Blockchain
Demand Surges for Income Direct’s Fixed Income Accounts as Investors Seek Capital-Stability
New York, New York–(Newsfile Corp. – July 10, 2023) – Income Direct, a fixed income provider which entered the Australian market last financial year, is delighted to announce it has generated impressive demand of over half a billion dollars on an annualised basis for its fixed income accounts during the 2023 financial year.
This significant achievement is a testament to Income Direct’s commitment to delivering fixed income solutions which cater to the growing self-directed and self-managed superannuation fund investor market in Australia.
Executive Chairman Gerard Sivaprasad said:
“Our timing to enter the Australian market last financial year was impeccable. Clients who manage their own money are looking for certainty over their capital and many traditional investment structures don’t permit this because they are volatile. Based on our current growth rate we expect to surpass $2 billion of annualised demand this financial year which means we can substantially expand our group’s balance sheet. It’s perfect timing for Income Direct and our clients considering current market conditions mean investors are flocking to capital-stable debt instruments.”
Looking forward to the 2024 financial year Income Direct expects demand to continue to grow exponentially due to the large number of Australian investors needing to keep ahead of inflation.
As market volatility increases with rising interest rates and inflation, opportunities abound for Income Direct and its US-based parent, Marbanc International. The stress placed on businesses, the real estate market and other asset owners means distressed sales are plentiful which plays into the hands of Income Direct’s diversified investment strategy.
As the financial landscape continues to evolve, Income Direct remains dedicated to staying ahead of the curve, adapting its investment strategies to capture new opportunities and address emerging challenges. The company’s commitment to old fashioned customer service has been integral to its success and will continue to be at the forefront of its operations.
About Income Direct
Income Direct provides Fixed Income Accounts to clients seeking a capital-stable investment and competitive interest rates. Interest payments are available monthly or can be compounded and terms range from 3 months to 10 years.
Income Direct accepts individuals, companies, SMSFs and trusts, and clients are provided with online 24/7 access to their account via Income Direct’s custom-built client relationship management platform.
Income Direct is a wholly owned subsidiary of Marbanc International Corporation an international conglomerate focused on making direct investments in alternative asset classes.
Contact
Gerard Sivaprasad, Executive Chairman
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/172896
Blockchain
WadzPay Plans to Expand Portfolio into Stablecoin Business
WadzPay, a leading fintech company specialising in blockchain based technology for virtual asset payment solutions, is proud to announce its plan to enter the Stablecoin business, marking a significant expansion of its offerings. With a steadfast commitment to innovation and addressing evolving market demands, the company has strategically positioned itself to capitalise on the growing opportunities within the virtual asset financial services space.
Blockchain
RevoluGROUP Announces CEO and Director Stepping Down
Blockchain
ZettaBlock announces the addition of blockchain data
ZettaBlock, a leading provider of blockchain solutions, has recently announced a significant enhancement to its offerings with the addition of blockchain data services. This development marks a strategic move aimed at bolstering ZettaBlock’s capabilities and further solidifying its position in the blockchain industry.
By integrating blockchain data services into its portfolio, ZettaBlock seeks to address the growing demand for comprehensive and reliable data solutions within the blockchain ecosystem. The new offering will enable clients to access a wealth of blockchain data, empowering them to make informed decisions and derive valuable insights from the vast amount of information available on various blockchain networks.
ZettaBlock’s decision to expand its services comes at a time when the importance of blockchain data analytics is increasingly recognized across industries. With blockchain technology continuing to gain traction and adoption worldwide, the ability to effectively harness and analyze blockchain data has become crucial for businesses and organizations seeking to unlock new opportunities and drive innovation.
Through its blockchain data services, ZettaBlock aims to cater to the diverse needs of its clients, providing them with access to real-time and historical data from a wide range of blockchain networks. This includes transaction data, smart contract metrics, network activity, and more, allowing users to gain deeper insights into blockchain transactions and activities.
The addition of blockchain data services represents a significant milestone for ZettaBlock, underscoring the company’s commitment to delivering cutting-edge solutions that meet the evolving needs of the blockchain industry. As businesses increasingly recognize the value of blockchain data in driving decision-making and enhancing operations, ZettaBlock’s comprehensive data services are poised to play a key role in shaping the future of blockchain analytics.
Source: cryptonewsz.com
The post ZettaBlock announces the addition of blockchain data appeared first on HIPTHER Alerts.
-
Blockchain16 hours ago
Meritrust Credit Union Joins Metal Blockchain’s Banking Innovation Program
-
Blockchain6 days ago
Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
-
Blockchain Press Releases2 days ago
CoinRoutes partners with Coinbase International Exchange to improve institutional access to perpetual futures
-
Blockchain Press Releases3 days ago
Bosera HashKey Bitcoin and Ether Spot ETFs Officially Launch on HKEX with Two-Way Investment Flexibility
-
Blockchain4 days ago
RFK Jr.’s blockchain idea, Ethereum ETF approval in question, Bitcoin’s unlikely bull run | Weekly Recap
-
Blockchain3 days ago
Cryptocurrency market sees decline as Bitcoin and Ethereum slip
-
Blockchain Press Releases3 days ago
KuCoin Campus Survey Reveals: 88% of Participants Eager to Build Careers in Blockchain
-
Blockchain6 days ago
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers