Finance is the field concerned with the management, creation, and study of money, investments, and other financial instruments. It encompasses a wide range of activities, including budgeting, saving, lending, and investing. Finance can be divided into three main categories: personal finance, which involves individual management of finances; corporate finance, which deals with the financial activities of businesses; and public finance, which focuses on the income and expenditure of governments and public institutions. The goal of finance is to efficiently allocate resources over time and manage risk, ensuring the growth and sustainability of financial assets. Financial principles guide decision-making to achieve objectives like maximizing returns and minimizing costs.
A historic event commemorates President Ronald Reagan's influence on the economy at the New York Stock Exchange. Reagan's economic policies in the 1980s emphasized tax cuts, deregulation, and reducing government…
The fintech revolution dismantles traditional barriers, reshaping financial access through technology. Mobile banking empowers individuals, even in remote areas, with access to deposits, transfers, and financial management via smartphones. AI-driven…
Republicans are challenging regulations they view as burdensome, focusing on an IRS rule and CFTC guidance. The IRS directive aims to increase transparency in digital asset sales, prompting debate over…
Africa's fintech sector is experiencing rapid growth, with over 11,000 tech startups and more than $1 billion in venture capital for fintech firms in 2024. Fintech is crucial in a…
The Latin American fintech sector faces challenges with a steep decline in venture capital, dropping from $7 billion in 2021 to $2.6 billion in 2024. Despite the downturn, there was…
FinTech LIVE Singapore on February 25, 2025, will unite major industry figures in a virtual event hosted on Brella. The event will feature discussions on crucial topics such as AI,…
Iyzico, a Turkish fintech giant, has acquired local payments provider Paynet for $87 million, enhancing its influence in Türkiye's digital payments sector. This acquisition, approved by the Turkish Competition Authority…
An ex-DJ is revolutionizing the fintech industry with innovative retirement planning solutions. This visionary leader swaps the DJ booth for boardrooms, driving change with entrepreneurial spirit. The focus is on…
Klarna is preparing for a public offering by fortifying its balance sheet and refining capital allocation. The company has sold part of its UK lending portfolio to Elliott, an American…
```html Klarna, with over 85 million users, is entering the cryptocurrency space to stay relevant. CEO Sebastian Siemiatkowski initially called Bitcoin a "decentralized Ponzi scheme" but now sees value in…