How Revenue-Based Financing Works for Startups | Funding Guide 2025
This article will discuss the workings of revenue-based financing, how it became a popular choice, and what every startup should know before opting for this funding model. Starting a business is exciting. However, most early-stage startups do not have the funds for such growth and turn to traditional channels, such as bank funding or venture […]
Navigating Cross-Border Banking for Freelancers and Expats
Cross-border banking regulations are a complex web of laws and guidelines that govern the operations of financial institutions across national borders. These regulations are designed to ensure the stability of the global financial system, protect consumers, and prevent illicit activities such as money laundering and tax evasion. Each country has its own set of rules, […]
Navigating Bank Account Freezes: Triggers and Solutions
A bank account freeze is a legal action that temporarily restricts access to funds in a bank account. This can occur for various reasons, often initiated by the bank itself or as a result of legal actions taken against the account holder. When an account is frozen, the account holder cannot withdraw money, make purchases, […]
Banks’ Real-Time Fraud Detection with AI
In an increasingly digital world, the financial sector faces a growing threat from fraudsters who exploit vulnerabilities in online transactions and banking systems. Real-time fraud detection has emerged as a critical component in the arsenal of tools that banks and financial institutions employ to safeguard their assets and protect their customers. This proactive approach allows […]
Understanding Contactless Credit Cards: Safety and Functionality
Contactless credit cards are a modern evolution in the realm of payment methods, designed to facilitate quicker and more convenient transactions. Unlike traditional credit cards that require physical insertion into a card reader or swiping through a magnetic strip, contactless cards utilize radio-frequency identification (RFID) or near-field communication (NFC) technology. This allows users to simply […]
Demystifying Crypto Airdrops: Qualifying and Understanding
Crypto airdrops are a marketing strategy employed by blockchain projects to distribute free tokens or coins to the wallets of existing cryptocurrency holders. This practice serves multiple purposes, including increasing awareness of a new project, rewarding loyal users, and creating a wider distribution of tokens. Airdrops can be seen as a way to bootstrap a […]
Navigating Crypto Losses: Reporting on Taxes
The world of cryptocurrency is characterized by its volatility, which can lead to significant financial gains or losses for investors. Crypto losses occur when the value of a digital asset decreases below the price at which it was purchased. This decline can be attributed to various factors, including market sentiment, regulatory changes, technological advancements, and […]
Proof of Work vs. Proof of Stake: The Future’s Best Choice
In the realm of blockchain technology, consensus mechanisms play a pivotal role in ensuring the integrity and security of decentralized networks. Among the most prominent of these mechanisms are Proof of Work (PoW) and Proof of Stake (PoS). Both serve the fundamental purpose of validating transactions and adding new blocks to the blockchain, yet they […]
Creating Your Own Financial Plan: No Advisor Needed
Establishing clear financial goals is the cornerstone of effective financial planning. These goals serve as a roadmap, guiding your decisions and actions toward achieving your desired financial future. Financial goals can be broadly categorized into short-term, medium-term, and long-term objectives. Short-term goals might include saving for a vacation or paying off a small debt, while […]
Finding the Right Budgeting Method: 50/30/20 Rule vs. Zero-Based Budgeting
The 50/30/20 rule is a straightforward budgeting framework that allocates an individual’s after-tax income into three distinct categories: needs, wants, and savings or debt repayment. The premise is simple yet effective: 50% of your income should be dedicated to essential needs, such as housing, utilities, groceries, and transportation. These are the non-negotiable expenses that one […]