Global rising inflation has been one of the biggest stories recently with the US, UK and China all experiencing rapid and worrying growth. In the UK, inflation passed the 2% target set by the Bank of England and we’re expecting it to hit 2.5% this year. Jason highlights the dangers of high inflation and what consumers can do to mitigate against it in his commentary in The Sun, Daily Express, MSN,Wealth Briefing, and Disruption Banking
Our crowdfunding round with Republic & Seedrs has continued to generate interest from the tech press. Earlier this month, the fundraising was covered in a round-up of key fintech news by The Fintech Times, whilst Crowdfund Insider provided an update on our successful fundraising after surpassing our £2m target on Seedrs.
Many of us are aware of some of the issues of fiat currencies, especially in periods of high inflation. Jason’s commentary for the Paytech special in The Fintech Times discussed the future of money and the alternative currency he expects to flourish (clue: it’s gold).
Previously, we asked you for your help and invited you to complete a survey so we could understand our clients’ motivations for saving and spending in gold. One of the most striking outcomes was the distrust of banks to protect our money – 68% of you said this. This was particularly interesting to the tech press with Crowdfund Insider and Disruption Banking covering the survey results.
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