Category: Personal Finance
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Personal Finance
Personal Finance
Trunk Tools Emerges from Stealth with $9.9 Million Round
A FinTech specifically made to serve the construction industry has built itself an impressive seed round. About the round: This week, Trunk Tool emerged from stealth mode to announce a $9 million funding round. The oversubscribed seed round was led by Innovation Endeavors with Fifth Wall, Foundation Capital, and others also participating. Furthermore, the company announced that it had been accepted into the latest Stanford dy/dx program. With the new...
Personal Finance
TheStreet and Tornado Launch Investing News and Education App
Well-known finance site TheStreet and FinTech brokerage platform Tornado have debuted a new mobile app that merges the strengths of each. About the app: The new app called TheStreet powered by Tornado is now available for iOS and Android free of charge. According to the two companies, the app combines breaking investment news from TheStreet with Tornado's tech, data, and "a vibrant investing community." Among the features called out in...
Personal Finance
Why I've Finally Been Consolidating My Bank Accounts
As I've mentioned many times over the years, I have far too many banking accounts. At this point, the number would probably be best described as "dozens" (although several of FinTech accounts I've tried have folded over time). However, in more recent months, I've found myself consolidating the number of places in which I keep my cash. While I've always maintained a few primary accounts amid my growing list of...
Personal Finance
Walmart Announces Special Deals for Walmart+ Day
What's a Prime Day? Walmart has announced some special offers for its own retail event: Walmart+ Day. About the offers: From July 11th through 13th, Walmart will celebrate Walmart+ Day. During this event, it will offer a number of deals on various items. While these sales are available to all shoppers, Walmart+ members can enjoy early access. What's more, members can now take advantage of other special offers. First, current...
Personal Finance
United States Economy Adds 209,000 Jobs in June 2023
The Labor Department has released its June 2023 jobs report, which also includes some amendments to previously results. About the report: According to the U.S. Bureau of Labor Statistics, the economy added 209,000 jobs in June. Although this continued a 30-month streak of added jobs, June's figure was the lowest since December 2020. It's also lower than the 240,000 jobs economists surveyed by the Wall Street Journal expected. What's more,...
Personal Finance
On-Demand Worker Pay FinTech Clair Raises $175 Million
A FinTech that helps workers receive their pay in a more timely manner has raised a new round of funding. About the round: Clair has announced that it's raised a total of $175 million. This round includes $25 million in equity as well as a $150 million debt facility. As for the equity portion, it was led by returning investor Thrive Capital with participation from Upfront Ventures and Kairos. Additionally,...
Personal Finance
