Author: Fioney Staff
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FinTech Firm Asset Class Raises $11.6 Million Funding Round
A financial technology company that aims to help “democratize private capital investing” has just gained an investment of its own. This week, Asset Class announced that it had raised $11.6 million in funding. The Series A was led by Canapi Ventures, which is a FinTech-focused VC. New and returning investors including Live Oak Ventures, Plexus…
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FNBO and BP Announces BPme Rewards Visa Credit Card
With gas prices across the nation still higher than normal (despite oil prices falling for four straight weeks now), BP and First National Bank of Omaha (FNBO) have unveiled a new rewards credit card for customers. With the BPme Rewards Visa, cardholders can earn discounts on gasoline, as well as cashback on everyday purchases. First,…
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Klarna Officially Closes $800 Million Down Round
The popular “buy now, pay later” app Klarna has confirmed its latest investment round. Following reports last week, the FinTech has now officially announced that it’s raised $800 million in funding. The round builds upon a $639 million venture round the company closed in June 2021. However, while the earlier round valued the company at…
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U.S. Economy Adds 372,000 Jobs in June
In the face of recession fears, the United States jobs market continued to add jobs last month. According to a new Bureau of Labor Statistics report, the economy gained 372,000 jobs in June. As noted by CNN Business, that well outpaces the 272,700 jobs the economists surveyed had anticipated. Meanwhile, the unemployment rate stayed steady…
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Survey Finds Americans Relying More on Credit Cards
With the economy hitting some sour notes, it looks as though the use of credit is on the rise. According to Credit Sesame’s latest Personal Finance and Credit survey, Americans are relying more on credit cards now than they were last year. In fact, the percentage of respondents who reported using more than half of…
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Increased 2022 Business Mileage Rates Now in Effect
Over the past several months, drivers in the United States have been feeling the proverbial “pain at the pump” as gas prices across the nation have reached record highs. While this has impacted vacationers, commuters, and many others, it’s also affected small business owners who use their vehicles for work. In recognition of this, the…
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Zilch Adds $50 Million to Latest Funding Round
Despite some reversals of fortune in FinTech as of late, a growing U.K.-based firm has announced an additional investment. Recently, Zilch announced that it had extended its round with an additional $50 million in funding. The added funds bring their Series C to a total of $160 million, while the company has now raised $460…
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Top 10 Personal Finance Articles of the Month — June 2022
It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. To start, we’ll take another look at financial independence and freedom. Then, with the housing market going a bit crazy lately, we’ll feature a pair of articles on home buying.…
