Multibank.io is a new arm of the Multibank group. Kim was previously Head of Derivatives at crypto prime brokerage firm Falcon X.

Revolut already has close to 1m customers in Switzerland but until now it has acted more like an e-payments firm, as it did previously in the UK.

IQ Option launched the offering at least 12 months ago. The brokerage firm is one of several major players to have set up a prop offering.

FXPesa has opened an education centre in Dar Es Salaam. It seems to be run in conjunction with a local IB and education provider.

26 Degrees launched pairs trading earlier this year. The new products allow firms to trade gold against indices and the price of oil.