FinTech News
Personal Finance
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 data compiled by Clever — using figures from the U.S. Bureau of Labor Statistics, the...
Credit Card News
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 AAdvantage, Emirates Skywards, KLM-Air France FlyingBlue, World of Hyatt, and IHG Rewards. Alternatively, customers can...
Best of the Web
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 about time. Lastly, we'll talk hiding money from yourself, experience spending, and more. As usual,...
FinTech News
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 of over $1 billion, securing Neo's "unicorn" status (at least in Canadian dollars). To date,...
FinTech News
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 lending out their holdings. When users opt into the program, Robinhood will match up lenders...
Small Business News
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 revealed. Taking home the $60,000 grand prize was Wisconsin's Ashland Birth Center, which provides midwife...
FinTech News
