Author: Fioney Staff
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Bringing Customers Back to Your Small Business After Reopening
Following several weeks of voluntary and mandatory closures across the country, small businesses are beginning to reopen their doors. With many owners looking to recoup some of their recent losses and support their staffs, the hope is that customers will return as soon as possible. While there’s no guarantee that will happen, there may be…
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Average Mortgage Rate Falls Below 3%
Those looking to buy a home or to refinance may encounter lower interest rates than they have before. According to Mortgage News Daily, the average rate for a 30-year fixed mortgage fell to just 2.97% last week. That marks a new record low as the economy continues to experience impacts from the coronavirus pandemic. With…
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Celsius Looking to Raise $15 Million from BnkToTheFuture Community, Not VCs
Under normal circumstances, a FinTech startup looking to grow would solicit various venture capital (VC) firms in the hope of finding investors. This is something we’ve seen a lot of lately, such as the crypto trading platform FalconX recently raising $17 million. However, just as cryptocurrencies boast a decentralized financial network, some startups are finding…
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Qube Money Announces Partnership with Galileo for Innovative App and Debit Card
When it comes to the financial technologies field, it would seem that many startups view themselves more as cohorts than strictly competitors. That dynamic has been evident from the widespread adoption of Plaid among personal finance apps to the recent team-up of crypto tax service providers. This week, another tag-team was born as Qube Money…
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Paycheck Protection Program Flexibility Act Adjusts Popular Program
As businesses across the country slowly begin to reopen their doors, those entrepreneurs who took out Paycheck Protection Program (PPP) loans are getting some new updates. For the unfamiliar, the initiative was initially introduced as part of the better known CARES Act and brought $349 billion in loans to small businesses. However, the first round of…
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Varo Raises $241 Million in Funding Ahead of Bank Charter Approval
Once again, despite the challenges the current pandemic has brought upon the U.S., FinTech firms are still closing major deals. Last week Varo announced that it had just concluded a $241 million funding round. The impressive Series D was co-led Gallatin Point Capital and returning investor The Rise Fund. Other participants include HarbourVest Partners and…
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Top 10 Personal Finance Articles of the Month — May 2020
It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. We’ll start things off with some more looks at money during a pandemic. Then, we’ll talk about changing financial directions. Finally, we’ll cover saving on groceries, investing as newlyweds, when…
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U.S. Economy Regains 2.5 Million Jobs in May
Ever since the start of lockdown amid the coronavirus crisis in the United States, it was clear that the nation would be in for some rough jobs reports. Sure enough, the country has seen multiple record-breaking weeks of new jobless claims as well as a major spike to the unemployment rate. While economists had braced…
