Author: Fioney Staff
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U.S. Economy Adds 467,000 Jobs in January, December Revised Upward
Today, the Bureau of Labor Statistics (BLS) released its January jobs, which included some major surprises. First, the latest report shows that the economy added 467,000 jobs during the month. This far exceeded the 150,000 economists had projected — with some even bracing for a negative number — due to the impacts of the Omicron…
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SoFi Officially Acquires Golden Pacific Bancorp, Becomes SoFi Bank
Whether you’re a FinTech observer or an everyday American, you’ve probably heard the name “SoFi” a lot lately. For the latter group, that’s likely because this year’s Super Bowl is set to be held at SoFi Stadium in Los Angeles. Yet, outside of that high-profile naming rights deal, the startup has continued to make headlines…
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Upgrade Launches Cashback Shopping Portal for Card Customers
Fans of the FinTech service Upgrade could now have a new option for shopping online. This week, the company announced the launch of Upgrade Shopping — a new shopping portal available to Upgrade Card customers. With the new platform, cardholders can earn cashback on purchases from more than 20,000 local and national merchants. For online…
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FloatMe Announces $16.2 Million Funding Round
For years, overdraft fees have been the bain of many consumers’ banking lives. While a mistake or late payday might lead their account to fall just below $0, their debt would be exacerbated by a fee of $35 or more — with additional fees hitting as more negative transactions arose. Now, a FinTech whose aim…
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25 Best Personal Finance Articles of 2021
Every month here on Dyer News, we compile the Top 10 Personal Finance Articles of the Month. These lists consist of blog entries and posts that we appreciated or found interesting and that we felt deserved some additional recognition. Well, with 2022 having arrived, we decided to look back over the previous year to assemble…
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Funding Circle, Nationwide Launch Partnership to Assist Small Businesses
Small business lender Funding Circle and popular insurance company Nationwide are teaming up. Billed as the first collaboration between an online lender and leading property and casualty insurer, the two companies are aiming to increase access to financing and resources for small business owners. As a result of the partnership, business owners will be able…
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UBS to Acquire Roboadvisor Wealthfront for $1.4 Billion
Earlier this week, Hazel — a company backed by Walmart and Ribbit Capital — made headlines by revealing plans to purchase both One Finance and Even. While the deal was notable for its novelty and the potential scale that Walmart offers, it didn’t take long for it to be topped by another major FinTech acquisition.…
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Survey: Majority of Shoppers Plan to Make More Large Purchases in 2022
If there’s been a theme for 2022 so far, it’d have to be “cautious optimism.” After nearly two full years of pandemic life — including multiple setbacks — Americans now seem ready to get back to normal ASAP. Displaying that optimism once again, the latest survey from WalletHub shows that many consumers are now ready…
