Finance
Africa Crypto Markets Require Special Look at Custody
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Bitcoin is new gold for millennials, Wharton finance professor says
Bitcoin (BTC), the world’s most-valued cryptocurrency, has replaced gold as an inflation hedge for young investors, according to Wharton’s finance professor. Gold’s performance was “disappointing” in 2021, Wharton School finance professor Jeremy Siegel said in a CNBC Squawk Box interview on Friday. On the other hand, BTC has been increasingly emerging as an inflation hedge among younger investors, Siegel argued: “Let’s face the fact, I think Bitcoin as an inflation hedge in the minds of many of the younger investors has replaced gold. Digital coins are the new gold for the Millennials. I think that the story of gold is a fact that the young generation is regarding Bitcoin as the substitute.” Siegel also reminded that older generations witnessed how gold had soared during the inflation...
Elevating Digital Payments For a Cashless Future in Africa
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Cash Payments Platform Enters 12 New African Markets
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What Is Eldridge Industries? A Primer on Sony’s Springsteen Partner
Bruce Springsteen’s blockbuster catalog sale to Sony Music Group this week also established a new player in rights acquisitions. Investment firm Eldridge Industries, which partnered with Sony to finance the purchase of Springsteen’s publishing, now holds a stake one of the industry’s most coveted catalogs — around which it can build an attractive portfolio. Eldridge Industries is a private investment firm with holdings in tech, media, retail, entertainment and other sectors. Co-founded in 2015 by Todd Boehly, a former president at Guggenheim Partners, Eldridge investments include the Los Angeles Dodgers baseball team, sports gambling company DraftKings, private jet provider Flexjet and personal finance app Truebill, among others. Eldridge owns a stake in P-MRC, a joint venture of MRC and P...
Bboxx launches cash loan pilot in Kenya
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Nokia and UN Women enable financial independence for survivors of gender-based violence in South Africa
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SaaS banking platform Mambu raises €235 million
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The Top 5 Most Impactful African Fintechs of 2021
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Carry1st Partners with Chipper Cash & PayPal For Digital Payments Across Africa
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Could These Smart Drive-Thrus Help SA Restaurants Succeed Post-Pandemic?
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How SA’s E-Commerce Market is Maturing According to Black Friday Data
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