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
Vast Bank Introduces Crypto Banking Service and App
At a time when cryptocurrency is seeing greater mainstream acceptance, one FDIC-insured bank is now making it easier for their customers to trade and hold crypto assets. The Tulsa-based bank Vast has launched its Crypto Banking platform and app, made possible through a partnership with Coinbase and SAP. According to the company, this makes them the first nationally chartered U.S. bank to allow customers to buy, sell, and hold cryptocurrency...
Personal Finance
Money at 30: The Lies We Tell Ourselves About Spending
When brainstorming ideas for my column today, I told my wife that perhaps I could share a tip about saving money on Halloween candy by attending one of the Walt Disney World parties we went to this week instead of buying sweets from the store. Apparently not realizing that I was joking just yet, she quickly noted that, in addition to these event tickets costing over $100, people would also...
Personal Finance
Fractional Trading Platform DriveWealth Raises $450 Million
Another FinTech mega round is in the books as DriveWealth has just announced that it's raised $450 million. The Series D was co-led by Insight Partners and Accel with "significant participation" from Greyhound Capital, Softbank Vision Fund 2, and Point72 Ventures (which previously led the firm's Series C). Returning investor Fidelity International and new investors Base 10, FTX, and FlightDeck also contributed to the round, which valued the company at...
Personal Finance
FinTech Firm One Announces $40 Million Funding Round
Another neobanking app has just closed a significant investment round. This week, FinTech app One has revealed that it raised $40 million. The Series B was led by Progressive Investment Company, Inc. while Obvious Ventures, Foundation Capital, Core Innovation Capital, and others also participated. With the newly-acquired funds, the company says it plans on scaling its team, expanding their product offerings, and growing its user base. Previously, the FinTech raised...
Personal Finance
Survey: 77% of Americans Report Using Delivery Services in the Past Year
It may come as no surprise that, throughout the pandemic, the popularity of delivery services has ramped up. This not only restaurant delivery services such as Uber Eats, Grubhub, and DoorDash but also grocery services like Instacart and several other "to your door" courier options. Now, a survey commissioned by LendingTree and performed by Qualtrics finds that the vast majority of Americans have utilized some kind of delivery platform in...
Personal Finance
Neobank Chime Now Valued at $25 Billion Following Latest Round
So far in 2021, the FinTech industry has been on a winning streak. Between record-breaking investment rounds, major acquisitions, IPOs, and big announcements, the sector has garnered plenty of attention. Now, Chime is earning FinTech even more headlines following its latest eye-popping funding round and valuation. As CNBC reports, Chime has announced that it raised a whopping $750 million in its latest funding round. The Series G was led by...
Personal Finance
