Tag Archives: Economy

20Jun/23

Anyone.com unveils new mortgage model, unleashing the transformative potential of a more inclusive path to homeownership for millions of people

June 20, 2023FinanceAcademic disciplines, Affordable housing, Affordable housing in Canada, Economic geography, Economic inequality, Economy, Loans, Mortgage industry of the United States, Mortgage loanadmin

In response to the global housing affordability crisis, Anyone.com today unveiled a groundbreaking solution that aims to redefine the future of the housing market: The Anyone Mortgage. This novel model, designed to bridge the ever-widening gap between income stagnation and skyrocketing house prices, promises to make homeownership accessible again, especially for the often currently neglected demographic of first-time buyers and lower-income households. Continue reading

20Jun/23

Africa is not a jungle, it’s an innovation hub

June 20, 2023InnovationAngelHub, Business incubators, Economy, Entrepreneurship, Finance, Financial technology, Fintech, Fintech awards, Ghana, Google for Startups, Kigali, LINKEDIN, Money, Nigeria, Private equity, Rwanda, Senegal, Startup company, Unicorn, United States, Varun Mittal, Venture capital, Zambiaadmin

June 20, 2023 /Business/ — Africa is the second-most populous continent in the world, with over 1.3 billion people. The continent’s economy is also growing rapidly, with an average annual growth rate of 5.5%. This means that there is a huge potential market for African startups. Africa is a continent with a lot of diversity, both in terms of its people and its economies. This can present both challenges and opportunities for businesses. However, the opportunities are significant, and there are a number of government initiatives in place to support innovation. Continue reading →

19Jun/23

US regulators continue crypto crackdown – but here’s why the latest charges are different

June 19, 2023FinanceAndrew Urquhart, Binance, Bitcoin, Blockchain, Cayman Islands, Changpeng Zhao, Coinbase, Coinbase Global Inc, Creative Commons, Cryptocurrencies, Cryptocurrency bubble, Cryptocurrency exchange, Economy, Finance, Gary Gensler, Howey, Initial coin offering, Money, Ripple, Ripple Labs, Shutterstock Global, United Kingdom, United Statesadmin

Andrew Urquhart, University of Reading

The US Securities and Exchange Commission (SEC) sued the cryptocurrency platform Coinbase shortly after launching a lawsuit against the world’s largest cryptocurrency exchange, Binance.

This isn’t the first time Binance and Coinbase have caught the SEC’s attention – it’s not even the first time this year. But the latest charges are much more serious, including accusations that the exchanges are operating without the correct registration.

Continue reading →

19Jun/23

Moniepoint Empowers Nigeria’s Underbanked Businesses With Financial Services Enabled by Google Cloud

June 19, 2023FinanceBank, Business, Economy, Financial services, Microfinance, Nigeria, Small and medium-sized enterprises, Underbankedadmin

Google Cloud announced today a new collaboration with Moniepoint, an Africa-focused business banking platform that provides financial services to Nigeria’s underbanked businesses residing in remote areas and communities. The collaboration makes financial services accessible at scale to millions of small and medium sized enterprises (SMEs) by bridging the banking gap in suburban locations. Continue reading

06Jun/23

Flutterwave and Token.io Team Up to Provide Pay By Bank Transfer to Users in UK and EU

June 6, 2023FinanceAmsterdam, Economy, Finance, Financial technology, Mobile payments, Money, Online payments, PayMe, Paymentadmin

Flutterwave, Africa’s leading payments technology company, has collaborated with Token.io, Europe’s leading account-to-account (A2A) payment infrastructure provider, to power Pay By Bank transfer capabilities for Flutterwave’s platform. The announcement was made today at the Money20/20 Europe fintech conference in Amsterdam. Continue reading

05Jun/23

Universal basic income trial in UK

June 5, 2023FinanceArticles, Basic income, Basic income in India, Canada, Economy, Finland, Income distribution, Kenya, London, Market socialism, Social security, Ubi, United Kingdomadmin

June 5, 2023 /Finance/ — There is a universal basic income (UBI) trial being conducted in the UK. The trial is being led by the Welsh Government and is being funded by the UK government. The trial began in September 2021 and will run for three years.

The trial started in September 2021, and it is scheduled to run for three years. The trial is being conducted in two parts: Continue reading →

04Jun/23

AWS announces the 25 startups selected for its first ‘fintech in Africa’ accelerator

June 4, 2023InnovationAmazon Web Services, Cloud infrastructure, Computing, Digital technology, Economy, Financial technology, Mentorships, Mumbai Fintech Hub, Startupbootcamp, Web hostingadmin

25 African fintech startups have been selected for the inaugural Amazon Web Services (AWS) FinTech Africa Accelerator cohort. This cohort was selected from over 500 applications and is part of the EMEA Startup Loft Accelerator (SLA) program run by AWS. Continue reading

30May/23

InnoVEX 2023 Gathers Startups From 22 Countries Demonstrating Endless Possibilities

May 30, 2023Innovation5G, Articles, Belgium, Brazil, Computex, Economy, France, Internet of things, Israel, Italy, Japan, Netherlands, Poland, Startup company, Taipei, Technology, XRadmin

The InnoVEX exhibit for startups at COMPUTEX 2023 will be held at Taipei Nangang Exhibition Hall 2 from May 30 to June 2. As a global platform for startups, InnoVEX 2023 will integrate 5G, AIoT, healthcare technology, metaverse and XR, electric vehicles and smart mobility, green technology, and other innovative solutions. A total of 400 participating startup teams from 22 countries and 8 pavilion countries, including France, Belgium, Italy, the Netherlands, Poland, Japan, Brazil, and Israel, will showcase diverse creativity. Continue reading

12May/23

Tsunami of taxes

May 12, 2023MediaArticles, Bill, Countries, Crypto, Cryptocurrency, Economy, Kenya, Kim, Non-fungible token, Odinga, Raila Odinga, Tax, Withholding taxadmin

By Kim Harrisberg | South Africa correspondent

Kenyan influencers’ popularity may soon be costing them, with the government recently proposing new taxes targeting the digital economy, including for content creators.

Under the Finance Bill 2023, multiple amendments aim to grow the government’s tax base which has seen substantial deficits resulting in even government salaries being delayed. Continue reading →

08May/23

How bartenders get revenge on bad tippers

May 8, 2023Food and DrinkArticles, Bartender, Business, Economy, Gratuity, Tippingadmin

Bartenders are often underpaid, and they rely on tips to make a living. When customers do not tip well, it can be frustrating for bartenders. Some bartenders may take revenge on bad tippers by doing things like: Continue reading →