FinTech News
Personal Finance
Survey Finds 42% of Americans Avoided Large Purchases Last Year
Last year proved to be a financial anomaly in many ways — evidenced by a number of dichotomies that emerged. While the loss of employment and other economic issues impacted many Americans, on the whole, consumers saw increased savings rates and credit card payoffs. Now a new survey from WalletHub looks at one potential reason why these latter side effects were possible: many consumers avoided large purchases in 2020. In the...
Credit Card News
Spirit Airlines Refreshes Co-Branded Credit Card Line-Up
As travelers and travel brands look toward a hopeful future, recent weeks have brought news of both new and refreshed co-branded options. This includes an upcoming U.S.-centric Air Canada card from Chase and a pair of cards from Emirates and Barclays among others. Now, Spirit and Bank of America have announced new credit card options for discount air travelers. This refresh comes as the budget airline also introduces a new...
Small Business News
42% of Small Businesses Say They're Considering Building a Mobile App for Their Customers
These days, a major part of being a small business owner is determining which technologies and mediums to invest in and which to skip. For example, many businesses now see the value in social media and the barrier to entry for these platforms is fairly low. Similarly, having your own website may make sense for some operations, giving them greater flexibility than relying on third-party solutions. Still, there's one medium...
FinTech News
Curve Raises $95 Million as It Plots U.S. Debut
Just a few weeks into 2021, the FinTech deals market is already starting to heat up. Last week, London-based Curve announced that it had raised $95 million in its latest funding round. The Series C was led by the trio of IDC Ventures, Fuel Venture Capital, and Vulcan Capital. OneMain Financial and Novum Capital also participated. With the latest round, Curve has raised a total of $175 million to date. With the...
Personal Finance News
Upgrade Introduces Rewards Checking Account
Recent years have brought a flurry of FinTech and so-called neobanks, presenting some attractive alternatives to consumers seeking more for their money. Unfortunately, with interest rates falling tremendously in the past year, the APYs that many of these accounts once offered have been decimated, leaving startups to find other means of luring customers. In that vein, Upgrade (in partnership with Cross River Bank) has announced a new Rewards Checking account...
FinTech News
Gemini Plans Crypto Rewards Credit Card
With Bitcoin and cryptocurrencies once again garnering a ton of public attention, there seems to be a renewed interest in making such assets as accessible as possible. This not only includes the likes of PayPal allowing users to buy Bitcoin and other tokens but also introducing ways for customers to acquire crypto assets. On that note, the FinTech Gemini has just opened the waitlist for its planned Bitcoin rewards credit...
Credit Card News
