Clean-check firm Northern Star Funding Company II (NYSE: NSTB) introduced that Apex Fintech Options LLC, a business-to-business platform that powers innovation in fintech, investing and wealth administration, reported its outcomes for the primary quarter of 2021.
What To Know: Based in 2012, Apex provides a full suite of custody, clearing, and API options that allow monetary providers corporations to shortly launch and scale.
In a transfer to disrupt banking, investing, lending and insurance coverage, in addition to monetary administration, Apex entered right into a merger with Northern Star, to grow to be a public firm listed below ticker APX, on the New York Inventory Trade.
For the reason that announcement, the corporate reported its earnings outcomes.
In brief, Apex noticed its complete buyer accounts develop by 85% to 14.4 million and buyer trades elevated 183% year-over-year to $235.5 million. Moreover, web income ended at $145.9 million whereas web revenue