FX

Statement from XTX Markets: fraudulent companies claiming to be affiliated with XTX Markets

Retrieved on: 
Wednesday, March 20, 2024
XTX Markets, XTX, FX, Fraud, Market, Cryptocurrency

LONDON, March 20, 2024 /PRNewswire/ -- We are aware of fraudulent FX and cryptocurrency scams from websites, individuals and/or entities that are purporting to be affiliated, connected or associated with XTX Markets.

Key Points: 
  • LONDON, March 20, 2024 /PRNewswire/ -- We are aware of fraudulent FX and cryptocurrency scams from websites, individuals and/or entities that are purporting to be affiliated, connected or associated with XTX Markets.
  • XTX Markets does not issue cryptocurrencies and does not offer services on any retail FX or cryptocurrency platforms.
  • The only websites operated by XTX Markets are our official website: XTXMARKETS.COM and the AIMO Prize website: AIMOPRIZE.COM .
  • Any other website purporting to be XTX Markets or connected to XTX Markets is fraudulent.

Statement from XTX Markets: fraudulent companies claiming to be affiliated with XTX Markets

Retrieved on: 
Wednesday, March 20, 2024
XTX Markets, XTX, FX, Fraud, Market, Cryptocurrency

LONDON, March 20, 2024 /PRNewswire/ -- We are aware of fraudulent FX and cryptocurrency scams from websites, individuals and/or entities that are purporting to be affiliated, connected or associated with XTX Markets.

Key Points: 
  • LONDON, March 20, 2024 /PRNewswire/ -- We are aware of fraudulent FX and cryptocurrency scams from websites, individuals and/or entities that are purporting to be affiliated, connected or associated with XTX Markets.
  • XTX Markets does not issue cryptocurrencies and does not offer services on any retail FX or cryptocurrency platforms.
  • The only websites operated by XTX Markets are our official website: XTXMARKETS.COM and the AIMO Prize website: AIMOPRIZE.COM .
  • Any other website purporting to be XTX Markets or connected to XTX Markets is fraudulent.

Global B2B Buy Now Pay Later Market Projected to Surpass $199 Billion in 2024, Accelerated Growth Expected in Europe

Retrieved on: 
Tuesday, March 19, 2024
BNPL, Growth, Amazon, Partnership, KPI, Sale, AI, B2C, Table, B2B, FX, Marketing

The global B2B BNPL market is poised for accelerated growth over the next three to four years.

Key Points: 
  • The global B2B BNPL market is poised for accelerated growth over the next three to four years.
  • Europe is projected to lead the market growth across regions, with several new firms entering the market and existing ones are seen expanding their presence.
  • In the global market, firms are expected to forge new strategic alliances and raise investment from venture capital and private equity firms in 2024.
  • With growth slowing down in the B2C sector, firms are entering the B2B BNPL market with the launch of new and innovative products in the global market.

Banxso Secures Landmark Financial Dealer License in Vanuatu, Amplifying Its Global Influence

Retrieved on: 
Tuesday, March 19, 2024
Vanuatu Financial Services Commission, FX, Certification, Acquisition, CFD, VFSC, Retail

This pivotal development, authorized by the Vanuatu Financial Services Commission (VFSC), comes under the distinguished banner of VT Markets Global Limited, marking a significant leap forward in Banxso's mission to democratize financial trading on a global scale.

Key Points: 
  • This pivotal development, authorized by the Vanuatu Financial Services Commission (VFSC), comes under the distinguished banner of VT Markets Global Limited, marking a significant leap forward in Banxso's mission to democratize financial trading on a global scale.
  • This certification is emblematic of Banxso's unwavering adherence to the stringent standards of operational integrity, customer protection, and compliance mandated by international financial regulatory bodies.
  • The acquisition of the financial dealer license enables Banxso to diversify its offering, introducing a spectrum of new financial instruments and services tailored to meet the evolving needs of its diverse clientele.
  • For additional information about Banxso and its comprehensive suite of financial products and services, please visit banxso.com .

Banxso Secures Landmark Financial Dealer License in Vanuatu, Amplifying Its Global Influence

Retrieved on: 
Tuesday, March 19, 2024
Vanuatu Financial Services Commission, FX, Certification, Acquisition, CFD, VFSC, Retail

This pivotal development, authorized by the Vanuatu Financial Services Commission (VFSC), comes under the distinguished banner of VT Markets Global Limited, marking a significant leap forward in Banxso's mission to democratize financial trading on a global scale.

Key Points: 
  • This pivotal development, authorized by the Vanuatu Financial Services Commission (VFSC), comes under the distinguished banner of VT Markets Global Limited, marking a significant leap forward in Banxso's mission to democratize financial trading on a global scale.
  • This certification is emblematic of Banxso's unwavering adherence to the stringent standards of operational integrity, customer protection, and compliance mandated by international financial regulatory bodies.
  • The acquisition of the financial dealer license enables Banxso to diversify its offering, introducing a spectrum of new financial instruments and services tailored to meet the evolving needs of its diverse clientele.
  • For additional information about Banxso and its comprehensive suite of financial products and services, please visit banxso.com .

Marco Secures $12M in Series A Funding to Revolutionize LatAm SME Trade Finance

Retrieved on: 
Tuesday, March 19, 2024
Social, Face, Growth, Mentorship, Allan C. Spradling, Risk, ESG, Capital loss, History, SME, FX, Drug

MIAMI, March 19, 2024 /PRNewswire/ -- Marco, the trade finance platform catering to the needs of SME exporters in Latin America, has announced the successful closure of a $12 million Series A funding round. The round was led by IDC Ventures, with additional participation from IDB Lab (the innovation and venture laboratory of the Inter-American Development Bank Group), Barn Invest, SquareOne Capital, Arcadia Funds, Florida Funders, Miami Angels, Kayyak Ventures, and Neer Ventures, among others.

