Exploring cryptocurrency and student finances
The crypto era has arrived, and nothing will ever be the same again…
We’ve analysed the spending activity thousands of Blackbullion users to see what this new era of alternative investment opportunities means for students;
We’ve found that:
🪙 Almost 5 times as many students invest as do engage with cryptocurrencies
🪙 One company dramatically dominates the wallet share, attracting 69.5% of all outbound transactions
🪙 The gender spread (85% men -v- 15% women) is expected. However the breakdown of the popularity of crypto trading within various ethnicities was more surprising.
Want to know more? Download the full report
How is the data collected?
Blackbullion offers a range of features and products to students that require them to connect their bank accounts through open banking – working in a similar way to tried-and-trusted products like Apple Pay. In partnership with our FCA-approved Bud, we anonymise and analyse this data.
By representing our community of 330,000 students, we’re able to generate insights into students’ financial realities at local, regional, and national levels with high levels of confidence.
We’re committed to the highest levels of data protection and transparency. This means that we’re focused on delivering value to our students, empowering them to make informed decisions and challenging them on less-than-ideal activity. We share these insights in a way that protects individuals and allows organisations to better understand students’ needs – creating a more positive financial future for Gen Z and Gen Alpha.
Who is Blackbullion?
Blackbullion is the ultimate destination for students to master money management. We’re on a mission to help students develop financial skills and confidence for life. Our products support over 330,000 students to become money smart before, during, and after their studies. We work with more than 75+ universities, colleges and businesses, including Amazon, Nationwide Building Society, and Imperial College London.
