Esusu: Save More Money with Your Friends and Family
In cultures around the world families and friends pool their money together into a single pot of money. The process is called esusu, and a new app has adopted the name and making the process easier than ever.
Abbey Wemimo is the co-founder of Esusu. As an immigrant himself, Wemimo's mother practiced esusu and used that financing strategy to send Wemimo to school.
Wemimo explains that the main focus is to create a platform for immigrants and people of color, but of course he would be happy for all Americans to use the platform. Accessibility was a key factor in developing Esusu, which is why Wemimo says the company built a phone-based app.
Coming off of a horrible week for Peloton on the stock market, another character from a TV series died after riding the stationary bike. Mike Wagner on "Billions" was the latest fictional tragedy, just a month after "Mr. Big" suffered a similar fate on the "Sex and the City" reboot "And Just Like That." Peloton tweeted it had not worked with the Showtime series on the episode.
Ann Berry, Chief Investment Officer at Wheelhouse, joined Wake Up With Cheddar to break down why Netflix stock saw such a steep decline in after hours trading on Thursday.
Bill Lawton, Principal Research Engineer AT Georgia Tech Research Institute, joined Cheddar News to break down the latest with the controversial rollout of 5G, as the FAA continues to investigate possible flight disruptions.
Dan Ives, managing director and senior equity research analyst at Wedbush, sat down with Cheddar News' Baker Machado to break down the implications of this deal for both Microsoft and Activision, as well as competitors like Sony.
David Trainer, CEO of New Constructs, joined Cheddar News' Michelle Castillo to discuss what the future may hold for Netflix, as increased competition and slowing subscriber growth cause the stock to tumble.
New York quickly became the sports betting capital in the United States following an electric debut earlier this month. Cheddar News was joined by Chad Kornett, VP of Government Relations for Gaming at Geocomply to dive into the numbers.