Key Points: 
  • "We are thrilled to enter this new phase of growth catapulted by the unwavering support of our investors who believe in our mission," commented Jacob Shoihet, co-founder and CEO of Marco.
  • Marco's innovative approach to trade finance is addressing the $350 billion trade financing gap in Latin America.
  • This fundraise marks a significant milestone in Marco's journey, further strengthening its commitment to ESG efforts within the LatAm region.
  • "Marco's trade finance solutions, especially our factoring model, not only align perfectly with SMEs needs but also minimize risk along the way," Spradling continued.

MSU Energy Announces Full Repayment of its $250 Million Senior Secured 2024 Floating Rate Notes

Retrieved on: 
Wednesday, March 13, 2024
General Electric, Conference, Environment, Senior, Plant, Conference call, Note, FX, Shangrilá, COD, Professional

BUENOS AIRES, Argentina, March 13, 2024 /PRNewswire/ -- MSU Energy S.A., a power generator with operations in Argentina, announced in its 4Q23 Earnings Conference Call, that on February 28, 2024, the Company successfully completed the final $25.0 million principal payment on its Senior Secured 2024 Floating Rate Notes, for an aggregate principal amount of $250 million.

Key Points: 
  • BUENOS AIRES, Argentina, March 13, 2024 /PRNewswire/ -- MSU Energy S.A., a power generator with operations in Argentina, announced in its 4Q23 Earnings Conference Call, that on February 28, 2024, the Company successfully completed the final $25.0 million principal payment on its Senior Secured 2024 Floating Rate Notes, for an aggregate principal amount of $250 million.
  • The combined cycle project represented a total investment of approximately $500 million.
  • The combined cycle completion has allowed MSU Energy to increase energy conversion efficiency of its plants by 25% and increase EBITDA by approximately 85%.
  • Pablo Ferrero, Executive Director of MSU Energy stated: "This is a significant milestone for the company.

MGI – Media and Games Invest SE Reports Significant Organic Growth of 16% in Q4 2023 Resulting in FY 2023 Revenues of €322 Million, Outperforming Full-Year Guidance by 6% - Strong Start into 2024

Retrieved on: 
Wednesday, March 13, 2024
Remco, The Company, Investment, IOS, Growth, MGI, PPA, Advertising, EUR, ESOP, Report, Tax, EPS, FX, Bookkeeping

MGI – Media and Games Invest SE Reports Significant Organic Growth of 16% in Q4 2023 Resulting in FY 2023 Revenues of €322 Million, Outperforming Full-Year Guidance by 6% - Strong Start into 2024

Key Points: 
  • MGI – Media and Games Invest SE Reports Significant Organic Growth of 16% in Q4 2023 Resulting in FY 2023 Revenues of €322 Million, Outperforming Full-Year Guidance by 6% - Strong Start into 2024
    MGI – Media and Games Invest SE Reports Significant Organic Growth of 16% in Q4 2023 Resulting in FY 2023 Revenues of €322 Million, Outperforming Full-Year Guidance by 6% - Strong Start into 2024
    Net Revenues increased by 6% to 98.7 mEUR in Q4 2023 (Q4 2022: 92.9 mEUR)
    Adj.
  • “I am pleased to announce that MGI has delivered 16% organic growth in the fourth quarter of 2023.
  • The first three quarters of 2023 delivered only single digit organic growth due to the challenges posed by the general economic climate.
  • The Year End Report Q4 2023 is available on MGI’s corporate website at https://www.mgi-se.com/investor-relations/financial-reports-and-presenta... in the Investor Relations section.

SWEF: January 2024 NAV

Retrieved on: 
Wednesday, March 13, 2024
NAV, Movement, FX

(4) Operating Income available to distribute comprises loan income recognised in the period less the cost of debt facilities utilised by the Group and operating costs incurred.

Key Points: 
  • (4) Operating Income available to distribute comprises loan income recognised in the period less the cost of debt facilities utilised by the Group and operating costs incurred.
  • (5) Unrealised foreign exchange gain/losses relate to the net impact of changes in the valuation of foreign exchange hedges and the sterling equivalent value of Euro loan investments (using the applicable month end rate).
  • Mismatches between the hedge valuations and the loan investments may occur depending on the shape of the forward FX curve and this causes some movement in the NAV.
  • These unrealised FX gains / losses are not considered part of distributable reserves.

EQS-News: Iute Group reports unaudited results for 12M/2023 – Efforts to improve quality lead the quantity considerations in 2023

Retrieved on: 
Wednesday, March 13, 2024
ATM, Acquisition, Growth, Loan, EUR, Consolidated, Equity, Interest, LTM, Insurance, Heart, DNA, Environment, FX, Lithium

Iute Group, a leading European personal finance group, reported today unaudited results for 12M/2023.

Key Points: 
  • Iute Group, a leading European personal finance group, reported today unaudited results for 12M/2023.
  • Our strategic endeavors were successful: Iute Group achieved growth and profit, while the focus remained heavily on modus operandi with quality being more important than quantity in 2023.
  • In this context, Macedonia unexpectedly imposed a one-off solidarity tax on national TOP100 companies, which burdened Iute Group with 1.4 million EUR in Q4 2023.
  • As progress stems from change, we are convinced that the best of Iute Group lies ahead of us as we transform," said Tarmo Sild, CEO of Iute Group.