finance - Deemoney

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A collection of 5 posts

A Complete Guide to Chinese Red Envelopes

A Complete Guide to Chinese Red Envelopes

Have you ever wondered why Chinese people give money on Chinese New Year? Not just any money, but money in a red envelope in particular. Red envelopes, Hong Bao (Official Mandarin dialect), or Ang Pao (Hokkian pronunciation), are small envelopes with money typically given from parents or grandparents to children

A Simple Guide for Your Next SMART Financial Goal

A Simple Guide for Your Next SMART Financial Goal

We all know that having a solid financial goal is crucial for our wellness. However, sometimes we do not know where to start. That’s when the SMART goal steps in and saves the day. What is SMART? SMART is a framework for you to plan your goals more efficiently.

Is Money an Appropriate Gift for Christmas? — A Question Everybody’s Asking

Is Money an Appropriate Gift for Christmas? — A Question Everybody’s Asking

One advantage of a monetary gift is that you will never give the receiver anything awkwardly bad! In this way, you can be sure that your gift will not be wasted because people can use that money to buy anything they want.

Breaking Borders for Marketplace Payments

Finance and fintech

Breaking Borders for Marketplace Payments

One of the biggest challenges with international payments and sending money overseas is how slow it is. The extremely ironically named SWIFT system of international bank transfers can take up to and over a week to send any amount of money from one country to another.

The Rise of Challenger Banks Around the World

The Rise of Challenger Banks Around the World

The report... 12 examples of challenger banks that have each raised over $100 million in equity financing, half of them surpassing $1 billion in value. The most successful of the challenger banks described by the report is a Sao Paulo-based company called Nubank.