Author: Kyle Burbank
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Robinhood Receives Wells Notice From SEC Regarding Crypto
The FinTech brokerage firm Robinhood has announced that it’s received a Wells Notice from the Securities and Exchange Commission regarding its cryptocurrency features. About the notice and Robinhood’s response: In a filing, Robinhood revealed that the SEC has notified the company that it will recommend that the agency file an enforcement action, alleging securities violations.…
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U.S. Economy Adds Lower-Than-Expected 175,000 Jobs in April
April 2024’s jobs report has arrived — and so have several competing narratives about what it means. About the report: Today, the Bureau of Labor Statistics released its Employment Situation Summary for April. In total, it showed that the United States economy gained 175,000 jobs during the month. That’s well below the 240,000 jobs that economists…
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Barclays Reveals Winners of Fourth Small Business Contest
After launching its fourth annual “Small Business Big Wins” grant contest in February, Barclays has now revealed the winners. About the winners: Barclays reports that more than 4,500 businesses applied for this year’s Small Business Big Wins contest. Following a finalist selection round and a public voting period, a grand prize winner has been chosen.…
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Lessons From a First-Time Home Buyer: The Best Parts of Homeownership So Far
Being a homeowner certainly has some pros and cons. In fact, a couple of weeks ago, I explored some of the downsides I’ve discovered since becoming a homeowner. With that, it’s only fair that I also highlight some of the best aspects as well. Top 5 Things I’m Loving as a New Homeowner Being able…
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Majority of Small Businesses Expect Increased Revenue This Year
In the face of continued uncertainty, a majority of small business owners are still bullish overall. About the survey: This week, Bank of America released its 2024 Business Owner Report. The survey included participation from more than 1,400 small and mid-sized business owners. In this case, a small business is defined as having between $100,000 to $5…
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How to Transfer a Retirement Account to Robinhood Retirement
Earlier this month, as I prepared for my tax-time IRA contributions, I learned two things about my IRA situation. First, I discovered that one Traditional IRA I had changed my investments due to the discontinuation of one of its fund options. Second, I found out that Robinhood Retirement was offering a bonus for Robinhood Gold…
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Branded Customer Wallets FinTech Ansa Raises $14 Million
A FinTech that helps businesses create stored value payment programs has raised a fresh round of funding. About the round: Ansa has announced a new $14 million round. The Series A was led by Renegade Partners while Bain Capital Ventures, B37 Ventures, Box Group, and Wischoff Ventures also participated. This latest round comes almost exactly…
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FinTech Real Estate Platform Backflip Raises $15 Million
A real estate FinTech has revealed its latest funding round. About the round: This week, Backflip announced that it raised $15 million. The Series A was led by FirstMark Capital, while previous investors Vertical Venture Partners, LiveOak Venture Partners, Revel Partners, ECMC, Crow Holdings, and various angel investors also participated. To date, Backflip has raised…
