Author: Kyle Burbank
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American Express Refreshes Gold Card, Increases Annual Fee
American Express has announced a major refresh for one of its flagship cards. About the updates: The Amex Gold Card is getting a revamp for the first time in three years. First, the card will be gaining two new credits. Now, cardholders will be able to earn up to $84 a year ($7 a month)…
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Lessons From a First-Time Home Buyer: When Your Mortgage Servicer Changes
Something I’d absolutely never heard about prior to buying a home was the idea that your mortgage might just randomly be sold to another company. Sure, I was familiar with the concept of companies selling off delinquent debt to collectors, but it never crossed my mind that lenders would elect to transfer their mortgages in…
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Bitcoin Rewards App Fold Announces Plan to Go Public Via SPAC
A Bitcoin-centric FinTech has announced plans to hit the NASDAQ market. About the public offering: Fold is ready to go public. The company revealed that it’s entered into a definitive agreement with the special purpose acquisition company (SPAC) FTAC Emerald Acquisition Corp. As a result of the proposed transaction, Fold will be listed on NASDAQ.…
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Moving from a Health Marketplace Plan to an Employer Plan
In the United States, health insurance coverage has largely been tied to employment. That’s why the Affordable Care Act (colloquially known as Obamacare) not only increased eligibility for employer-sponsored health insurance plans but also introduced insurance marketplaces where those who didn’t qualify for employer plans could find coverage and potentially claim a subsidy. However, because…
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Hello Alice Reveals Small Business Accelerator Expansion for 2024
The small businesses funding platform Hello Alice has announced expansions for its accelerator and Boost Camp programs. About the expansion: Hello Alice is partnering with enterprise partners to grow its Boost Camps accelerator programming. These programs include skill-building and grant opportunities for small businesses in the United States. Some current partners include Progressive Insurance, Antares…
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Sheetz, FNBO Announce Updated Co-Branded Credit Card
A popular gas station and convience store chain has announced an update to its co-branded credit card. About the updated card: Sheetz and credit card issuer FNBO has revealed a refresh for the Sheetz Visa Card. First, Sheetz Visa cardholders will now instantly save 7¢ per gallon with their card. When combined with the 3¢…
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Tax-Advantaged Account Platform Carry Raises $10 Million
An investment platform with an emphasis on tax-saving strategies has raised a new round of funding. About the round: Earlier this week, Carry revealed that it had raised $10 million. The Series A was led by Accomplice VC with “dozens” of angel investors participating as well. According to the company, the funds were raised at…
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Aven Raises $142 Million for Home Equity-Backed Credit Card
A company that offers a home equity-backed credit card has secured a new “megaround” of funding. About the round: This week, Aven announced that it had raised $142 million. The Series D was led by Khosla Ventures and General Catalyst while returning investors, such as Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership,…
