This week on Finovate Global we’re taking a look at some recent fintech developments in Canada. On the fundraising front, embedded wealth management platform OneVest announced a $3.9 million (CAD $5 million) seed funding round this week. The investment was led by Luge Capital and takes the Canadian fintech’s total funding to $5.5 million (CAD Read more...
The Indian Ayurvedic market was one of the industries that seemed to be thriving during the pandemic. Dabur India reported more than 50% of growth in its Ayurveda business during the Q2 last year (1, 2). A report published by Kantar estimated that the immunity segment, including products like herbal tea, chyawanprash, and honey, saw 38% […]
XAUUSD, H4 Gold prices rose slightly this week, amid ongoing actions and talks related to the Russia-Ukraine war. The week started with a phone call between US President Biden and the President of France. The German Chancellor, Italian Prime Minister and British Prime Minister will travel to Brussels for a meeting with NATO allies on […]
On Monday, a China Eastern Airlines Boeing 737 carrying 132 people crashed in the hills of southern China, the country’s biggest aircraft tragedy in more than a decade. President Xi Jinping of China has ordered “all-out rescue operations” for survivors […]
As nations worldwide continue to sanction Russia in condemnation of their invasion of Ukraine, companies have now joined the movement to exclude the Russian government — and sometimes Russians— from their list of clients. Some of these companies have decided to ban them as a recommendation to the international sanction provisions from The Office […]
ABC News reports that some of Israel’s former leaders have left their previous careers to instead pursue new jobs in cannabis. Ehud Olmert, a former prime minister in Israel, is now one of them: he is trying to push the legalization of cannabis in the country. “Everything will change dramatically overnight if there will be legalization,” Olmert said to the Associated Press. He believes that “the market would be unlimited. It would be huge,” he said.
Ukraine’s Ministry of Digital Transformation announced that the country has officially legalized cryptocurrencies after President Volodymyr Zelenskyy signed the new bill “On Virtual Assets” into law on March 16th.
President Volodymyr Zelensky of Ukraine has officially signed into law the structure upon which Ukraine will build bitcoin and other cryptocurrency markets, legalizing the emerging market in a way that is “bringing the crypto sector out of the shadows,” according to a translated press release from the Ministry and Committee for Digital Transformation […]
Japanese Prime Minister Kishida prices are rising but
causing some problems such as hurting small firmsif inflation were to pick up, wages
must rise toomindful that there are concerns among public
about rising prices more to come