
5 Years in the FinTech Space
In 2017, I was astounded to learn that South Africa was the highest country in the world for the search term “how to invest” on Google trends. Over the past 5 years the financial industry has seen a lot of change.
Thomas is an engineer with a doctorate in machine learning. When he's not creating solutions for all the problems in the universe, he's likely running, surfing, hiking or climbing.
In 2017, I was astounded to learn that South Africa was the highest country in the world for the search term “how to invest” on Google trends. Over the past 5 years the financial industry has seen a lot of change.
"I’ve often thought about what I would say to my younger self if I had a chance. There are a few things, what I did with the money I earned."
Notes on 2021 directly from the CEO and co-founder of Franc.
The sad reality is that many retirees have not saved enough money to meet their financial needs in retirement. This means a lot of children may land up supporting their parents.
We all have a relationship with money. It’s influenced by our culture, our community and also by our gender. Men are often told that they should be good with money.
A healthy bank account balance means not being in the red for most people. The problem is the money sitting in your bank account is doing absolutely nothing for you.
This is perhaps one of the most important questions we should be asking ourselves both as individuals and as a society.
"Almost 10 years ago, in my first festive season as a varsity student, my motivation levels were at an all-time high. The world was my oyster and I was going to grab it with both arms."
Although it may be tempting to borrow money to invest, especially if you are cash strapped, it's not a good idea and could make you lose big time.