Gen Z

New US fintech Monai to gamify savings for Millennials and Gen Z

A new social finance app in the US is aiming to help young users decrease their debt by playing video games. Monai says users can game to “crush” their debt Monai, which is still in the waiting list stage, says users can use time spent playing mobile games to earn interest on savings they deposit in the app. The firm also promises to offer a savings advisor, which will provide Millennial and Gen Z customers with tips on purchases. Savings in the fintech’s “Money Boost” system will be invested in

Crypto platform CoinSpot has hit 2 million users as Australians chase Dogecoin profit

Crypto platform CoinSpot has managed to double its user base in a little over six months, as surging prices lure millions of Australians into the crypto market.Booming interest in digital assets is palpable, with website activity increasing seven-fold this year, according to CoinSpot.“In 2021, we’ve certainly seen a dynamic shift when it comes to Australia’s crypto appetite,” founder Russell Wilson said.In a broader sense, it also demonstrates a maturing of the market, which has been increasingly recognised by institutional and SMSF investors in recent months.It has equally welcomed the entry