Author: Kyle Burbank
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Bilt Raises $250 Million, Announces “2.0” Card Line-Up
Bilt has not only announced another mega-round but also a fresh eleven-figure valuation and new expansion details. About Bilt’s Latest Funding Round: Today, Bilt announced that it had reaised $250 million in new funding. Moreover, this new round values the company at $10.75 billion. The round was led by General Catalyst and GID with United…
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Lessons From a First-Time Home Buyer: Navigating Our First Serious Power Outage
Last weekend, following another brief but powerful windstorm, we were left without power. Although we’ve had our power go out for a couple of hours here and there since moving to our house, this was the first time that we and a large section of our neighbors were left sans electricity for several hours. And…
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Nibbles Adds Automatic Pet Insurance Claims, Drops Annual Fee
A recently launched rewards credit card is already making some big changes, including adding another unique feature. About the Nibbles Card’s Automatic Claims: Nibbles is making it even easier for its credit card customers to file pet insurance claims. The rewards card (which includes pet health coverage) has now announced Automated Claims Processing. According to…
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Study: Wells Fargo Scandal Helped Drive FinTech Adoption
A newly-released study from the University of California Davis finds that a scandal at a major American bank may have contributed to the rise of FinTech lenders. About the Study’s Findings: According to a new study, the financial scandal involving Wells Fargo pushed some consumers toward financial technology platforms. The paper, titled “Trust as an…
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American Express to Devalue Emirates Skywards Transfers
Those hoping to turn their Amex Membership Rewards points into Emirates Skywards miles will soon see a devaluation. About the American Express-Emirates Skywards Miles Update: American Express is set to lower its transfer rate to Emirates. Starting September 16th, Membership Rewards points will transfer to Emirates Skywards at a rate of 5:4 — meaning 5,000…
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Walmart Offering 50% Off Annual Walmart+ Membership
Those looking to join Walmart+ can currently do so at a discount. About the Walmart+ Limited Time Offer: For a limited time, new Walmart+ members can join for half the regular annual cost. Through July 15th, Walmart is offering a one-year membership for $49 — versus the regular $98 fee. Note that this offer is not…
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American Express Gold Card Offering “Up to” 100K Point Bonus
American Express is (potentially) upping the welcome bonus for another one of its signature cards. About the Amex Gold Card’s Elevated Offer: The American Express Gold Card is now offering an enhanced welcome bonus — for some, that is. Now, new cardmembers can earn up to 100,000 bonus Amex Membership Rewards points after spending at…
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Acorns Acquires Family Finance Platform Zeta
Acorns is adding a fellow FinTech app’s assets to its platform. About the Acquisition: Recently, Acorns announced that it had acquired the app Zeta. As a result of this transaction, Zeta cofounders Kevin Hopkins and Aditi Shekar have joined the Acorns team. Financial details about the acquisition were not disclosed. As Acorns notes, this marks…
