FinTech Media Choice - About Network, Merger and Assets

Date
14.10.2022
Read time

3 min.

Author

Editorial Invest in Slovakia

Get information from a selection of articles from other media. Our summary of each of them will save you time. You'll find news from the worlds of finance, technology, and real estate.

Assets in foundations or trusts. Which richest Slovaks reached for them? - "Slovak legislation is not yet as adapted to the inheritance of property as we would need at the moment," explains David Neveselý. Slovak business owners are therefore following the global trend and depositing their assets in endowments and trusts.

$2 million in 50 minutes. New Slovak stock exchange attracts investors from all over the world - Mangata's main goal is to create a user-owned exchange. This will connect cryptocurrency blockchain networks across the industry and make trading these assets more accessible, fair and secure. Following the launch of its blockchain network, another round of fundraising took place and $4.2 million in new capital flowed into the company. This brought the project to a total value of $60 million.

Millionaire sold, millionaire bought. Historical gem in the centre of Bratislava changed hands - The monument-protected Kern House was acquired by the seventh richest Slovak Tomáš Chrenek. The four-storey townhouse in the Empire style was built on this site in 1845 by Ignác Feigler the Elder. It was named after its most important owner. There were also administrative premises and luxury apartments in the house, the future use of the building is not yet known.

Renewables are the solution to both the climate and energy crises - In recent months, Europe has faced high and volatile energy prices. It is therefore a priority for the European Union and its Member States to find enough secure alternatives to free us from dependence on a single supplier. The Union is investing heavily in indigenous renewable energy sources through RePowerEUwith the aim of becoming independent from Russian fossil fuels before 2030.

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The real state of real estate - Interesting overview of statistics from the US real estate market. According to them, corporations are becoming the most likely landlords, There are more short-term rentals than long-term rentals in New York City, and the wealth gap in homeownership has widened, with 71 % of the increase in that wealth accruing to high-income owners during the 2010 to 2020 period. Also, almost half of residents pay more than 30 % of their income on rent.

Giants merge: Avast boss talks merger with Norton, data business and cybercrime - The merger of two giants in the field of information technology, Avast and NortonLifeLock, has created a new company. It has over half a billion users. Forbes spoke to Avast CEO Oldřich Vlček about the details of the merger and what it will bring to the world.

Pleasant reading!

About the author
Editorial Invest in Slovakia
The Invest in Slovakia crowdfunding platform facilitates investments in Slovak real estate projects to investors from all over Europe. It focuses on innovative solutions with benefits for the surrounding area. The long-term effort of the team of specialists is the development of financial literacy. It provides clients with access to thoroughly vetted assets with different appreciation strategies.

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NBS. On the basis of Regulation (EU) 2020/1503 of the European Parliament and of the Council of 7 October 2020 on European crowdfunding service providers for business and amending Regulation (EU) 2017/1129 and Directive (EU) 2019/1937 (the "Regulation on European crowdfunding service providers for business"), crowdfunding will become a legally regulated activity. From the nature of the Regulation in question, it is expected that the authority authorising and supervising the activities of crowdfunding service providers within the Slovak Republic will be the Ministry of Finance of the Slovak Republic or the National Bank of Slovakia. As a provider of crowdfunding services, we welcome this effort of the European Parliament and we are ready to actively participate in the implementation of the Regulation in order to clarify and set uniform rules for crowdfunding within Slovakia as well as throughout the European Union.
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