Author: Fioney Staff
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FinTech Zero Raises $20 Million for Its Credit/Debit Hybrid Card
It looks like another FinTech firm is set to help change the way Millennials manage their money thanks to an injection of venture capital. As TechCrunch reports, this week Zero announced it had raised $20 million in Series A funding. This latest round was led by New Enterprise Associates and brings the company’s total equity…
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JP Morgan Economists Lower Q2 2019 GDP Estimate to 1% Growth
The last time the Bureau of Economic Analysis announced the United States’ quarterly gross domestic product growth, analysts were surprised to learn actual growth was 3.2% — far higher than the 2.5% rate that many expected. However economists at JP Morgan aren’t expecting a repeat performance for Q2. In fact they’re slashing their estimates by…
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Facebook’s Digital Currency to Reportedly Be Called “GlobalCoin”
It was only a few weeks ago that word came down that Facebook was still hard at work developing their own cryptocurrency and getting partners on board. Now it seems those plans are firming up, with a potential name and launch timeframe emerging. According to BBC News the digital currency has been referred to internally…
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Small Business Lender Biz2Credit Unveils SaaS Lending Platform for Banks
Online small business lender Biz2Credit had some big news to share this week, announcing the launch of a new software as a service (SaaS) offering for banks. Dubbed Biz2X, the platform will allow institutions to improve their online lending experience for small business users. What’s more, the Biz2Credit says such a solution has already been…
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One-Third of Consumers Say Reward Credit Cards Aren’t Worth the Hassle
When it comes to personal finance experts, the topic of credit cards has been controversial. In one corner you have those like Dave Ramsey who advises followers to stay as far away as possible, citing the high interest rates they carry and the temptation to spend. At the same time there are those who preach…
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Wells Fargo and Barclays Invest in OpenFin’s $17 Million Round
Two major banks are backing a FinTech startup OpenFin in their latest funding round. Not only did Wells Fargo lead the $17 million Series C but Barclay also participated alongside previous investors, including JP Morgan Chase, Bain Capital Ventures, and others. According to Reuters, the company will now put those funds to use creating a…
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U-Pack Review: A More Affordable and Convenient Moving Option?
There are many great benefits to moving that often get overlooked. For example relocating can be a great way to save money or may offer new job opportunities. At the same time there’s no getting around the fact that moving can be a huge pain. This reality has often led to a conundrum: do you…
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Small Businesses Still Feeling Labor Crunch, Holding Back Expansion
With the United States’ jobless rate recently reaching a near 50-year low, small business owners are continuing to find that hiring isn’t so simple. In fact a new study from SurveyMonkey and CNBC finds that 52% of owners say it’s more difficult to find workers today than it was a year ago. As a result…
