Category: Analysis
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U.S. Government Debt: Interest Payments Rivaling Military Expenditure!
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The United States, known for its robust economy and military prowess, is facing a financial conundrum that has raised eyebrows across the globe. Recent data suggests that the interest payments on the national debt have reached levels comparable to the country’s military spending. But what does this mean for the…
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The Ripple Crypto Case: Why The SEC Can’t Win!
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The U.S. Securities and Exchange Commission (SEC) does not have good cards to win in court with its charges against Ripple. At least, this is the opinion of attorney Jeremy Hogan, who has been watching the process from the beginning and regularly assesses how the proceedings are going.
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3.2 Billion Euros Per Quarter – FinTech Funding Volume Remains At Surprisingly High Level!
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In the third quarter of 2022, European financial startups raised around EUR 3.2 billion. This is far below the same quarter last year but is still significantly more than in previous years. Layoff waves, burst financing rounds, and also several insolvencies – the mood in the fintech sector is particularly…
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McKinsey Expects Fintech Sales In Africa To Increase Eightfold Until 2025!
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According to McKinsey & Co, revenues for African financial technology companies could rise to $30.3 billion by 2025 – eight times higher than in 2020 – as a growing, young, underbanked population gains more access to the Internet. Financial services revenues in Ghana and Francophone West Africa will grow fastest,…