Young investors are flooding into bitcoin in the pandemic, while the older generation can’t get enough of gold, a team of JPMorgan analysts said
JPMorgan analysts report that older investors are more inclined towards gold, while young investors are flocking to bitcoin.
Splitit raises $100 million to tap US, UK boom
Splitit’s CEO Brad Paterson says the company’s $100 million capital raising will support a major marketing push in the US and UK.
SelfWealth awards brokerage mandate
ASX-listed trading platform SelfWealth has renewed its clearing, settlement and execution mandate with retail broker OpenMarkets.
Payments group Splitit joins the raisers
Payments group Splitit are expecting to raise about $50 million in an upcoming equity raising.
How robo-advice is changing investing
According to Recep III Peker of research house Investment Trends, the growth in robo-advice products has contributed to a spike in investing.
US fintech to acquire OnDeck
US fintech company Enova has announced that it is to acquire SME lender OnDeck in a transaction valued at approximately US$90 million.
CBA appoints fintech partners to deliver new digital banking services
Commonwealth Bank of Australia has partnered with Square Peg and Zetta Venture Partners to offer new digital banking services to its 15 million customers.
Bitcoin vs. Gold – Is Bitcoin the digital gold?
This term mining is used because of Bitcoin’s similarity to gold, as both are scarce goods that cannot be produced by humans, only extracted.
