Author: Fioney Staff
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Top 10 Personal Finance Articles of the Month — July 2021
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. First up, we’ll look at some “advice on advice,” as various bloggers push back on common conceptions and “expert” opinions. Then, we’ll assess different money mindsets and how they can…
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Chase Adds Air Canada as Transfer Partner Ahead of Credit Card Debut
At the end of last year, Chase and Air Canada announced plans to launch a co-branded credit card for the U.S. market. While that product is still in the works, the first development in the duo’s partnership has arrived. As of this week, eligible Chase cardholders can transfer their Ultimate Rewards points to their Air…
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“FinTech as a Service” Company Rapyd Raises $300 Million
As a record year for FinTech continues, this week, Rapyd announced that it had raised another $300 million. The Series E round was led by Target Global with participation from new investors Fidelity Management and Research Company, Altimeter Capital, Whale Rock Capital, BlackRock Funds, and Dragoneer as well as returning investors General Catalyst, Latitude, Durable…
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Paychex Small Business Jobs Index Jumps in July
On the heels of news that the United States economy grew 6.5% last quarter, the latest Paychex | IHS Markit Small Business Employment Watch report found a sharp increase in small business job growth as well as a significant bump in hourly wages these businesses pay. In July, the Small Business Jobs Index increased by…
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Walgreens Reveals MyWalgreens Reward Credit Cards
Earlier this year, drug store chain Walgreens announced that it would be partnering with Synchrony and Mastercard to offer a new co-branded credit card to consumers. Now, more details about that planned product have emerged. Walgreens will actually be releasing two separate credit card products: the myWalgreens Credit Card and the myWalgreens Mastercard. While the…
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Square to Acquire Afterpay, Integrate BNPL Into Existing Platforms
FinTech giant Square is once again looking to expand its reach and venture into other aspects of finance — this time setting its sights on “buy now, pay later” (BNPL). Over the weekend, Square announced plans to acquire the Australia-based service Afterpay. With the deal anticipated to be paid in stock, the implied value of…
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Robinhood Flounders in Market Debut, End First Day Down 8%
After years of hype and some high-profile missteps, yesterday the stock trading app Robinhood went public, hitting the Nasdaq under the ticker symbol $HOOD. Unfortunately, the FinTech faltered in its debut, closing down 8% from its opening price. What’s more, the $38 IPO share price was on the low end of the company’s targetted pricing…
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M1 Finance Announces “Owner’s Rewards Card” Credit Card
Following a flurry of FinTech debit cards that have debuted in recent years, it seems as though we’re now seeing a steady flow of intriguing FinTech credit cards. The latest example of this is the Owner’s Reward Card from investment platform M1 Finance. What makes the M1 Owner’s Rewards Card unique is that it will…
