Author: Kyle Burbank
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Current Launches a Secured Charge Card: Build Card
A popular neobank has added a new credit-building feature to its platform. About the Build Card. Recently, Current announced the launch of the Build Card. With this option, customers will be able to build personal credit while avoiding taking on debt. The secured product — which Current’s terms bill as a “secured charge card” —…
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Khan Academy Launches Free Financial Literacy Course
Those looking to learn about a number of financial topics now have a new resource to turn to. About the course: This week, Khan Academy announced a new financial literacy course. More accurately, the course is an expansion of a project first announced last year. While the version launched in December of last year included…
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Content Creator Financial Platfrom Karat Raises $70 Million
A charge card and financial platform aimed at content creators has closed a new round of venture funding. About the round: This week, Karat announced that it has raised a new $70 million round. As Crunchbase notes, this includes $30 million in equity and a $40 million debt facility. The equity portion of the Series…
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Experian Announces Expansion of Experian Verify Program
Experian has announced that it’s expanded its real-time income and employment verification tool Experian Verify. About the update: This week, the credit bureau Experian revealed that it was widening the score of its Verify program. With Verify, applicants can opt to share information directly from their employer’s payroll service, allowing creditors to confirm employment and…
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Why the Marriott Bonvoy Brilliant is Suddenly on My Radar
When it comes to travel, I’m often a creature of habit in many ways. For example, if I travel to a city and the hotel I picked works well for me, I’ll stay there every time from then on. You might assume that this would translate to brand loyalty — but it’s actually quite the opposite.…
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Small Business FinTech Platform Nav Acquires Tillful
Two FinTechs focused on small business finance are joining forces following an acquisition. About the acquisition: This week, the small business financial health tool Nav announced that it was acquiring Tillful. As a result of the deal, the company says it will be able to accelerate the development of its data platform as well as…
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MGM Announces New Partnership with Marriott Bonvoy
In a shakeup to the Las Vegas Strip’s hotel scene, MGM and Marriott Bonvoy have announced a new pact that will go into effect this fall. About the partnership: Last week, MGM and Hyatt announced that their long-held partnership would be coming to an end after September 30th. Today, MGM and Marriott Bonvoy revealed a…
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Trunk Tools Emerges from Stealth with $9.9 Million Round
A FinTech specifically made to serve the construction industry has built itself an impressive seed round. About the round: This week, Trunk Tool emerged from stealth mode to announce a $9 million funding round. The oversubscribed seed round was led by Innovation Endeavors with Fifth Wall, Foundation Capital, and others also participating. Furthermore, the company…
