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Chipper Cash's Restructuring With Recent Layoffs: Navigating Global Fintech Challenges
African fintech startup Chipper Cash has recently executed its third round of layoffs within a year, affecting key positions, including the Chief Operating Officer (COO). The company implemented these...
SVB Collapse Spurs African Startups to Turn to London-based Fintech Startup Verto
On the 10th of march, 2023, Silicon Valley Bank announced its closure making it the second largest bank collapse in the history of the United States and the first since the 2008.Following this r...
Can First Republic bank survive?
First republic bank share has sold off by a lot in the past days since the bank run news broke out. Just like SVB, the Silicon Valley bank that is facing bankruptcy due to a bank run, FRC is also stru...
First Citizens Bank Acquires Large Portion of Silicon Valley Bank's Assets at a Discount
In a major financial move, First Citizens Bank has acquired a substantial chunk of Silicon Valley Bank's assets at a discount. The deal, which is estimated to be worth around $72 billion, has extensiv...
Want to Buy Gold? Its New Price May Shock You
Gold prices are expected to hit a new all-time high of $2600 in 2023, compared to $2075 in 2020 as reported by CNBC. Here is what you need to know about this precious mineral, its current price, and w...