Category: Personal Finance
Personal finance and money management can be very confusing. Most people know that optimizing their finances is important but few feel confident that they have the knowledge to do so.
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Personal Finance
Personal Finance
FinTech Startup Fidel API Raises $65 Million
What's sure to be another hot year for FinTech continued this week as a company that powers cashback platforms and other services revealed an impressive investment. Today, Fidel API announced that it had closed a $65 million funding round. The Series B was led by Bain Capital Ventures while NYCA Partners, QED Investors, and others also participated. To date, the startup raised a total of $88 million, including an $18...
Personal Finance
Money at 30: Life-Changing Money
The term "life-changing money" is one that gets used fairly frequently but has only recently caused me to perk up my ears. It occurs to me that, perhaps, the expression is limiting in its scope. Oftentimes, the phrase is used on game shows when contestants win five or maybe even six figures in prize money. Ironically, while the celebrities they may be playing with are used to seeing such sums...
Personal Finance
Survey: Nearly Two-Thirds Believe Credit Card Balance Myth
Thanks to the Internet and the advent of many free FinTech tools, these days, there are many resources for consumers to turn to when it comes to credit education. In fact, these services seem to be having an impact as average FICO scores continue to reach new highs. Despite this, there are still plenty of mistakes and misconceptions out there. Recently, a survey of more than 1,000 Americans conducted by...
Personal Finance
Bilt Mastercard Now Available to All as Wells Fargo Joins as Issuer
These days, several credit cards emphasize rewards in a variety of spending categories. However, one of the largest expenses that Americans face on a monthly basis has largely been left out of the credit card rewards conversation: rent. That's why, last year, Bilt Rewards was launched as a way for consumers to earn rewards on rent, including the introduction of a credit card that didn't penalize rent payments with fees...
Personal Finance
Money at 30: The Exclusivity Trap
If you're reading this article shortly after it's posted, there's a good chance that I am currently on Disney's Star Wars: Galactic Starcruiser. In case you missed my previous post on the matter, this is a pricey experience — and one that can get even more costly if you let it. Once onboard, while things such as food, beverages (minus alcohol) and, later, park tickets are included with your room...
Personal Finance
Jeeves, A FinTech Startup for Startups, Raises $180 Million
Following a record-breaking 2021, FinTech continues to show strength so far in 2022. Continuing that trend, a startup that offers banking-as-a-service products to other startups has closed a new megaround. Last week, Jeeves announced that it had closed an oversubscribed $180 million round. The Series C was led by Tencent along with participation from GIC, Stanford University, Andreessen Horowitz, CRV, Silicon Valley Bank, Clocktower Ventures, Urban Innovation Fund, and others. Impressively, this...
Personal Finance
