Warren Francis

324 Flips | 1 Magazine | 7 Likes | 22 Following | 23 Followers | @WarrenFrancis | Join us as we utilise our insights to recognise, intervene and reward global financial wellness.

Revolut broke even in December, now has 1.5 million customers

Fintech startup Revolut can’t stop and won’t stop growing. The company has had an amazing month of December with a huge increase in the total volume of transactions and signups. Because of that, Revolut broke even in December for the first time ever.<p>The company told me that it wasn’t just a lucky …

Fintech Revolut Britain's first digital bank to break even

LONDON (Reuters) - Financial technology firm Revolut has become the first of a new breed of digital banks in Britain to break even on a monthly basis after a swelling user base and a suite of new products helped it bolster revenues in December.<p>Revolut, which has gained popularity with users for …

Inflammation

This app teaches your kids how to save money (because you suck at it)

<i>This interview is part of our series of Growth Stories. We interviewed the founders and CEOs of 20 of the fastest growing startups in Europe. We asked them about their companies, their companies’ culture, and their lives, trying to understand how these three factors played a role in the achievement</i> …

Anyfin bags €4.8M Series A to let you refinance your existing loans by taking a photo

Anyfin, a startup based in Sweden that easily enables you to refinance your existing loans, including by taking a photo, has picked up €4.8 million in Series A investment. The round is co-led by Accel, and Northzone, with participation from Rocket Internet’s Global Founders Capital, and a number of …

Loans

The best apps to help you manage your money

From juggling several accounts to long-term saving...<p><b>It's now easier than ever to manage your money online – there are so many apps available to</b> …

Financial Stress Can Impact Your Mind, Body and Overall Wellbeing

Mint review: Popular app focuses on the big financial picture

When it comes to personal budgeting, we often get too wrapped up in the in- and outflows of our spending account and forget about all the other parts of our financial lives. Mint shifts the focus back to the big picture.The popular free personal finance service tracks your bank and credit card …

Personal Finance

Are You Financially Literate? Answer These 3 Questions to Find Out

Financial literacy means that you grasp these basic financial concepts. Without it, you're unlikely to become wealthy.<p>Financial literacy is a must …

Why Amazon’s Grocery Store May Not Be the Future of Retail

When Amazon opened its cashier-less concept grocery store to the public in Seattle on January 22, the company’s stock rose 2.5% – slightly more than the 2.4% increase after Amazon announced that it was buying Whole Foods this past June. Does Amazon Go signal that smartphone apps and virtual carts …

Stash raises $40 million Series C to make investing more approachable

Micro-investing app Stash has raised an additional $40 million in Series C funding, the company announced this morning, following rapid growth in terms of sign-ups from new users – 86 percent of whom are first-time investors. The startup’s app is designed to help ease people into investing by …

A Foolish Take: Is the January Effect Real?

After a great month, some investors think 2018 is sure to be great -- while others point to 1987.<p>January is shaping up to be one of the best opening …

Stock Markets

People are more uncomfortable talking about money than weight

People aren’t putting their money where their mouth is.<p>More than two in three (68 percent) people say they’d rather talk about their weight than …

Fidelity Investments

Liz Weston: The right way to give your teen an allowance

Here's an idea: Hand your teenagers hundreds of dollars in one lump sum and leave it up to them to manage the money for the next, say, six to 12 …

Personal Finance

This Experiment Tested the Online Customer Service at 5 Famous Retailers and Showed 1 Clear Winner | Inc.com

In an effort to improve customer relations, many retailers have added live chat support to their websites. A study by Forrester Research found that 44 percent of online customers say that live chat support is one of the most important features a website can offer.<p>To investigate the current state of …

eCommerce

Embrace Change Or Get Left Behind

Rethinking opportunity and change were repeating themes running through many events I have attended in the last quarter. AI and ESG’s impact on corporations are at the center of people’s minds. Executive teams are concerned about how AI will impact business strategies and how leaders will be able …

Leadership

This App Promised to Help Me Save Money by Shaving Down My Bills. I'm Now $276 Richer

Just don't judge my STARZ bill.<p>I’ll let you in a little secret: Not all personal finance writers follow all those money management tips we preach.<p>I …

Amazon seizes half of all online Black Friday sales in an 'eye-popping' show of dominance

Amazon is dominating — again.<p>Black Friday sales and promotions have helped the company claim between 45% and 50% of all online Black Friday sales, according to a new report from GBH Insights. GBH called the results "eye-popping."<p>This new number, combined with online sales figure estimates for the …

A tech VC explains why Revolut is such a hot ticket as the fintech app hits 1 million users

LONDON — Fast-growing fintech app Revolut has passed 1 million customers just over two years after launch.<p>Revolut announced the milestone on Friday, saying that customers have now completed 42 million transactions on its app worth a combined $6 billion (£4.5 billion). The company began as a foreign …

Customers

Incubator And Seed Fund MEST Expands To Lagos And Cape Town

MEST, one of the earliest tech incubators in Africa, has opened two new hubs in Lagos and Cape Town, with well-known start-up mentor Aaron Fu as the organisation’s new managing director.<p>Launched in 2008 in Accra, Ghana, MEST is part training program, part seed fund, part incubator and part hub. It …

Your boss may soon help you save for college

A growing number of employers are helping their workers pay off student loans. Now it may soon become easier for companies to help their employees’ …

How to build your dynasty: Hire for passion, train for skill, coach for performance

Building the right team is hard. What’s more challenging is hiring for several roles at once and trying to determine how all the pieces will come together in the end. You’re trying to assess individual performance, how the team will gel, and where the gaps will be. It’s like drafting a full …

Computer Science

Britain's debt will not fall to 2008 levels until 2060s, IFS says in startling warning

Britain's debt levels will not fall below pre-crisis levels until the 2060s if growth does not improve, the head of the Institute for Fiscal Studies …

How to Get Serious About Building an Emergency Fund

Take baby steps to avoid feeling overwhelmed<p>You’ve heard it time and time again: Everyone should build an emergency fund. Easier said than done, …

Do This One Thing to Set Yourself Up for Financial Success in 2017

<i>When it comes to your finances, do you take a head-on or head-in-the-sand approach? If you identify with the latter, then the good news is, you're</i> …

15 Practical Budgeting Tips

If you’re really committed to sticking to a budget and getting out of debt, you need to ditch those credit cards for good. Stop using them! Cut them …

Personal Finance

How the Most Successful Teams Bridge the Strategy-Execution Gap

The strategy-to-execution gap is an enduring problem with no easy solution. As the Japanese proverb goes, “Vision without action is a daydream. Action without vision is a nightmare.” In their seminal HBR piece, Paul Leinwand, Cesare Mainardi, and Art Kleiner outlined what senior leaders must do to …

Don't blow your budget on Black Friday

Billions of shoppers around the world will be going bonkers on Black Friday. While it’s an opportune time to do your Christmas shopping, it’s also a …

Personal Finance

Beware the dark side of Black Friday

Deeply indebted consumers should think long and hard before plunging themselves even deeper into debt by splurging on luxury goods on Black …

Black Friday