The concept of self-banking has been around since the early days of banking. It’s a strategy allowing you to access your money faster and more flexibly than traditional banks offer. By taking charge of how you allocate and manage funds, being your banker can help increase financial security while providing numerous other benefits, such as savings on fees and interest, tax efficiency, and convenience. This blog post will cover why it could be beneficial for you to become your banker, outlining the specific advantages such a move presents, as well as providing practical guidance on getting started.
Pavel Durov’s Telegram has announced that it issued $270 million in bonds this week to fund its growth until it achieves profitability. The move is intended to provide the necessary funding to bring the company closer to the break-even point . With this bond issuance Telegram is aiming to guarantee its development and secure the resources needed for its expansion . Bonds vs. Shares: The Reasoning Behind Telegram’s Choice Telegram’s decision to issue bonds instead of shares is due to the significant rise in interest rates beginning from 2021 . By going for bonds the company can benefit from a different issue price and tap into the pool of interested investors. Bonds offer a promise of repayment of interest and serve as a loan contracted with investors who believe in the companys potential. FOR MORE INFO: https://fincurrency.net/telegram-raises-270-million-in-bonds-for-growth-and-profitability
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