Category Archives: Finance

Crypto Finance Group: Why Every Bank Will Need a Crypto Asset Strategy

ZURICH, Feb. 15, 2021 /PRNewswire/ —

We live in an age of digital disruption that has accelerated over the last year. Central banks are unleashing record levels of monetary stimulus, while technology continues to rapidly reshape our global economy. It has shown us that conventional thinking will not bring the answers for what lies ahead. In the midst of this change, crypto assets are emerging as a ‘safe-haven’ asset for institutional investors looking for alternative stores of value for their investment portfolios. Continue reading

29Jan/21

Gemini research reveals 2 in 5 crypto investors in the UK are women

National survey finds 13.5% of UK population are current or previous investors in digital assets, up 152% from previous studies

LONDON, Jan. 29, 2021 /PRNewswire/ — New data from Gemini, the cryptocurrency exchange and custodian, presents the demographic profile of existing and potential crypto investors in the UK market. The results of a nationally representative survey of 2,000 respondents challenge certain long-held stereotypes about consumer engagement with digital assets, while reinforcing other past research. Continue reading

13Dec/20

Xoom, a PayPal service, announces secure money transfers to mobile wallets in 12 countries in Africa

Xoom, PayPal’s money transfer service, announced that the company’s customers in the US, UK, Canada and Europe can now send secure and convenient money transfers directly to mobile wallets in key markets across Africa with a focus on the underbanked segment. This new service expands the company’s offering to send money to mobile wallets in Burundi, Cameroon, Ghana, Kenya, Madagascar, Malawi, Mozambique, Rwanda, Tanzania, Uganda, Zambia, and Zimbabwe—with plans to include more markets in 2021. Read more

11Oct/20

Competentia announces acquisition of Dare, significantly expanding footprint in the Asia Pacific region

Competentia, the global recruiting and workforce management specialist, today announced the acquisition of Dare, a leading professional recruitment and contract staffing agency with a 30 year history, expanding the company’s footprint in the Asia Pacific region. The acquisition sees Competentia add Singapore to its expanding list of global office locations. Read more

28Sep/20

Payments Platform Wirex Reaches Target for First Crowdfund in 1 and a Half Hours

After opening a private allocation for their crowdfunding campaign only 25 mins before, leading payments platform Wirex has reached their target of raising £1 million in less than 1 and a half hours. With over £1.3 million already raised, Wirex has been pushed into overfunding, and will remain open to give the community the opportunity to invest further as they enter the next phase of their fundraising campaign with Crowdcube. Read more

21Sep/20

Trust Payments partners with Wakanda Messenger to empower Africans around the world

Trust Payments, the global unified payments group for global pay-in, pay-out and customer journey technologies, has partnered with social network, messaging and e-commerce startup Wakanda Messenger to provide the payments element for their online marketplace and money remittance service. Wakanda Messenger, developed by Kemit Kingdom, will be widely available on iPhone and Android from 15 October 2020. It has already launched its Beta app in Africa and Europe to a selected audience of 20,000 trial users. Read more

07Sep/20

Caribbean Thrive as the Best for Citizenship by Investment, New 2020 CBI Index Finds

On September 7th, Professional Wealth Management (PWM) magazine, a publication from the Financial Times, released the fourth edition of its annual report: ‘A Guide to Global Citizenship: The 2020 CBI Index’. It evaluates all active citizenship by investment (CBI) programmes in the world and ranks them against nine pillars deemed most important to individuals seeking second citizenship by means of investment. Read more

07Sep/20

Learning is Earning: Bithumb Global’s Visionary Aim Behind BG Learning

Keeping in sync with its drive for change, Bithumb Global has launched BG Learning—a platform that aims to enable new investors to learn more about specific projects before investing in them. To spice up the entire process, the platform has introduced a reward system that incentivizes participants with project tokens for their progress. With BG Learning, the platform has yet again proven its penchant for making blockchain easier and more lucrative for those who want to invest in it but are always held back due to the lack of knowledge. It is filling this gap now through the BG Learning platform which would reward users for learning. Read more

25Aug/20

New smart money app sync. launches to compete with major challenger banks across Europe

sync. is aiming to become the first digital smart open banking app offering their easy-to-use financial services across Europe, promising to manage every aspect of a user’s financial life in one place.

sync. was created out of frustration with traditional banks and the niche offering of new challenger banks that are not responding to all the needs of the end customer. Read more