Luigi Wewege

Luigi Wewege is the Senior Vice President, and Head of Private Banking at Caye International Bank. Outside of the bank, he serves as an Instructor at the FinTech School which provides online training courses on the latest technological and innovation developments within the financial services industry. Luigi is also the published author of: The Digital Banking Revolution.


Global Financial Analysts Predict Significant Economic Decline in the Next Two Years

Global Financial Analysts Predict Significant Economic Decline in the Next Two Years

7/10/2020

According to research by the World Bank, the COVID-19 pandemic could leave global economies in a severe recession beyond 2020. Per capita income is expected to shrink, and millions of people will fall into poverty.

Spotify's Market Cap Soars, Making It Worth Twice as Much as It Was 3 Months Ago

Spotify's Market Cap Soars, Making It Worth Twice as Much as It Was 3 Months Ago

7/4/2020

Popular streaming service Spotify is seeing its value grow rapidly in the financial markets this year. While one contributing factor is its continued marker leader spot in the streaming boom, another factor is its new offerings to attract new consumers and impress investors.

XP Chairman Gains a Net Worth of $3 Billion as XP Shares Surge

XP Chairman Gains a Net Worth of $3 Billion as XP Shares Surge

7/4/2020

In 2001, at the age of 24, Guilherme Benchimol set out to establish his own firm with a business partner in Porto Alegre after being fired by a securities brokerage.

IMF: Indian Economy Will Contract by 4.5% This Fiscal

IMF: Indian Economy Will Contract by 4.5% This Fiscal

7/1/2020

As the Indian economy continues its battle to recover from the devastation of COVID-19, pandemic’s impact has once again been reiterated by a report from the International Monetary Fund (IMF). The report projects a sharp contraction of 4.5% in this fiscal.

How Yoco Managed to Raise $20 Million in Venture Capital Funding

How Yoco Managed to Raise $20 Million in Venture Capital Funding

6/29/2020

Yoco is a South African company that makes card payments possible for the informal, rural, and SME merchants. They started the business in 2015, nine months after similar businesses. Instead of worrying about their late entry into the market, they worked on perfecting their business model.

The Most Popular Accounting Software in 2020

6/26/2020

The digital era has made business operations easier and more flexible, allowing owners to use digital tools as assistance to help grow their business. Traditional methods have proved to become costly, as owners have found that newer technology enables them to open their businesses to a larger buying market.

Fintech News Roundup: the Latest on Visa and Mastercard

Fintech News Roundup: the Latest on Visa and Mastercard

6/26/2020

Visa and Mastercard are two companies you will never stop hearing about. These companies are longtime rivals — except this time, they aren’t just fighting against each other. 

Here’s a roundup of everything that’s been going on with them lately.

Big Things Happening in Ecommerce in 2020

Big Things Happening in Ecommerce in 2020

6/24/2020

Ecommerce is gearing up for some significant changes in the way it works. The global commerce market predicts that by the end of 2020, ecommerce sales will make up 16% of all retail sales globally, a drastic change that has happened over only a number of recent years.

Coins behind a transparent clock

Startup News: Business Funding in a Post-Pandemic World

6/19/2020

Investor interest and capital funding for startups started to drop toward the end of February 2020, putting a halt to a year that began with an upward trend. All early indications were that 2020 was set to match the record highs of 2018, with high investor demand and plenty of capital available for budding and existing entrepreneurs.

Stock numbers

New York Stock Exchange Traders Return to Prove They Are as Influential as Ever

6/19/2020

The stock exchange floor is ready to open back up post-quarantine. However, outdated assumptions of how the floor operates leave some people scratching their heads.

Hooded faceless person in front of a laptop

Warning for Consumers: New Malware Can Steal Your Credit Card Information via Text

6/19/2020

Mobile malware was created for the sole purpose of gaining access to information on your phone. This malware could transfer part money from your bank card to a scam-controlled account or purchase goods for an attacker with your money.