With the continuous fanfare with bitcoin and alternative investments, this author on Forbes believes the following five reasons are why alternative investments are possibly becoming popular: “Many investors are tired of hair-raising market volatility.” On the other hand, alternative investments are usually known to be uncorrelated with the market. “Equities remain expensive, and forecasted future … Read More
According to a recently published article from LendIt Fintech, they brought to attention the three trends that have changed in the fintech space due to Covid-19: Digital payments and disbursements are boosting speed and convenience. Mobile methods of bill payment are gaining traction. New payment technology is enhancing customer engagement. To read more in-depth … Read More
Over a year has passed since countries closed their borders and went into lockdown as the pandemic affected everyday lives for many. In this Altfi article, it highlights the achievements in the fintech industry over the past year. To read the article, click here.
Special purpose acquisition companies (SPACs) have started to gain more traction as more fintech companies go public last year and this year. Challenger bank MoneyLion is planning to go public via blank-check merger in $2.9 billion deal. SPACs raises capital through an IPO to acquire an existing private company without going through the typical IPO … Read More