Author: Fioney Staff
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EV Automaker Rivian to Offer IPO Shares on SoFi Invest
In recent years, the true power of retail investors — especially those using FinTech apps such as Robinhood and others — has been on full display. Thus, earlier this year, some of these platforms began offering customers the ability to purchase initial public offerings shares at their list price before they hit the market. Now,…
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Luxury Card Adds Preferred Hotels & Resorts Status Perk for Cardholders
As the travel industry continues to rebound, one credit card issuer has announced a new partnership that will bring hotel benefits to cardholders. This week, Luxury Card revealed that its members can now unlock elite status with the Preferred Hotels & Resorts’ I Prefer program. In turn, customers will enjoy additional perks at more than…
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Freelancer Financial Tool Able Raises $3.2 Million
A FinTech platform that looks to help self-employed creators and freelancers with their money has raised some of its own. This week, Able announced that it had closed a $3.2 million investment. The seed round was led by Elefund while Moonshots Capital, Next Coast Ventures, Signal Peak Ventures, and LocalGlobe also participated. With the funding,…
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American Express Launches Business Checking Account, Debit Card
After years of proving to be a small business ally, American Express has announced a new offering for business owners. This week, Amex introduced its Business Checking account aimed at small and mid-sized businesses. While the offering will connect with existing Amex Business Credit Cards, it will also include a Business Debit Card — the…
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Survey: Majority of Gen Zers Report Making Positive Money Steps
For years, many Americans along with members of the media have often mistakenly referred to freshly-graduated and college students as “Millennials” when, in fact, it’s now Gen Z that is entering adulthood. As they do so, Gen Zers are learning a lot about money — especially during the past 18 months or so. However, as…
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Klarna Announces Strategic Partnership with Stripe
In recent months, news related to “buy now, pay later” (BNPL) platforms has been coming fast and furious. Now, one popular service is expanding its reach thanks to a massive FinTech firm. Today, Klarna announced a strategic partnership with the payment platform Stripe. As a result of the partnership, retailers that employ Stripe can now…
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Mastercard and Bakkt Extend Crypto Partnership
Last week, Bitcoin hit a new record high as interest in digital currencies continues to climb. While the asset’s price has dipped modestly since, that hasn’t dampened the outlook that various FinTechs, financial institutions, and others have for cryptocurrency. The latest example comes from Mastercard, which has just announced an expanded partnership with Bakkt. The…
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Southwest Airlines and Chase Add Benefits to Co-Branded Credit Cards
Continuing a streak of rewards credit card updates, this week Chase and Southwest revealed some changes to their co-branded line-up. However, in this case, the duo have added benefits to the cards while keeping the annual fees where they are. The first changes to the line-up include enhancements to some rewards categories. Now, Southwest Rapid…
