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fiscal year 2022

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FinTech

N26 to Enter Stock, ETF Market with 2024 Product Launch

  • The new offering will be developed in collaboration with German fintech Upvest.
  • The company also reported revenue growth and forecasts achieving profit in 2024.
Thursday, 30/11/2023 | 08:27 GMT by Damian Chmiel
Institutional FX

Zenfinex (Now Taurex) Achieves 66% Revenue Growth in 2022, Despite Net Loss

  • The company reported a marked loss despite higher revenue.
  • Increased expenses overshadow the revenue rise to £397K.
Tuesday, 28/11/2023 | 08:09 GMT by Damian Chmiel
Institutional FX

Citadel Securities Europe Records 113% Increase in Profit for 2022

  • In 2022, the company's expenses were also clearly improving.
  • These, however, were "in line with expectations" and ultimately allowed to achieve a higher net profit.
Wednesday, 01/11/2023 | 07:12 GMT by Damian Chmiel
Retail FX

Saxo Bank UK's Profit Dips despite Record Client Numbers

  • In 2022, Saxo Bank UK achieved a trading profit of £24.74 million.
  • Despite a decline in volumes, the broker currently has a record-large customer base.
Tuesday, 10/10/2023 | 07:58 GMT by Damian Chmiel
Retail FX

Trade Nation Caps Off 2022 with 300% Profit Growth in the UK

  • The CFD provider recently got licensed in Seychelles.
  • The firm continues to build up its presence in the sports industry.
Wednesday, 16/08/2023 | 21:56 GMT by Solomon Oladipupo
Retail FX

ATFX UK’s Profit Surges by Almost 300% to £838K in 2022

  • The subsidiary's turnover jumped 7.6% to £3.2M.
  • ATFX has expanded to Australia and the UAE.
Tuesday, 25/07/2023 | 21:08 GMT by Solomon Oladipupo
Institutional FX

XTX’s Profit from UK Operations Surges above £1 Billion in 2022

  • XTX's revenue from its UK entities jumped 68% to £2.5 billion.
  • Previously, Virtu Financial reported a drop of 43% in net profit for 2022.
Monday, 17/07/2023 | 15:36 GMT by Solomon Oladipupo
Regulation

‘A Lighter Regulatory Touch’? FCA’s Enforcement Cases Plummet in FY 22/23

  • The number of cases that the FCA opened dropped from 190 to 100 in FY22/23.
  • The British watchdog said its enforcement approach remains 'unchanged'.
Monday, 10/07/2023 | 18:11 GMT by Solomon Oladipupo
FinTech

ISX Financial Posts Solid Profit and Revenue in 2022 despite 'Worsening Market'

  • The firm delayed its IPO last year due to bad market conditions.
  • ISX processed 600% more open banking payment transactions last year.
Friday, 02/06/2023 | 14:46 GMT by Solomon Oladipupo
FinTech

Moneycorp Reports Record Year and Positive Q1 2023 Performance

  • Moneycorp recorded strong growth in the last year and quarter.
  • Increased trading volumes and revenues underscore the company's strategic investments.
Thursday, 01/06/2023 | 09:39 GMT by Damian Chmiel
Retail FX

Pepperstone UK’s Profit Surges 128% to £4.6M in 2022

  • The broker's revenue increased 36% to £10.7 million.
  • However, Pepperstone UK's profit and revenue fail to break above the 2020 output.
Friday, 24/03/2023 | 18:29 GMT by Solomon Oladipupo
Institutional FX

Global Demand Catapults TS Imagine’s Bookings 72% Higher in 2022

  • Recurring bookings boost emerged from North America, Europe and other regions.
  • TS Imagine attribute demand surge to technology and team expansion.
Tuesday, 28/02/2023 | 18:36 GMT by Solomon Oladipupo
FinTech

Temenos Sees Highest Ever Software Licensing in North America in 2022

  • Temenos' SaaS revenue shot up 37% in FY 22.
  • The company expects the sales environment to remain stable in 2023.
Monday, 20/02/2023 | 19:42 GMT by Solomon Oladipupo
Institutional FX

Credit Suisse Reports CHF 7.3 Billion Annual Loss in 2022

  • The banking giant lost 20% of its assets under management.
  • The CEO confirms that current results are “unacceptable.”
Thursday, 09/02/2023 | 11:03 GMT by Damian Chmiel
Institutional FX

Deutsche Börse Net Profit Increases 24% in 2022 to €1.6b

  • Deutsche Börse achieved its mid-term targets one year earlier than planned.
  • The Group forecasts this year's net revenue between €4.5-4.7 billion.
Thursday, 09/02/2023 | 09:51 GMT by Damian Chmiel
FinTech

UBS Posts Net Profit of $7.6 Billion in 2022

  • UBS posted US$1.9 billion in profit before tax in Q4 2022.
  • Total revenue decreased YoY in three out of four UBS business divisions.
Tuesday, 31/01/2023 | 18:34 GMT by Solomon Oladipupo
Institutional FX

US SEC Recovers Record $6.4bn in Penalties and Disgorgement in FY22

  • The number of recovered funds shot up 67% from the prior year's $3.9 billion.
  • The SEC paid a record $229 million to whistleblowers in FY22.
Wednesday, 16/11/2022 | 03:24 GMT by Solomon Oladipupo
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