Personal finance

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India's SBI to launch digital-only bank

/Personal finance

India's SBI to launch digital-only bank

The State Bank of India (SBI), the country's largest lending institution is to experiment with branchless banking after announcing plans to launch a digital-only bank later this year.

/Personal finance

Personal finance app Clarity Money launches

Clarity Money, a revolutionary personal finance app that acts as your advocate, launches today in Apple’s App Store.

/Personal finance

Regions Bank turns to social media for financial fitness promotion

For the fifth consecutive year, Regions Bank is celebrating Regions Financial Fitness Fridays by offering practical financial education in a meaningful, relevant and even humorous manner.

/Personal finance

Investment app Stash closes $25m Series B funding round

Stash makes investing easier and more accessible for the 100M American consumers with limited access to financial opportunity. It is now the fastest growing mobile investing platform in the United States. Today, Stash announced it has raised $25 million in Series B funding led by Valar Ventures, with participation from Breyer Capital, Goodwater Capital, and Entrée Capital.

BofA adds budgeting tool to app

/Personal finance

BofA adds budgeting tool to app

Bank of America is adding a spending and budgeting tool to its mobile and online platforms, helping customers to track and control their money.

/Personal finance

London savings startup Abaka secures £520,000 investment

ABAKA, an intelligent savings platform powered by Artificial Intelligence, announced today that it has raised £520,000 in seed funding. Anthemis Exponential Ventures, the investment partnership powered by Anthemis Group, a leading venture investment and advisory firm, and Exponential Ventures, the disruptive venture capital arm of MMI Holdings, leads the round.

/Personal finance

PFM startup MoneyLion closes $22.5m Series A funding round

MoneyLion, the mobile personal finance platform that leverages machine learning analytics to enable smarter tools and credit products, today announced $22.5 million in Series A funding led by Edison Partners.

/Personal finance

Finimize completes seed funding round led by Passion Capital

Finimize, the London-based start-up making finance more accessible for millennials, has raised £450k (US$590k) seed funding in a round led by Passion Capital.

Barclays integrates online banking and investing accounts

/Personal finance

Barclays integrates online banking and investing accounts

Barclays has launched a new online direct investing service designed to help customers create a personalised financial plan and work towards their goals with the support of a range of tools and content.

/Personal finance

True Link Financial raises $3.6m

True Link Financial, the leading financial services provider for seniors, today announced the completion of a $3.6 million round of funding with participation from Kapor Capital, Initialized Capital, Symmetrical Ventures, and the Ziegler Link-Age Longevity Fund, LP.

/Personal finance

NerdWallet names Tapan Bhat chief product officer

NerdWallet, the go-to personal finance resource, today announced that Tapan Bhat, veteran technology leader and former Realtor.com Chief Product Officer (CPO), is joining the company as its first CPO.

/Personal finance

Singapore's PiSight launches digital financial assistant

PiSight, a Singapore based Fintech, is announcing the launch of PiMoney, a digital financial assistant platform powered by eWise´s patented account aggregation technology, Aegis.

CommBank uses virtual reality for kids financial education programme

/Personal finance

CommBank uses virtual reality for kids financial education programme

Commonwealth Bank of Australia is trialling the use of virtual reality technology to teach young children about money management.

/Personal finance

E*Trade unveils emotional triggers for digital investing

E*TRADE Financial Corporation (NASDAQ:ETFC) today announced results from the most recent wave of StreetWise, E*TRADE’s quarterly tracking study of experienced investors.

/Personal finance

Visions FCU signs with MX for money management app

Visions Federal Credit Union, headquartered in Endwell, NY, announced today that it has signed with MX to provide industry leading money management tools for users of its new mobile application, My MoneyGuide, available for free download to its 180,000 members in the iTunes and Google Play app stores.

/Personal finance

EWise ships financial data API

eWise, leading provider of financial data aggregation and money management solutions, has launched its new financial transaction Categorisation-as-a-Service API (CaaS) for Financial Institutions and Fintechs.

/Personal finance

Personal finance app MoneyLion launches in Malaysia

MoneyLion, the mobile personal finance platform that helps consumers improve their financial health, today announced its launch in Malaysia.

Banks reap app rewards but face threat from new mobile challengers

/Personal finance

Banks reap app rewards but face threat from new mobile challengers

While mobile apps have proved a boon for Europe's retail banks, new research suggests that they could also prove a threat, with new specialist players picking off customers in key areas and disrupting the traditional full-service model.

/Personal finance

Boomers value tech for managing retirement savings

When it comes to managing their finances and health, millennials place a much higher value on the use of technology compared with baby boomers.

/Personal finance

Investment app Stash raises $9.25m

Stash, one of the fastest­growing new financial services for Millennials, announced today that it has secured $9.25 million in Series A funding to further accelerate user growth and to build out its technology platform.

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