Author: Fioney Staff
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Robinhood Introduces Crypto Learn and Earn Feature
Amid continued bad news in the realm of cryptocurrencies, a popular FinTech app is moving forward with a new feature that will provide customers with more education about certain assets. Recently, Robinhood launched its Learn and Earn program. With this feature, users will be able to dive into the details of certain crypto assets and…
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Pocketnest Raises Fresh $2.6 Million Funding Round
A platform that seeks to educate users about financial topics has closed its second funding round in 2022. This week, Pocketnest announced that it had raised $2.6 million. The latest seed round was led by Reseda Group and follows a $2 million round the company raised earlier this year. To date, Pocketnest has now raised…
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AMC Entertainment Announces Co-Branded Credit Card Offering
During the pandemic, the struggling AMC Theatres got a boost when the company became a hit “meme stock” alongside the likes of GameStop. Since then, the theatre chain has embraced this side of its business, including offering perks to shareholders. Now, the company is prepping for another way to build upon this loyalty, announcing the…
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Small Business Payment Automation Tool Plooto Raises $20 Million
A FinTech that helps small businesses manage their payments just collected some cash of its own. This week, Toronto-based Plooto announced it has raised $20 million USD — or $27 million CAD. The Series B was led by Centana Growth Partners, while returning investors FINTOP Capital and Luge Capital also participated. Previously, the company closed…
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Study: States with the Highest Credit Card Debt-to-Income Ratios
One of the surprising financial developments during that pandemic is that average credit card debt actually declined thanks in part to Americans traveling less and using stimulus checks to pay down balances. However, with inflation and interest rates rising since then, balances have begun to rise once again. Recently, the site Upgraded Points released a…
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Galileo Introduces BNPL Virtual Card Solution for Banks, FinTechs
With the popularity of “buy now, pay later” platforms continuing to rise, the FinTech API provider Galileo has announced new functionality that will give banks and FinTechs an easy way to jump aboard the train. As the company explains, this new feature will enable institutions to issue single-use virtual cards for the purpose of buy…
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Best Western Rewards Reveals Holiday Bonus Point Opportunity
As millions of Americans gear up for their holiday travels, one well-known hotel chain has announced a new promotion that could yield customers some sizable bonuses. Between now and February 5th, Best Western Rewards customers can earn up to 20,000 bonus points over the course of four stays. After their first eligible stay, they’ll earn…
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Robinhood Reveals More Details on Upcoming Retirement Account
After officially announcing plans for retirement accounts during an earnings call last month, Robinhood has now revealed more details about the upcoming feature and opened a waitlist for customers. First, Robinhood Retirement will offer both Roth and Traditional IRAs to users. With these accounts, customers will be able to invest in stocks and ETFs. Additionally,…
