Author: Fioney Staff
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ZenGo Introduces Interest-Earning Crypto Account Product
Even if the general public still associates all cryptocurrencies solely with Bitcoin, the space has been expanding and evolving in recent months. This includes the entry of offerings that give consumers new ways to invest in and benefit from crypto. Take, for example, efforts from ZenGo. As TechCrunch reports, the crypto wallet ZenGo has introduced…
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Kabbage Introduces Kabbage Insights For Small Business Owners
For small business owners, cash flow is critical. That’s largely why online lending platforms catering to small businesses have grown, offering entrepreneurs speedy access to crucial funding. Among these increasingly-popular lenders is Kabbage, with a customer base of more than 220,000. This past week the company introduced a new tool dubbed Kabbage Insights to assist…
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Top 10 Personal Finance Articles of the Month — February 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. To start things off, we’ll look at posts related to debt and spending. Then it’s on to investing — including mistakes, strategies, and numbers to know. Finally we’ll talk about background…
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U.S. Adds 273,000 Jobs as Economy Braces for COVID-19 Impacts
This morning’s jobs report shows the United States economy adding an incredibly strong number of jobs during the short (but one-day longer than normal) month of February. Moreover the underline unemployment rate fell once again. However it seems difficult for economists to focus on that when several unknowns threaten to impact conditions going forward. As…
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Investment App Public.com Raises $15 Million From Some Big Names
In less a year’s time, the face of investing has changed dramatically. Between Charles Schwab first cutting its trade fees to $0 (a move that was later matched by several other discount brokerages) and then announcing an acquisition of TD Ameritrade, things are certainly looking different than they once did. Now Public.com is looking to…
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Outages Plague Robinhood on Back-to-Back Days
Since launching in 2013, Robinhood has definitely made its mark on the world of FinTech. Of course, by offering users the ability to trade stocks without paying commissions, it’s also helped democratize the world of investing, making it a go-to for many market newbies. At the same time, the company has endured some struggles and…
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Federal Reserve Cuts Interest Rates as COVID-19 Spreads
When the United States Federal Reserve cut interest rates by a quarter-point in October, it was expected that no further cuts would occur in 2020. However, with the novel coronavirus — officially known as COVID-19 — threatening the global economy, the Fed made the rare move of adjusting their benchmark rates outside of their regular…
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FinTech Investments Topped $34 Billion Last Year
If it weren’t already clear, 2019 was a good year for FinTech. In addition to a profile boost that companies such as Robinhood and SoFi have enjoyed, it seems that numerous startups saw significant new investments. In fact, as a new report from CB Insights shows, FinTech startups raised nearly as many funds in 2019…
