FinTech News
FinTech News
FinTech Money View Nears Unicorn Status with $75 Million Round
An India-based FinTech is closing out the year by announcing its second significant funding round of 2022. As TechCrunch reports, Money View has raised a $75 million round. The Series E was led by Apis Partners with existing investors Tiger Global, Winter Capital, and Evolence also participating. However, Money View notes that the round is not yet closed and it expects to add to this latest total. This follows a...
Personal Finance News
Majority of Americans Found 2022 to Be Economically Difficult
With 2022 coming to a close, many are now looking ahead to the new year. Unfortunately, it seems that some consumers have had a rough financial year that's left them pessimistic about what's ahead. According to Slickdeals' survey of more than 2,000 Americans, 58% of respondents described 2022 as being "economically difficult." This was a major change from 2021 when only 15% of those surveyed said the same. In fact,...
FinTech News
Apex, Unifimoney Partner for Community Bank Investment Services
Two FinTech firms are joining forces in a bid to bring more financial services to smaller traditional banks and institutions. Recently, Apex FinTech Solutions and Unifimoney announced a partnership that will bring new services to customers of community banks and credit unions. Together, the companies will allow those institutions to offer investment services to account holders. These offerings could include Robo Advisory as well as stock and ETF trading. Apex...
Personal Finance News
Survey Finds Majority of Millennials Willing to Change Banks
As the year comes to a close and Americans set resolutions, it looks as though a number of consumers will be seeking a new banking account in 2023. A recent survey conducted by the FinTech M1 found that 71% of Millennials surveyed would consider changing their primary bank in order to receive a higher annual percentage yield (APY) on their funds. That figure rose to 79% among those intending to...
FinTech News
FinTech Future Partners with Volkswagen for Carbon Calculator
In a bit of surprising news, a growing financial technologies startup has announced a partnership with a major auto manufacturer. This week, Future announced a collaboration with Volkswagen. According to Future, VW will be employing the company's Electric Vehicle Calculator on its website to help customers measure the carbon impact of driving. Specifically, the tool will allow drivers to see how their carbon emissions will be lowered by switching from...
Money Management
Buy Now, Pay Later: A Look at Some Popular BNPL Platforms
If you've watched television, visited a retail store, or shopped online in the past few years, you've almost undoubtedly heard about "buy now, pay later" or at least encountered one of the companies offering such options. Not only has the number of BNPL services grown in recent years but the number of consumers turning to these services has continued to climb as well. Yet, while the popularity of these platforms...
Personal Finance News
