Latest Personal finance News: Finextra Research

Asia catching US in value of fintech deals

Venture capital investment in Asia-based fintech start-ups reached $5.4 billion in 2016 just shy of the $5.5 billion invested in the US.

20 February 2017

Company update/Personal finance

Uber partners Moneyfarm to provide UK drivers with financial advice

With the rise of the sharing economy and flexible working, many people do not have access to benefits traditionally provided through employment including services and providers that can help them plan, save and invest for retirement. Uber is working to address this issue, and by teaming up with Moneyfarm is connecting its partner-drivers with expert financial advice.

16 February 2017

News/Personal finance

Wells Fargo app sets customers savings challenges

Personal finance management apps are getting more demanding, with new offerings from Wells Fargo and startup Meniga challenging users to meet specific saving targets.

08 February 2017

News/Personal finance

Moven launches UK money monitoring app

US-based neobank Moven is setting its sights on Europe, launching a money tracking app in the UK.

07 February 2017

News/Personal finance

Citi and AmEx join Plaid Technologies funding round

Plaid Technologies, a startup that helps the likes of Venmo and Lending Club connect with their users' bank accounts, says that the venture arms of Citi and American Express joined its recent $44 million Series B funding round.

06 February 2017

News/Personal finance

Wells Fargo inks data sharing agreement with Intuit

Wells Fargo has followed Chase in signing a data-exchange deal with Intuit, enabling its customers to use an API to import account information to financial management tools such as QuickBooks without having to hand over their account credentials.

03 February 2017

News/Personal finance

After raising $5m, Qvivr gears up to launch wallet-replacing card

Qvivr, a US startup promising to replace the credit, debit, gift and loyalty cards in customers' wallets with a single card and app combo, has raised $5 million in a Series A funding round led by Khosla Ventures.

01 February 2017

Company update/Personal finance

Envestnet | Yodlee joins forces with Varo Money

Envestnet | Yodlee (ENV), a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, today announced it is partnering with Varo Money Inc., a mobile-only banking startup that helps consumers gain greater control of their financial lives, providing customers with a more customized mobile banking experience and better insights into their financial well-being.

31 January 2017

News/Personal finance

Intuit and Chase agree data sharing deal

Chase customers can now import their financial data to Intuit financial management tools without having to hand over their account credentials, addressing a key flashpoint in bank relationships with third party technology companies.

25 January 2017

Company update/Personal finance

Squirrel opens up £400K capital raise to online equity investors

Online investment platform SyndicateRoom today announced that Squirrel – a personal finance app dedicated to empowering users to have more control over their money – plans to raise £400K through the platform.

16 January 2017

Company update/Personal finance

PFM Clarity Money claims 40,000 downloads within first week of launch

One week after the launch of Clarity Money, a revolutionary personal finance app, it is now a “featured” personal finance app on the Apple App Store with over 40,000 downloads thus far.

12 January 2017

Company update/Personal finance

Virtual Piggy brings in Bob Marino as senior advisor

Virtual Piggy, Inc. (VPIG) appoints Bob Marino as their Senior Advisor and consultant to develop strategic partnerships between Virtual Piggy, Inc., banks and other financial institutions.

06 January 2017

News/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.

06 January 2017

Company update/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.

04 January 2017

Company update/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.

04 January 2017

Company update/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.

14 December 2016

News/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.

13 December 2016

Company update/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.

08 December 2016

Company update/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.

05 December 2016

Company update/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.

29 November 2016