FinTech News
Small Business News
Only 12% of Millennial Entrepreneurs Carry Small Business Insurance
When it comes to running a small business, there are several things that can go wrong. From the growing threat of cybersecurity breaches to the potential for natural disasters to impact their businesses, entrepreneurs have plenty to worry about. Despite this it seems that only a small number of younger business owners are protecting their businesses via various commercial insurance policies. According to a survey by Liberty Mutual Insurance, just...
Personal Finance News
Survey Finds Finances More Stressful Than Politics, Work
It probably comes as no surprise that many America adults feel at least some anxiety about money. But how does financial stress compare to other anxiety-inducing categories? According to a new survey conducted by Capital One's CreditWise service, money tops the list of stresses for nearly three-quarters of consumers. With 73% of the survey's 2,202 adult respondents reporting that their finances were a source of stress for them, easily beating...
FinTech News
Venmo Announces Credit Card to Launch Next Year
It looks like Venmo is getting into the credit card game. The reveal of plans for a Venmo card came as the app's parent company PayPal announced it was expanding its relationship with Synchrony. As a result, the bank will be the exclusive issuer of the upcoming card. While few details about the Venmo credit card were offered, the press release does note that it will "combine Venmo's expertise in...
Personal Finance News
WalletHub Study Ranks States By Identity Theft Vulnerability
Throughout this Millennium so far, we've heard a lot about the threats of identity theft, online fraud, and other cybercrimes. Moreover we've all heard horror stories about how much victims have lost as a result of these attacks and about the lengths they had to go to just to restore the status quo. Given the fact that these problems only seem to be growing and not going away, WalletHub recently...
FinTech News
Upgrade Inc. Introduces Upgrade Card Credit Card
Last year the FinTech lender Upgrade announced it was launching a new personal line of credit option for its customers. At the time the company's co-founder and CEO (and former Lending Club head) Renaud Laplanche declared, “We’re going to replace credit cards.” Now, 18 months later, Upgrade is actually introducing a credit card of their own — although the Upgrade Card bears some important distinctions from typical credit card products. The...
Small Business News
U.S. Small Business Administration Lending Tops $28 Billion in FY19
For most of us, 2019 won't come to a close until December 31st. However, for several corporations as well as the Federal Government, October 1st marked the beginning of a new fiscal year. Among the agencies looking back at the year that was is the Small Business Administration, who recently released data regarding the number of loans it issued over the past year. According to the SBA, it guaranteed more...
Personal Finance News
