News

On Monday 28th February, US-based payments technology firm Sezzle was acquired by Zip, an Australian financial technology firm. The deal values Sezzle at 355 million USD, which represents a 22% premium compared to the Australian Securities Exchange (ASX) listed shares previous to the announcement. The transaction has been approved unanimously by the boards of the…

Many major western oil companies are set to undergo record-breaking share buybacks to take advantage of the soaring oil and gas prices that are currently present. This is to boost return on investment for shareholders after a period of underperformance as a result of the COVID-19 pandemic. Oil prices have recently surpassed the $100 a…

Founded in 2015, Singaporean-based Funding Societies completed their Series C+ funding round on the 15th February 2022, raising over 144 million USD. This was led by the Softbank Vision Fund 2 and included existing investors such as Sequoia Capital as well as new investors such as VNG Corporation, EDBI and K3 Ventures. The firm also…

Meta Platforms Inc. has been at the centrepiece of discussion for FinTech and Crypto since it announced rebranding in October 2021. The potential and excitement surrounding the Metaverse have spilt over to many large names such as Disney, Adidas and even JP Morgan, all exploring the possibilities of the Metaverse. Metaverse Cryptocurrencies have also received…

Airbus, a leader in the aviation industry, have recently announced a partnership with French hydrogen specialists Safron, and General Electric (GE), the US energy conglomerate. Hydrogen-based energy has taken the spotlight in the decarbonisation of air transport, and Airbus have begun to initiate a ‘green transformation’. This has been caused by increasingly stringent emissions regulations,…

In comments made at The Paris Finance Summit on 10-11 February, the French Economy & Finance Minister Bruno Le Maire expressed his continued desire for reform of the EU’s fiscal rules, echoing President Emmanuel Macron’s comments two months prior. The EU’s fiscal rules, known as The European Union Stability and Growth Pact, are a set…

Unilever is a multinational consumer goods corporation headquartered in the UK. Through its subsidiaries, the company has made a name for itself by manufacturing and selling beauty products, foods, refreshments, and a range of home care products. The multinational company has grown because it acquired well-known brands such as Ben & Jerry’s, Dove, Vaseline and…

As Storm Eunice ravages Great Britain, American investors are paradoxically finding shelter in the calmer British stock market. The UK stock market is not usually a cause for excitement; however, it is this very feature that is attracting foreign investors. The global stock markets, especially American in this case, are particularly volatile with inflation scares.…

BlockFi Lending LLC (BlockFi) is a centralized crypto lending platform whereby assets are held on the BlockFi platform as opposed to any DeFi (decentralized finance) protocol. Crypto lending platforms operate via the protocol that users receive loans in FIAT currency using their cryptocurrency as collateral, paying the lender crypto dividends. BlockFi interest accounts (BIA’s) have…

The significant economic repercussions of the ongoing Russia-Ukraine conflict on the global economy are undisputed. The numerous threats of sanctions would cripple Russia’s economy by targeting the nation’s financial and energy sectors and yet, by extension, would also severely impact the rest of the world. This includes the proposed sanction of expelling the nation from…