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Crispus Nyaga

Crispus Nyaga

Crispus Nyaga is a full-time financial analyst and trader with more than 7 years in the industry. He has been fortunate to work for several fintech companies, mostly from Europe, Asia, and North America. His work is published in leading platforms like Seeking Alpha, Invezz, InvestingCube, Capital.com, and Marketwatch. Crispus operates from a private office in Nairobi.

Latest articles by Crispus Nyaga

SumUp valuation spikes to 8 billion euros as fintech companies struggle

SumUp, a mPOS (mobile point-of sale) company has raised 590 million euros; placing it at a valuation of 8 billion euros. The funds raised in the latest funding round are split between debt and equity. The payments startup was founded in 2012 with the intent of offering payments solutions to businesses in different sectors. Through its […]

Crispus Nyaga | 2 minutes | Saturday, 25th June

MoonPay unveils partnerships as it ventures to NFTs

MoonPay, a crypto payments startup, has announced its partnership with key entertainment brands in an effort to expand into the nonfungible token (NFT) market. By using MoonPay’s HyperMint platform, companies like Creative Artists Agency, Death Row Records, Universal Pictures, and Fox Corp. Will create corresponding NFTs. According to the firm’s CEO, Ivan Soto-Wright, “You can […]

Crispus Nyaga | 2 minutes | Thursday, 23rd June

USD to JPY exchange rate keeps rising amid a dovish BOJ

USD to JPY  remains on an uptrend as the market digests Bank of Japan’s decision to maintain ultra-low interest rates. BOJ’s move comes at a time when several major economies have embraced a hawkish stance in dealing with heightened inflationary pressures. Following the two-day meeting that ended on Friday, BOJ announced its decision to maintain […]

Crispus Nyaga | 2 minutes | Tuesday, 21st June

EUR to CHF Exchange Rate Slides as SNB Hikes Rates

The EUR to CHF exchange rate plummeted to the lowest level since April this year after the Swiss National Bank (SNB) caught the market off-guard. The EUR/CHF pair is now trading at 1.0170, which is about 3.30% below the highest level this week. The EUR to CHF pair crashed following the latest interest rate decision […]

Crispus Nyaga | 2 minutes | Thursday, 16th June

Coinbase, Crypto.com, BlockFi announce layoffs as crypto winter continues

Coinbase has announced its decision to layoff $18% of its workforce in addition to the hiring freeze indicated a few weeks ago. The prolonged bear market has largely impacted the tech sector. Additionally, it affects other sectors and markets. For instance, due to the current recession, investors are increasingly taking short positions against the British […]

Crispus Nyaga | 2 minutes | Wednesday, 15th June

US dollar gathers momentum as inflation surges to 1981 highs

The US dollar surged to the highest point since May 19th after the latest consumer inflation data from the United States. The dollar index, which tracks the currency against other currencies, rose to $103.72, which was about 2.4% above the lowest level in May. US consumer inflation surges Consumer inflation is not easing according to […]

Crispus Nyaga | 2 minutes | Friday, 10th June

Western Union partners with Mambu for its digital banking business

Western Union has partnered with Mambu to build a digital banking app – WU+. Through cloud-based technology, Western Union’s new product is aimed at easing the manner in which customers transfer funds, track transactions, and manage their cards. Western Union serves customers from over 200 countries by supporting about 130 currencies across the globe. In its […]

Crispus Nyaga | 2 minutes | Friday, 10th June

Klar, a Mexican neobank, raises $70 million at a $500m valuation

Digital banking is seeing remarkable growth around the world as many young people. In the past few years, we have seen many neobanks like NuBank, Revolut, Chime, and Monzo become multibillion-dollar companies.  In a statement, Klar, a digital bank based in Mexico said that it had raised $70 million from a group of investors. The […]

Crispus Nyaga | 2 minutes | Thursday, 9th June

Affirm, Zip, Afterpay face headwinds as delinquencies rise

The Buy Now Pay Later (BNPL) industry is going through a tumultuous period as delinquencies and interest rates rise. The companies are also suffering as consumer spending dramatically slows. BNPL companies have enjoyed rapid growth in the past few years as demand for their services has risen. Many customers believe that these firms offer a […]

Crispus Nyaga | 2 minutes | Thursday, 2nd June

Paysend growth accelerates as it launches its US headquarters

Paysend, one of the fast-growing money transfer companies, has had its customer base in the United States grow by 66% over a span of one year. The firm is a UK-based fintech company founded in 2017. Since then, it has expanded its global reach; enabling individuals and businesses to transfer funds online to different destinations […]

Crispus Nyaga | 2 minutes | Tuesday, 31st May