Author: Kyle Burbank
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Report: Varo Bank Raises $29 Million Series G, Replaces CEO
According to reports, Varo Bank has not only raised a new round of funding but has also named a new Chief Executive Officer. What’s happening at Varo: As TechCrunch reports, per an SEC filing, Varo has raised a $29 million Series G. However, the FinTech bank had apparently been seeking $55 million in funding. Moreover,…
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Capital One and Discover Shareholders Approve Acquisition Deal
One year (nearly to the day) after Capital One’s plans to purchase Discover Financial were announced, shareholders for both companies have given the transaction the green light. About the vote and acquisition: In a Special Meeting of Stockholders held on February 18th, the proposed transaction that will see Capital One acquiring Discover was approved. More than…
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Southwest Announces Latest Companion Pass Flash Promotion
For a limited time, Southwest fliers can score a promotional Companion Pass, good for use later this year. About the offer: Southwest Airlines is bringing back its popular Companion Pass flash offer. First, customers can register for this promotion and must book a flight (one round-trip or two one-way) on the airline between now and…
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Banking Tech Provider Zeta Announces $50 Million Funding Round
The banking technology company Zeta has announced its latest funding and a milestone valuation. About the round: This week, Zeta announced that it had raised an additional $50 million. While the company didn’t specify, this was a Series D according to Crunchbase. The site also states that the round was led by Optum. Notably, the…
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“Buy What You Love Without Going Broke” Book Review
Last month, while reviewing George Kamel’s book, I noted that I had learned about him through his appearance and my attendance at FinCon 2024. That’s the backstory with this month’s book selection: Buy What You Love Without Going Broke by Jen Smith and Jill Sirianni (hosts of the Frugal Friends podcast). In fact, after her…
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SoFi Introduces New Benefits for SoFi Plus Membership Product
The financial services mega app SoFi is introducing new perks for SoFi Plus membership. About SoFi Plus: SoFi’s membership product SoFi Plus now offers customers an estimated $1,000 in annual value thanks to some key benefits. First, SoFi Plus members can earn an unlimited 1% invest rewards match, meaning that customers with recurring SoFi Invest…
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Lessons From a First-Time Home Buyer: Average Annual Homeowner Expenses vs. Mine
In one of my daily searches for financial news recently, I came across a report from the site Real Estate Witch (which is owned by Clever Real Estate) detailing how much the average American homeowner spends on their house — not even including their mortgage. What it found was, heading into 2025, the average per…
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Fold Open Waitlist for Its Bitcoin Rewards Credit Card
The Bitcoin rewards app Fold has launched a waitlist for its long-anticipated credit card. About the Fold Credit Card: Fold, in partnership with Visa, is preparing to debut the Fold Bitcoin Rewards Credit Card. This week, the app opened a waitlist for the new product. Those who sign up will gain early access to apply…
