape.
  • Shah allegedly orchestrated a fraudulent scheme through share trading.
Wednesday, 06/12/2023 | 16:56 GMT by Jared Kirui
Retail FX

Saxo Bank’s FX Volume Springs 27% to $130.5B in May

  • However, the new volume stands below March's figure of $155.5 billion.
  • Overall, trading volume strengthened 28% to $407 billion.
Wednesday, 07/06/2023 | 14:32 GMT by Solomon Oladipupo
Institutional FX

GCEX Gains New Danish License to Offer FX and CFDs

  • The new license opens the EU market to the company.
  • It is already offering crypto services with another Danish license.
Wednesday, 10/05/2023 | 06:00 GMT by Arnab Shome
Retail FX

Saxo Bank Keeps 'All Options Open', IPO Possible

  • An IPO could come as early as 2023, the CEO Kim Fournais told Reuters.
  • Saxo Bank abandoned a proposed SPAC deal last month
Tuesday, 10/01/2023 | 11:14 GMT by Solomon Oladipupo
Retail FX

Forex and Equities Push Saxo Bank's Volume 43% Higher in September

  • The new volume reverses a 3-month consecutive decline in volume.
  • Saxo Bank's net profit sank 41% in the half-year of 2022.
Thursday, 06/10/2022 | 15:10 GMT by Solomon Oladipupo
Payments

PayProff Launches Escrow Services amid Gaining Danish Payments License

  • It is offering services across Denmark.
  • The platform was developed by a Danish used car trading platform.
Tuesday, 06/09/2022 | 10:13 GMT by Arnab Shome
Institutional FX

GCEX Strengthens EU Operation with Two Danish Licenses

  • One of the licenses will allow the company to run a crypto exchange.
  • It also onboarded Michael Aagaard as the Danish MD recently.
Monday, 13/06/2022 | 07:15 GMT by Arnab Shome
Institutional FX

After April's Dip, Saxo Bank’s FX Volume Climbs 19% to $149.6bn in May

  • The total FX trading volume plunged by -17% in April.
  • Saxo Bank's FX volume has risen by 38% from January's output.
Monday, 06/06/2022 | 18:43 GMT by Solomon Oladipupo
FinTech

Blockchain Test Proves Its Potential in the DFSA’s Regulatory Sandbox

  • DFSA partnered with a Danish B2B software firm and conducted a blockchain test.
  • The test showed Blockchain’s potential, though new risks emerge.
Friday, 04/02/2022 | 16:00 GMT by Nicholas Otieno
News

FE Fundinfo Acquires Danish Company FundConnect

  • The company is planning to expand its global presence through the latest acquisition.
Monday, 16/08/2021 | 10:19 GMT by Bilal Jafar
News

Danish Fintech Firm Pleo Raises $150 Million

  • The company has received a valuation of $1.7 billion.
Wednesday, 07/07/2021 | 13:06 GMT by Bilal Jafar
Regulation

Saxo Bank Gets Notice from Danish FSA for Reporting Violations

  • The reports of transactions with financial instruments offered by the bank have had errors since 2018.
Monday, 31/05/2021 | 06:54 GMT by Arnab Shome
Brokers

Saxo Bank Surpasses DKK 500 Billion in Clients’ Assets

  • The Group reported the opening of 238,000 accounts during 2020.
Monday, 08/02/2021 | 08:45 GMT by Bilal Jafar
Institutional FX

Danske Bank to Cut 7% Staff for Cost Reduction

  • It is aiming to become a ‘better bank’ by 2023.
Thursday, 08/10/2020 | 10:55 GMT by Arnab Shome
Exchanges

Euronext Gets Approval from Denmark’s FSA to Acquire VP Securities

  • Approval from the FSA was the only condition needed by the exchange to complete the transaction.
Thursday, 16/07/2020 | 07:01 GMT by Celeste Skinner
News

eToro Acquires Danish Blockchain Firm Firmo Network

  • The company will work as an innovation unit of the trading firm.
Monday, 25/03/2019 | 10:06 GMT by Arnab Shome
Regulation

LCM Global 'Investment Managers' Join Danish FMA's Warning List

  • The company conned one Reddit out of £5,000
Wednesday, 23/01/2019 | 13:28 GMT by David Kimberley
News

Danish Tax Agency Cracks Down on Delinquent Crypto Traders

  • The Danish tax authority is pulling data from three cryptocurrency exchanges.
Tuesday, 15/01/2019 | 06:25 GMT by Rachel McIntosh
Executive Moves

Danske Bank Appoints Jesper Nielsen as Interim CEO

  • The previous CEO Thomas Borgen has now been relieved of all of his duties.
Monday, 01/10/2018 | 09:08 GMT by Celeste Skinner
Executive Moves

Tradeworks Tapps Carlos Rocha as VP of Strategy & Business Development

  • The new position represents Rocha’s return to the forex industry.
Tuesday, 18/09/2018 | 12:02 GMT by Celeste Skinner
Regulation

Danish FSA Issues Warning Against Two Unauthorized Brokers

  • The companies were providing financial services in Denmark without authorization.
Friday, 02/03/2018 | 14:34 GMT by Finance Magnates Staff
Regulation

Saxo Bank to Introduce New Solutions for IBs After MiFID II Implementation

  • The Danish broker plans new solutions for IBs as it awaits the changes of MiFID II.
Monday, 29/05/2017 | 16:42 GMT by Finance Magnates Staff
Executive Moves

Nasdaq Copenhagen Appoints Nikolaj Kosakewitsch as its President

  • Nikolaj Kosakewitsch joins Nasdaq Copenhagen as President, where he will focus on equities and sales.
Thursday, 09/02/2017 | 11:55 GMT by Jeff Patterson
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