"Banking is necessary, banks are not" Bill Gates once foretold in 1990. This was the time when shopping required going to a physical store and mails were written down on paper. Today, a store is no longer necessary for...
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It’s time we discussed how SMEs around the world are faring and how Monexo can help them stay afloat and perform better. A World Bank Group study suggests there are between 365-445 million micro, small and medium enterprises...
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There are many factors to consider when borrowing money - loan tenure, interest rate to pay back, method and process of repayment, to name a few. This week, we take a step back from all the clutter to provide you with our three...
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As India’s working age population increases over the next decade, it won’t only increase the consumption potential of the country, but also arrest any fall in its household savings rate. This is not only due to low income but...
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Tip #1: Track your spending! If you can’t seem to figure out where your cash earnings have flown off to, start making it a habit to keep all your receipts for cash, debit and credit card purchases. This allows you to track your...
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Monexo Innovations Limited co-organized a “Rise of Fintech” talk on the 14th of July with LendIt China and Metta. Monexo’s Ceo Mukesh Bubna had a talk with Ron Suber, President of Prosper Marketplace, on various topics...
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This week we take a look at the increasing trend of retirees investing in P2P Lending to supplement their retirement income and three important tips to maximize those investments. More and more over 55s are becoming money...
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Sharing economy is when you carpool with your colleagues to work, or when you stay at a friend’s house for a vacation. Today, companies such as Lyft, Rideshare, AirBnB, and Flipkey have gained popularity from using the concept...
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BANKING is undergoing a major transition. No longer the only choice for consumers, banks are facing a tsunami of competition from non-traditional competitors. There are online, non-bank financial services for everything a...
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P2P Borrower It can take 26 years to pay your credit card debt Have $20,000 in credit card debt? Plan to fund just the minimum monthly repayment? I hope you are comfortable, because it will be a 26 year ride before you pay off...
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Both peer-to-peer (P2P) marketplace and equity crowdfunding have some commonalities, using the “many to one” concept of...
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