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First-time investors are pouring millions of dollars into unlisted start-ups and small-to-medium-sized businesses through online crowdfunding campaigns. But is it really a smart way to invest?
First-time investors are pouring millions of dollars into unlisted start-ups and small-to-medium-sized businesses through online crowdfunding campaigns. But is it really a smart way to invest?
First-time investors are pouring millions of dollars into unlisted start-ups and small-to-medium-sized businesses through online crowdfunding campaigns. But is it really a smart way to invest?
Xinja investors told shares worth 'close to, or actually, zero' We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Shareholders in fallen neobank Xinja are bracing for the company to be placed into liquidation after a memo sent on New Year's Eve warned their shares could be worthless. In an update sent to investors after 4pm on December 31, Xinja said it had enlisted an external party to explore options to recoup value after the company made the shock decision to exit banking only 15 months after receiving its licence. "This is...