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Remittix (RTX) is revolutionizing cross-border payments by enabling users to convert over 40 cryptocurrencies into fiat and transfer it to any global bank account. With a focus on simplicity, affordability, and transparency, it eliminates hidden fees and middlemen, making it an attractive option for unbanked individuals. The platform also allows businesses to integrate its Pay API, facilitating cryptocurrency payments while providing merchants control over cashing out in multiple fiat currencies.
Solana has surged over 10,000% since 2020, becoming a top cryptocurrency. Analysts are now highlighting Remittix (RTX), a DeFi altcoin poised to capitalize on the $250 trillion cross-border payment market, with predictions of up to 100x growth by the end of the bull market. Remittix offers instant crypto-to-fiat transactions, aiming to disrupt traditional payment systems.
British fintech firm Wise reported a 55% profit increase in the first half of its 2025 fiscal year, reaching £217.3 million, driven by a 25% rise in active customers to 11.4 million. Revenues climbed 19% year-on-year to £591.9 million, although the company anticipates a reduction in profit margins due to pricing investments. CEO Kristo Käärmann faced a £350,000 fine from the Financial Conduct Authority for tax filing issues.
Standard Chartered Plc is set to enhance its foreign exchange services in Asia and the Middle East by partnering with Wise Plc. The collaboration will integrate Wise’s payments platform, enabling multi-currency money transfers in 21 currencies over the coming months, according to Steve Naudé, managing director of Wise Platform.
The Financial Conduct Authority has fined Wise Plc CEO Kristo Käärmann £350,000 for failing to inform the regulator about significant tax issues. This follows a £365,651 fine he paid to HM Revenue & Customs in February 2021, after which he was listed as a tax defaulter by HMRC.
Klarna has emerged as the leading fintech unicorn in Europe for spawning new startups, with 62 companies founded by its alumni, surpassing rivals like Revolut and Wise. Despite recent layoffs and a hiring freeze, Klarna's size and innovative work culture position it as a fertile ground for entrepreneurial talent. The trend reflects a broader "flywheel effect" in Europe's fintech sector, where experienced professionals are increasingly launching their own ventures.
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MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

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