An online financial services start-up, Wealthfront, has squarely and unashamedly targeted Millennial wallets and raised$64 million last month. That’s on top of $35 million that venture firms plowed into the company earlier this year.
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Fintech’s investment has tripled to $12.21 billion in the past year, according to Accenture’s 2015 report. Recent Jobs Act legislation is fueling this trend, with deregulation of crowdfunding leading the surge of investments from retail and institutional participants.
Artists have been at odds with streaming music services over the royalties they receive since Spotify arrived on the scene in 2011. And now that Apple Music has entered the music streaming wars, the question of how much each music service pays artists is as rife as ever. But without a clear explanation of who’s paying […]
Something unprecedented happened following the Enron Scandal in October of 2001. Although for a short period, for the first time in its modern history the global audit industry lost its most precious asset: public trust.
Syrian activist group claims that the Islamic State of Iraq and the Levant (Isil) have begun minting their own “Islamic dinar” coins. Pictures posted on social media showed a series of gold sovereigns bearing Isil inscriptions, and with a reported value of one gold dinar being with $139 (£89).
All of the venture capitalists that are worth more than $1 billion are all men. Most of these men have invested in Groupon, LinkedIn, Skype, YouTube, Paypal, Facebook and others. Chances are, you are legally barred from joining their exclusive investors’ club.
What do you think of Bitcoin? My answer is usually the same: ”It’s intellectually interesting, but not really practical.”
The new government in Finland has committed to a Basic Income experiment as part of its program for government which was published in May. The commitment consists of one line: ‘Implement a Basic Income experiment’, in the ‘Health and Welfare’ section of the program.
In the near future, banks will no longer be on street corners or housed in high-rise towers, they will be in our pockets or on our wrists.
Many industries will undergo big change in the coming years, including finance. We will probably see a fraction of the old guard displaced by energetic new upstarts. But which ones?