Personal finance

605 articles tagged with this keyword

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Pomelo combines US consumer credit with international money transfer to Philippines

Pomelo's partnership with Mastercard and Coastal Community Bank enables US immigrant customers to use and build credit while supporting family and friends overseas.

/wealth

Robinhood helping UK investors gain easier access to US markets

Investors across the world want ease and access to the best, most rewarding investments without encountering too many obstacles. Except, for the UK investor, access to US markets can come with a host of complications. Robinhood, an American trading and investment app, sought to solve that.

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Davos: SC Ventures, Yabx invest $10m in purpose-driven lending platform Furaha

Standard Chartered’s innovation, fintech investment and ventures arm and Yabx Technologies, a Tech Mahindra group company, have signed a set of agreements to formalise their joint investment in Furaha.

/retail

Intelligent Lending acquires TotallyMoney

Manchester-based Intelligent Lending has acquired credit scoring and personal finance app TotallyMoney.

/retail

John Lewis unveils pocket money pet for young kids

With Christmas fast approaching, UK department store John Lewis has unveiled Nestlums, a Tamagotchi-style pet that helps young children learn about money.

/payments

AFP: Does the US need Faster Payments?

How much choice is too much choice? The second day of AFP in Nashville, Tennessee, saw BNY Mellon’s Sumner Francisco, Finzly’s Karuna Kathir, PTap Advisory’s Peter Tapling and Walmart’s Sarah Arnio, take to the stage to discuss the adoption and benefits of Faster Payments and the differences between rails such as instant payments, same-day ACH, and push-to-card transactions.

/retail

BofA launches account to help parents teach kids money lessons

Bank of America has launched an account designed to help parents teach their children how to manage money.

/wealth

Wealth managers failing to meet clients' tech expectations

Investors are prepared to dump their wealth managers if they fail to embrace new technology, suggests recently published research.

/retail

NerdWallet cuts workforce by 15%

US personal finance outfit NerdWallet is reducing the size of its 730-strong full-time workforce by about 15% as part of a restructuring plan to slash operating expenses.

/payments

Westpac starts offering debit cards to eight-year-olds

Australian bank Westpac is now offering debit cards to children as young as eight in a move it says will help them hone their financial skills.

/retail

Chase is the first bank in all lower 48 US states, what next?

Andrea Principe, managing director – Northeast division director – consumer banking, Chase, took to the stage at Future Branches in Boston to explore how while the banking industry faces challenges in sustaining core deposits, deepening customer trust, and building relationships, it is important to learn from failures, reengage with customers, and provide exceptional in-person experiences.

/startups

Prosper smashes £800,000 Crowdcube target

Prosper, the UK WealthTech founded by Tandem and Nutmeg alumni, has hit its £800,000 Crowdcube target before launching to the public.

/retail

HSBC adds savings tool to mobile app

HSBC has added a feature to its mobile app in the UK to help customers identify, plan and manage their saving goals.

/crypto

Bitcoin halving may lead to price drop

On April 20th the bitcoin halving will take place, which is set in the cryptocurrency’s technology to cut the rate at which bitcoin is created. The event happens every leap year and is eagerly anticipated by crypto enthusiasts.

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Wagestream raises £17.5m

Financial wellbeing app Wagestream has raised £17.5 million in a funding round joined by a British Business Bank subsidiary.

/startups

SC Ventures and NEXT176 partner up to launch financial wealth platform

Standard Chartered’s investment ventures arm, SC Ventures has joined forced with building and investment arm of Pan-African financial services group Old Mutual, NEXT176, to roll out a financial wellness platform.

/wealth

Chase wealth planning tool draws millions of users

JPMorgan Chase says its free Wealth Plan digital money coach has helped customers create more than a million personalised plans in just a year since launch.

/wealth

Goalsetter raises $9.6m to help families build wealth

Goalsetter a US financial education platform focused on helping families learn how to spend, save and invest, has raised $9.6 million in a Series A extension round.

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Sibstar secures £125k from Dragon’s Den

Founder of Sibstar, a debit card and app designed for dementia patients and their families to securely manage their funds, has received £125k from Dragon’s Den investors Sara Davies and Deborah Meaden.

/startups

Circular economy fintech Twig shuts down

Twig, a London-based 'circular economy' fintech is closing down after failing to raise funding.