Payoneer goes public on Nasdaq with $1 billion market cap

Payoneer

Payoneer goes public on Nasdaq with $1 billion market cap  The payment provider, Payoneer, went public on the Nasdaq stock exchange on Monday after a merger with a special purpose acquisition company (SPAC).  Payoneer first announced its planned merger with an already publicly traded SPAC company, FTAC Olympus Acquisition Corp., back on February 3, 2021, in a deal worth $3.3 billion.   On Monday, both companies announced that the merger was finalized and Payoneer went […]

Is there an upside to the crypto crash?

Is there an upside to the crypto crash

Is there an upside to the crypto crash? ‘Volatility is what makes trading crypto so exciting’, says CMTrading’s Daniel Kibel    ‘It’s a market that has huge highs and tremendous lows,’ says. CMTrading’s Daniel Kibel as he shares his thoughts on the cryptocurrency market.   The cryptocurrency market reached record highs and suffered a disastrous retraction in April 2021 when Bitcoin reached a record of $63,000 only […]

Cashing in on COVID-19: The world gained 5.2m millionaires

Cashing in on COVID-19: The world gained 5.2m millionaires

Cashing in on COVID-19: The world gained 5.2m millionaires – Find out which country produced the most six-figure earners!   The world’s wealthiest saw a substantial increase in their finances, with more than 5.2million joining the elite “millionaire” club. Find out which countries produced the most millionaires!  The impact of the pandemic saw personal wealth, particularly for the world’s poorest, decline during the […]

South Africa in lockdown: ‘Level 4’ a speed bump on the road to economic recovery

Lockdown in SA

South Africa in lockdown: ‘Level 4’ a speed bump on the road to economic recovery    Poor market sentiment decreased production… we look at how South Africa’s move to a higher level of lockdown will affect its economy.     Despite global vaccine rollouts, the world remains in the grip of COVID-19 with many countries experiencing a […]