Just $82 will buy you a slice of this Perth house
A Perth house is going on sale, with investors able to buy a small bit of it for just $82. Australian fintech BrickX buys up investment properties and allows investors to purchase a slice of them by dividing it into small units called “Bricks”. While the idea, dubbed fractional real estate investment, is not new, Sydney-based BrickX took it to retail investors in 2015 at the height of Australia’s property boom when many ordinary folks were priced out of the market. The startup already has properties in Sydney, Melbourne, Ballarat and Adelaide — but this is the first time it has ventured into the Perth market. “It’s no secret that […]
How Blockchain crowdfunding could soon kill off the ICO
The words Blockchain and ICO might go together like sausage and mash but there’s a good reason, it generated nearly $8 billion in funds raised in 2018. Impressive but still only a tiny fraction of the global crowdfunding industry and already this year we’re seeing a sharp decline. Whereas in the traditional crowdfunding arena the odds are better, the industry is expected to hit $300 billion by 2025, with over $34 billion raised to date. Besides the staggering money raised, crowdfunding promotes product innovation, provides access to capital to founders, and leads to job creation. However, there are downsides in the industry. It is reported that nearly 78% of all crowdfunding campaigns fail to […]
Five Steps to Being a Confident and Smart Bitcoin Investor
The crypto-economy may seem like a dangerous place with little to no guarantees and many traps one can potentially fall into, but that’s actually not true at all. Everyone can choose what kind of investor they want to be and how much risk they’re willing to accept. In this article, we explain how you can become a confident and smart Bitcoin investor in just a few simple steps to give you an early start on your cryptocurrency journey. To read all about it, please click on the link below… Source: Digital Surge – Five Steps to Being a Confident and Smart Bitcoin Investor
Peppermint collaborates with BancNet on Mobile Banking
Peppermint Innovation Ltd (ASX:PIL) advises it has teamed up with BancNet to provide their mobile banking technology and services that facilitate electronic fund transfers (EFT’s) in real time to BancNet member outsourcing banks. BancNet is the Philippines single Automated Teller Machines (ATM) switch operator connecting the networks of local and offshore banks. It is a multi-bank, multi-channel electronic payments network that enables its members’ customers to transact not only at ATM but also at point- of- sale (POS) terminals, the Internet and mobile phones. BancNet is the largest interbank network in the Philippines serving ATM cardholders of its 114 members and affiliates with circa 20,000 ATMs and more than 5,000 […]
What is micro-investing and is it worth exploring?
Back in the day, if you were looking to save up your spare change, you’d look to the ol’ faithful piggy bank. But, nowadays, as cash is slowly becoming obsolete, some are turning to micro-investing as the modern-day answer to the piggy bank. And with micro-investing apps, not only can you save up your chump change but you can invest it. How does micro-investing work? Micro-investing is about making small and irregular investments from everyday transactions. Micro-investing apps round-up your purchases to invest your spare change. For example, a large cappuccino at $4.50 will be rounded-up to $5 and the 50 cents would then be invested. Depending on how frequently […]
Square and MYOB team up to help small businesses
From today, global payments provider Square is teaming up with MYOB, one of Australia’s leading providers of online accounting solutions, to help time-poor business owners better manage their payments. The new partnership will completely automate the payment process for business owners, ensuring they no longer have to waste time manually rekeying their sales or customer data, making reconciling accounts easier than ever. The comprehensive integration will enable transaction data processed via Square’s payment platform to move simply and securely through to the business owner’s MYOB account. It will allow business owners to easily reconcile their sales in a number of different ways, including: by product or category, by store location, […]
JPMorgan Chase to create digital coin using blockchain
JPMorgan Chase plans to launch its own digital coin, called “JPM Coin”, that customers will be able to use for instant transfer of payments over a blockchain network. The largest US bank by assets said customers, on depositing money at the bank, will be issued the cryptocurrency that can be used for transactions over the network with other JPMorgan clients. The coin can be redeemed for a US dollar, so its value will largely remain stable, the bank said. When one client sends money to another over the blockchain, JPM Coins are transferred and instantaneously redeemed for the equivalent amount of US dollars, reducing the typical settlement time, the bank […]
Valentine’s Day for start-ups: The perils of dating the co-founder
Aleks Svetski and Chantelle de la Rey, co-founders of digital currency exchange Amber, observe a rule: they don’t call each other babe at work. The pair had been dating for four months when they founded their company in late 2017. While scaling the business in a highly volatile market, the couple agreed to a series of measures – from keeping Sundays work-free to separating how they communicate at work and home – to protect their fledgling relationship. “These things are never smooth. We’re in a relationship and on a crusade to help more people get access to bitcoin,” Mr Svetski said. Amber, which swaps spare change from daily purchases to […]
