Latest news by Rick Steves
Ryft’s £20m Series B targets a Malta licence and US entry
Ryft has raised £20 million in a Series B round led by Gresham House Ventures, and the most consequential line in the announcement is not the money — it is the licence application sitting behind…
Acting as principal becomes an FCA permission, not an entitlement
HM Treasury is proposing to turn the act of being a principal into a discrete FCA permission, and to let the Financial Ombudsman Service reach an appointed representative directly in the narrow cases where section…
CFTC’s 4.13(a)(4) revival exempts SEC advisers, not ERAs
The Commodity Futures Trading Commission (CFTC) has proposed bringing back Regulation 4.13(a)(4), the exemption it scrapped in 2012, but only for advisers registered with the Securities and Exchange Commission (SEC). Exempt reporting advisers, family offices…
ETFBOOK raises $13m to take ETF data into the US and Apac
Zurich-based ETF data specialist ETFBOOK has raised $13 million in a round led by Expedition Growth Capital, with existing investor BlackFin Capital Partners following on, to take its exchange-traded fund (ETF) data platform from Europe…
Saudi fintech Tabby raises $233m at a $6.5bn valuation
Tabby, the Saudi-headquartered consumer finance company, has raised $233 million at a $6.5 billion valuation in a Series F led by existing backer Blue Pool Capital. The most instructive number in the deal is not…
Tickblaze enters FPFX Tech stack for futures, FX and CFD prop firms
Tickblaze has entered FPFX Tech's proprietary trading stack as an execution layer, under a business-to-business (B2B) partnership announced on September 15, 2026 that places the multi-asset platform alongside the account and rules engine FPFX runs…
Odey ruling: sacking your own ExCo is itself the integrity breach
The Upper Tribunal has upheld the Financial Conduct Authority's prohibition of Crispin Odey, holding that his removal of Odey Asset Management's executive committee to stall his own disciplinary hearing was itself a failure of integrity…
YouLend and Dojo hit £2bn in SME funding as 83% renew
YouLend and Dojo have now extended more than £2 billion in embedded finance to UK small and medium-sized enterprises (SMEs), the two companies announced on September 14, 2026. Read against the pair's £1 billion announcement…
SEC order 34-106339 drops Inline XBRL from broker-dealer audits
The Securities and Exchange Commission (SEC) has exempted broker-dealer annual reports, Form 17-H risk-assessment filings and security-based swap dealers' compliance reports from its Inline XBRL tagging mandate before a single tagged filing fell due, keeping…
Chime to buy partner Stride Bank for $590m in cash
The Chime Stride Bank acquisition announced on September 8, 2026 is being read as a fintech finally buying a charter. The filings describe something narrower. Chime Financial is paying $590 million in cash for a…