Nsave gets $4M to enable people from unstable economies open offshore accounts

Nsave, a fintech based in Geneva making banking in Switzerland accessible to people in countries at war or those with unstable banking sectors or facing high inflation, has raised $4 million seed funding. The round was co-led by Sequoia Capital and TQ Ventures with participation from Y Combinator, SV Angel and FONGIT: the State of … Read more

Leaders from emerging economies are visiting China for the ‘Belt and Road’ forum

A stream of leaders of emerging market countries are arriving in Beijing for a meeting organized by the Chinese government that will mark the 10th anniversary of its Belt and Road Initiative ByThe Associated Press October 15, 2023, 11:06 PM Chilean President Gabriel Boric arrives at Beijing’s airport ahead of the Belt and Road Forum … Read more

World Financial institution sees main economies rising at a lot slower tempo because of greater charges and banking stress

Greater charges and overhangs from this yr’s banking disaster will drastically sluggish financial progress for the most important world economies, the World Financial institution stated Tuesday. The establishment stated superior economies — the U.S., Japan and Euro space nations — are anticipated to develop by solely 0.7% in 2023, down from 2.6% in 2022. The … Read more