Tagged: budgeting

Expense Management Fintech Divvy Confirms it Supports Small Businesses with Better Financial Tools and Budget Controls

Divvy, a modern payment and expense management platform for businesses, which notably secured $165 million through its Series D funding round, has published a blog post that looks into how small businesses can settle their tax payments. Divvy confirms in its blog post that the… Read More

Egyptian Salary Advance Fintech NowPay Signs MoU with Export Development Bank of Egypt

Egypt’s Fintech firm NowPay, which offers financial wellness solutions, has entered into an MoU with the Export Development Bank of Egypt (EBE). Established in 2019, NowPay has been launched to help reduce workers’ financial stress by improving the key pillars of financial wellness for employees:… Read More

Fintech Professionals Share Coping Strategies for Financial Stress and Anxiety in Post COVID World, Reveal Serious Mental Health Issues

The team at UK challenger bank Starling notes that it may be argued that “financial anxiety” is a by-product of the way that we respond to a particular situation, and not necessarily a result of the actual situation. Starling says that focusing more on what… Read More

Fintech Apps for Budgeting are Actually Leading to Consumers Spending More Money Instead of Developing Good Savings Habits: Report

Research carried out by Think Forward Initiative and Eller College of Management, University of Arizona reveals that so-called budgeting apps are actually causing consumers to spend more money instead of helping them develop good savings habits. The design of a budgeting app usually involves showing… Read More

Overfunding: Mobile Budgeting App Kestrl Quickly Surpasses £160,000 Funding Target through Seedrs Round

  Kestrl, a UK-based mobile budgeting app, has successfully secured its initial £160,000 funding target through its equity crowdfunding campaign on Seedrs. Founded earlier this year, Kestrl’s vision is to help users to combine their financial goals in life with their personal values, in order… Read More

UK Fintech Sync., a Bank Account Aggregation and Financial Management Service, Secures £5.5 Million in Seed Funding

London-based Sync., a bank account aggregation and personal financial management service established by Ricky Lee, who’s Revolut’s former head of product design and strategy, has secured £5.5 million through a seed funding round as the company plans to further expand its operations into European. Sync…. Read More

US based Neobank Aidbanc, which Launched in 2019, Plans to Empower NGOs by Providing Digital Banking, Spend Management Tools

Neobank Aidbanc, which launched operations last year, is reportedly planning to assist NGOs by providing them with digital banking and spend management software that they need to deliver financial aid. The proper distribution of financial aid can have a significant positive impact on the lives… Read More

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