Credit Card News
FinTech News
Viola Credit Closes $700 Million Fund That Will Lend to FinTech Startups
A global alternative credit asset manage firm just raised a lot of money in hopes of partnering with financial startups. Viola Credit announced the closing of a $700 million fund. The fund — known as Viola Credit Alternative Lending Income Fund II — will focus on offering asset-based lending capital solutions to FinTechs, including those in the PropTech (property tech) and Insurtech spaces. Specifically, Viola plans to partner with startups in...
Small Business News
Small Businesses Note Long-Term Optimism Despite Current Challenges
With 2022 nearly halfway done already, this year has proven to be a volatile one for small business owners. Yet, a recent Chase survey of 1,000 small business owners found that, on the whole, these entrepreneurs are still feeling fairly positive about the future. That said, the 2022 Small Business Survey also highlighted some of the current challenges business owners face along with some of the actions they're taking as...
Small Business Tips
Credit Strong for Business Overview
For small business owners, business credit can be a bit of a mystery. Not only are there separate business credit bureaus but they often have different scoring models than those consumers are familiar with. Further complicating matters is that, in some cases, business owners will rely on their personal credit to obtain financing for their businesses, perhaps leading them to not even know that business credit exists. However, with Credit...
Personal Finance
WalletHub Names Best Hotel Rewards Program for 2022
With Memorial Day weekend upon us, the summer travel season is now getting underway. Unfortunately, thanks to record-high gas prices, those hitting the road for the holiday weekend might find themselves spending more than usual. However, when it comes to hotel stays, loyalty programs may help travelers save this summer and beyond. On that note, the personal finance site WalletHub recently published its list of the top hotel rewards programs...
FinTech News
Crypto Tax Platform ZenLedger Raises $15 Million
For years, the tax situation regarding cryptocurrencies has been a bit of a hot topic. In particular, despite not always providing the best guidance, the IRS has repeatedly upped its enforcement of crypto tax rules — even moving a question about crypto to a very prominent spot on the agency's Form 1040. Now, a startup that specializes in crypto taxes has revealed a new round of funding that will help...
Economic News
Gas Prices Reach New Record Highs Ahead of Memorial Day Holiday
With the Memorial Day holiday weekend ahead, motorists are likely to be paying more to fill their tanks. According to the latest figures from GasBuddy, average gas prices hit new record highs this past week — marking the fifth week in a row that prices have climbed. The app's data (collected from more than 150,000 stations across the country) show an average price of $4.57 per gallon, which is up 11¢ from...
Small Business News
