Personal Finance
Credit Card News
Credit One Refreshes Wander Card with New Travel Rewards
Less than one year after introducing its Wander rewards credit card, Credit One is revamping the offering. Specifically, while the original card featured rewards geared toward outdoor enthusiasts, the updated card bears more in common with traditional travel cards. One of the biggest changes to the Wander card is its rewards category line-up. Now, cardholders will earn 10 points per dollar spent on hotel and rental car purchases made through...
FinTech News
Payments Platform Highline Closes $13 Million Funding Round
A payment platform that could benefit both consumers and lenders has closed a significant early-stage funding round. This week, Highline Technologies announced that it had raised $13 million. The Series A was led by Jump Capital, Costanoa Ventures, and Foundation Capital with participation from other investors. It also follows a $4.5 million seed round that Highline raised in February. With the added funds, the company plans to continuing fueling its growth, including hiring more...
Small Business News
Hello Alice Launches Small Business Credit Card
Hello Alice, a free platform launched to help small businesses grow while also promoting inclusivity, has introduced its latest offering: the Hello Alice Small Business Mastercard. In addition to providing entrepreneurs with expert business advice and insights, this new card will also enable small business owners to earn cash back on their purchases. First, the Hello Alice Small Business Mastercard earns 4 points per dollar spent on eligible wireless telephone...
Personal Finance
Bank of America and Grubhub Partner for New Cardholder Benefit
Hungry Bank of America customers looking for a discount on their food delivery may be in luck. Now, select BofA cardholders will be able to claim one year of Grubhub's Grubhub+ service for free. With Grubhub+, they'll receive free delivery on orders over $12, donation matching when they round up their change for charity, and more. The one-year extended free trial is available to eligible BofA credit, debit, and small...
FinTech News
Pomelo Announces $20 Million Venture Capital Funding Round
A FinTech with a unique way to help families send money across borders is exiting "stealth mode" and announcing a seed round. This week, Pomelo announced that it had raised $20 million. In addition to the venture capital, the company also secured $50 million in warehouse facility. Keith Rabois of Founders Fund and Xoom co-founder Kevin Hartz led the round while Afore Capital, Xfund, Josh Buckley, The Chainsmokers, and Abel Tesfaye...
Credit Card News
WebBank to Issue Credit Cards on the American Express Network
Soon, select credit cards offered by financial technology firms could be bearing a different logo. This week, WebBank and American Express revealed a new partnership that will see the bank issuing cards that operate on the Amex network. In particular, Amex expressed interest in working with WebBank due to their FinTech focus. With this deal, WebBank cardholders with American Express network cards will have access to additional benefits, such as...
FinTech News
