Author: Fioney Staff
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FinTech Credit Card Platform Deserve Secures $250 Million Credit Facility
With the market for specialized rewards credit cards growing, one popular platform has closed a new deal to help fuel it into the future. This week, Deserve revealed that it had secured a $250 million credit facility from Goldman Sachs, Cross River, and Waterfall Asset Management. Previously, the company raised a $50 million Series D…
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Study: Average Worker Spends $8,467 on Commuting Costs Each Year
How much time per year do you spend driving to or from work? On top of that, how much does commuting cost you on an annual basis? If you’re like the majority of workers, the answer could be as much as hundreds of hours and thousands of dollars, as a new study highlights. According to…
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Cathay Pacific Joins as Bilt Rewards Transfer Partner
The Bilt Rewards network just got a little larger. This week, Bilt announced that Cathay Pacific has joined as a transfer partner. As a result, users will now be able to convert their Bilt Rewards points into Asia Miles at a 1:1 rate. Cathay joins a growing list of other travel partners, including American Airlines…
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Top 10 Personal Finance Articles of the Month — April 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. With spring having sprung, we’ll start things off with some spring cleaning — both for your home and for your finances. Then, we’ll look at a pair of articles all…
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Canadian FinTech Neo Raises $185 Million at Unicorn Valuation
One of Canada’s fastest-growing FinTech players is celebrating another milestone. This week, Neo Financial announced that it had closed a $185 million round. The Series C was led by Valar Ventures with participation from Tribe Capital, Altos Ventures, Maple VC, Blank Ventures, Gaingels, and Knollwood Investment Advisor. Notably, the round was raised at a valuation…
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Robinhood Rolling Out Stock Lending Feature
Robinhood users who want to potentially get some extra return from their investment holdings may soon have the opportunity to do just that. This week, the app announced the launch of a new Stock Lending feature. According to a blog post on the company’s site, this option will allow investors to earn passive income by…
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Barclays Announces Winners of “Small Business Big Wins” Promotion
Earlier this year, Barclays announced another round of its “Small Business Big Win” promotion after successfully giving more than $200,000 to small businesses in 2020. In total, the bank says that more than 4,750 small businesses applied to participate in the 2021 edition of the contest. Now, the 10 finalists and top winners have been…
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Truist Bank Acquires Long Game Mobile Savings App
After many years and evolutions, the prize-linked savings platform Long Game is entering a new phase after being purchased by one of the largest banks in the United States. Today, Truist Bank announced that it had acquired the gamified savings app. Terms of the deal were not disclosed, but Long Game has previously raised $17…
