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FinTech Affirm Brings Financing to Walmart Shoppers

Over the past decade or so FinTech firms have strived to make financing more transparent, efficient, and affordable. In turn they’ve also helped give customers who may not qualify for traditional financing more options to choose from. One of the companies at the forefront of this movement is Affirm — and the company just landed a major new client. Affirm recently announced that it was partnering with Walmart to bring...

2019 Tax Preparation: What to Consider From Deductions to Online Filing Services

When it comes to preparing and filing your taxes, there are now several online resources you can turn to. Given this abundance of options, it's worth taking a look at several different services and what separates them from the rest of the pack.
Fraud Alert

Survey Shows Small Business Owners May Be Naive About Fraud Risks

Technological advances have long been a boon to entrepreneurs, allowing them to run their businesses more effectively than ever before. At the same time these technologies can also be exploited by fraudsters to harm costumers and businesses alike. What’s more it seems that many entrepreneurs do not believe they are susceptible to such scams because of their business’s small size. According to a new survey from Emailage (reported on by...
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Rakuten vs. Ebates — What's Changing With the Cashback Tool

Lately you may have seen commercials teaching you how to pronounce "Rakuten." Of course these spots aren't just about phonics but about earning cash back. This is driven home by the tagline, "Rakuten: A more rewarding way to shop." If that's the case, how does Rakuten compare to established cash back tools such as Ebates? Well, spoiler alert: they're actually one and the same. Although Rakuten purchased Ebates back in...
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U.S. Trade Deficit Rises to New Record in 2018

Over the past year one of the biggest financial and economic stories has been President Trump’s use of tariffs on goods from China and other countries. Even before becoming President, then-candidate Trump frequently railed against the trade deficits we hold with various nations. However, despite efforts to curtail these deficits, new figures show that they actually reached a record high in 2018. As the New York Times reports, new data...
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How to Budget for Purchasing Your First Home

So, you’ve finally made the decision. It’s time to stop throwing away money at rent every month and purchase your first home. But how do you get from paying a landlord to being an independent homeowner? If you’re like most first-time homeowners, you’re overwhelmed and stressed at the idea of purchasing a house. There are many unknowns in the process — so it’s important to start saving up in advance...
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A Look at FinTech's "Minotaurs"

Have you ever encountered a minotaur? Well, a minotaur company, that is? Just as the name “unicorn” has become a popular term for private companies valued at more than a billion dollars, Axios has coined the term “minotaur” to describe startups who have raised upwards of one billion in funding. In all the site found 55 such companies around the world with three of them coming from the FinTech space....
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One-Third of Small Business Owners Report Losing Motivation

Starting a new business can be extremely exciting as the fruits of your labor and vision are realized. Unfortunately, as time goes on and as that shine wears off, some entrepreneurs may find themselves feeling less motivated to manage their businesses. If that’s the way you’re feeling, it may be nice to know that you’re certainly not alone. According to a recent study by Vistaprint (as shared by Small Business...
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A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...
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Brim Financial Raises $85 Million as It Eyes Global Expansion

Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
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Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories: Amazon.com, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...