Author: Fioney Staff
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Capital One Introduces Student Versions of Two Popular Rewards Cards
As college students gear up for another semester, credit card issuer Capital One is unveiling some new reward credit card options aimed at those looking to build their credit. Rather than start from scratch on a new product, Capital One has introduced student versions for two of their popular rewards cards: SavorOne and Quicksilver. The…
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Neobank Chime Now Valued at $25 Billion Following Latest Round
So far in 2021, the FinTech industry has been on a winning streak. Between record-breaking investment rounds, major acquisitions, IPOs, and big announcements, the sector has garnered plenty of attention. Now, Chime is earning FinTech even more headlines following its latest eye-popping funding round and valuation. As CNBC reports, Chime has announced that it raised…
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U.S. Bank Set to Acquire Small Business Banking Service Bento
A FinTech and a major financial institution are coming together to offer better solutions to small business owners. This week, U.S. Bank announced plans to acquire the San Fransisco-based Bento Technologies — better known as Bento for Business. The purchase terms of the deal were not disclosed but the transaction is expected to close next…
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Upgrade Announces $105 Million Round at $3.3 Billion Valuation
Another FinTech megadeal is in the books as Upgrade has just announced that it raised $105 million in its latest investment round. The Series E was led by Koch Disruptive Technologies (KDT) with BRV and Ventura Capital also participating. To date, Upgrade has raised a total of $307 million, including a $40 million Series D…
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Venmo Adds Automatic Cryptocurrency Rewards Option to Credit Card
With interest in cryptocurrencies continuing to expand, another brand is adding crypto support to its credit card offering. Venmo has announced its new Cash Back to Crypto program for Venmo Credit Card customers. With this new option, cardholders can elect to automatically purchase cryptocurrency with the cashback rewards they earn each month. Additionally, those who…
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Chase Announces Revamped Rewards for Sapphire Cards
Following a big update to the American Express Platinum card last month and with Chase recently refreshing its Freedom card line-up, the latter company is now turning to its Sapphire brand for a revamp. This week, Chase announced new benefits for the Sapphire Preferred and Sapphire Reserve cards, which will go into effect on August…
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GasBuddy Data Shows Gas Prices Continue to Rise Nationwide
With more Americans hitting the road once again, motorists may be noticing rising gasoline prices. In fact, new data from the gas price tracking tool GasBuddy shows that the average price at the pump increased yet again last week. According to the latest figures compiled by the app (using data collected from more than 150,000…
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Credit Karma Money Adds Bill Tracking Features for Accountholders
The past few years have been busy ones for Credit Karma. In 2019, the free credit score site — which is now owned by Intuit — launched Credit Karma Savings. Later, when an accompanying checking account was added to the mix, the name was changed slightly to Credit Karma Money, including both Save and Spend…
