Sky-high inflation has gripped the global economy and thrust saving money into the spotlight. Meanwhile, just as the pandemic is finally seemingly starting to wind down, the events in Eastern Europe have ratcheted up the uncertainty factor. The one-two punch of inflation and the potential for rising interest rates have exacerbated an already precarious situation. We thought now was a good time to explore ways to save money and potentially add additional revenue streams in 2022.
During the best of times, Europeans are disciplined savers and under sock away 12% of their earnings, according to the IMF. Between 2020 and 2021, at the height of the pandemic, the savings rate increased to nearly 19% as lockdowns and social distancing measures cut into spending. Put another way, during that time frame, Europeans are estimated to have saved close to $1 trillion more than they otherwise would have were it not for the restrictions, setting a new record as savings rose to the equivalent of 8% of the eurozone’s GDP. Continue reading Ways to Save & Make Money in 2022
It’s no secret that the Baltic nations are considered a hub for fintech activity. This is especially true in the wake of Brexit, given the compliance and regulatory uncertainty surrounding financial services between the U.K. and the European Union. Entrepreneurs need more clarity. Latvia, Estonia, and Lithuania are increasingly bridging that gap, thanks to a culture of nurturing tech innovation and embracing digitization that in many ways have made the Baltics the envy of the world.
Fintech is the intersection of finance and technology. It is a sector that looks to tech to make financial services better and more intuitive for consumers and businesses alike. The sector has disrupted legacy financial systems by leaning into what consumers want and the way in which merchants and entrepreneurs can deliver. The Baltics take the lead in areas like peer-to-peer (P2P) investing, where the region has the largest slice of the market in the EU, with France in a distant second. Continue reading Fintechs Flock to Latvia, Estonia, and Lithuania
With 2021 about to be in the rear-view mirror, we thought it would be a good time to take stock of some of the key investment themes that have emerged over the past year and what’s ahead for 2022. Investors have had to navigate some choppy market waters with headwinds like inflation and the emergence of the omicron variant, which suggests that diversification could become more important than ever.
While there are still plenty of returns to be had, investors might also need to expand into new areas to capture them and move closer to their financial goals. Some of the areas we’ll explore include stocks, cryptocurrencies, non-fungible tokens (NFTs), peer-to-peer (P2P) investing, and sustainability as well as alternative asset classes including luxury items from fine art to fine wine.
In addition, we’ll take a look at some of the overhanging risks, not least including inflation and the omicron variant, as well as the effect they could have on investments. We’ll also tell you the latest exciting developments at VIAINVEST so you know what to look out for in the new year. Continue reading Investment Trends Then and Now: A Look Back on 2021 and Ahead to 2022
The world is increasingly going digital, including the monetary system. The economy has been flooded with digital assets and mobile apps that consumers are flocking to over traditional money and financial institutions. Cryptocurrencies like bitcoin are taking the lead on the digital transformation in a global economy where inflation has reared its head and seemingly intends to stick around for a while. The rise of bitcoin has challenged the legacy financial system and placed a fire under the feet of countries that have not already done so to go digital. Continue reading Europe’s Potential Digital Euro a Reality Check for ECB Officials
VIAINVEST platform continues to develop and becomes a valuable asset in your diversified investment portfolio day by day. A key to this growth is an outstanding team that stands behind the product.
VIAINVEST brings the best effort to make sure that investors get a quality set of services. As every team needs a great leader, we are pleased to introduce you to the new Platform Lead – Valerija Klimenkova. Continue reading Please welcome our new Platform Lead!
We are more than happy to announce that in cooperation with the Financial and Capital Market Commission (FCMC) VIAINVEST has become a licensed participant of a regulated financial and capital market by obtaining an investment brokerage firm (IBF) licence. We are beyond excited to finally be regulated and operate under the supervision of FCMC. Continue reading Investment brokerage firm licence (IBF) has been obtained!
This year is set to bring fundamental changes to the investing world as you know it – as the industry is shifting to a regulated and more transparent environment, we are beyond excited to announce that VIAINVEST is becoming a regulated member of the finance market by acquiring the investment brokerage firm (IBF) license in following months. So, what changes will the licensing bring? Continue reading IBF license: what do you need to know?
The millennial generation is growing in influence around the world. For example, in the United States, more than 50% of the population is either part of the millennial generation/Gen Y or younger. In the EU, there were roughly 102 million millennials living in member countries as of 2017, representing one-fifth of the population. As of 2020, more than 20% of the global population falls under the millennial category, representing about 1.8 billion people around the world. Asia is out front for the millennial generation, with this segment comprising 24% of the continent’s total population. Continue reading How Millennials Are Taking Major Industries by Storm
The European Commission has for some time now placed much focus around fintech capabilities and drivers it would like to see move forward so that European economies can harvest its potential. They started off by drafting various reiterations of a Digital Strategy as well as a FinTech Action Plan. Continue reading The future of fintech in Europe
New season, new venture – VIA SMS Group never sleeps, so here comes the latest of company’s ventures and brand new investment opportunity for VIAINVEST community!
As Spain has always been on VIA SMS Group’s radar in terms of one business direction or another, the company has engaged in new partnership to enter the bridge lending segment by financing mortgage-backed non-performing real estate loans in Spain. Continue reading VIAINVEST lists brand new business loan from Spain