BNEF said the overallsustainabledebt market, which barely existed 10 years ago and includes assets such asgreen bondsas well as social bonds, grew 29 per cent in 2020.
The money raised through social bonds goes towards projects with positive social impacts such as education, healthcare, housing and basic infrastructure.
Like social bonds, green bonds are generally issued by governments and supranational bodies such as the World Bank to fund environmentally friendly programs, generally aimed at mitigating climate change.
Many Australians worry about not having enough money in
But traditional financial advice is expensive and time
Sydney-based fintech mProjections wants to give every
Australian confidence in their financial future.
mProjections has developed an easy and useful “super report”
that is available online and on demand for a very low annual fee.
The report empowers you (and your financial advisor if you
use one) to take action now to increase your retirement income in the future. It’s suitable for all super fund members,
Team pictured L to R: Frank Ashe, Antik Kapoor and Derek
Despite Covid-related woes affecting all of us in 2020, the FinTech industry has shown remarkable resilience.Boosted by e-commerce, online or app-based banking, and increased attention on saving & investing, many FinTech apps, in particular, have gone from strength to strength.Here are five (plus a couple of bonus apps) that have fared well at sea in 2020, plus a retrospective look at the 2019 list.https://superfitdad.medium.com/the-top-5-finance-apps-you-need-on-your-phone-in-2020-ef86e691c202
App-based digital banks, known as neobanks, emerged in Australia in 2018. Major players include Judo Bank, 86 400, Up Bank and Volt.Neobanks that have been able to become profitable have focused on both sides of the balance sheet – growing customers and loan books simultaneously.Neobank Xinja has exited banking in Australia to focus on its US share trading platform.Xinja was marketed to Millennials, offering high interest deposit accounts and glow-in-the-dark bank cards but has been unable to launch loan products to offset the cash burn.https://www.smh.com.au/business/banking-and-finance/neobank-xinja-to-close-accounts-return-banking-licence-20201216-p56nw3.html