Tagged: financial management

October 7, 2020 @ 11:00 am By Omar Faridi  |  

Bank of America or BoA (NYSE: BAC) has introduced a digital tool, called Life Plan, which aims to help clients with setting and keeping track of their financial goals. The new tool is now available through the BofA’s digital banking app and official website. Life… Read More

October 7, 2020 @ 9:26 am By Samantha Hurst  |  

Qori Capital, a financial management company that ran the largest fund in Peru, recently announced it has applied to become an affiliate member of DeFi Money Market (DMM), the decentralized protocol and ecosystem that brings earned interest back into the global monetary system. Qori reported… Read More

October 4, 2020 @ 5:01 pm By Omar Faridi  |  

Michael Gerber, CEO of 360F, a Fintech firm that offers automated financial advice, has been focused on expanding the company’s operations into the MENA region. Gerber previously worked as the Managing Partner and CEO of a globally active management consultancy company. His professional career began… Read More

October 3, 2020 @ 7:43 am By Omar Faridi  |  

US-based Fintech firm Harvest is reportedly planning to transform the existing credit scoring systems. Like many other Fintechs, Harvest will be using artificial intelligence (AI) and machine learning (ML) algorithms to offer clients a dynamic view of their financial profile. This should help people with… Read More

October 1, 2020 @ 8:00 am By Omar Faridi  |  

Rosecut, a wealth management service provider, has introduced free tools that were previously available only to high-net-worth-individuals (HNWIs). The Fintech company’s wealth management software suite has been designed to help clients with planning how to achieve their financial goals or objectives. The Wealthtech suite allows… Read More

September 29, 2020 @ 11:22 pm By Omar Faridi  |  

Australia based Alex, a digital banking challenger, is reportedly planning to secure about A$10m (appr. $7.1 million) in capital through a Series B investment round. As first reported by the Financial Review, Alex’s team of senior management professionals have been focused on acquiring additional funding by approaching various… Read More

September 28, 2020 @ 6:28 pm By Omar Faridi  |  

Dan Jovevski, a Fintech professional and former banker at National Australia Bank (NAB), has reportedly helped his company, WeMoney, with securing $2 million in capital in order to provide a service that helps young consumers with making better financial decisions. As reported by the Financial… Read More

September 14, 2020 @ 9:11 pm By Omar Faridi  |  

Razer Fintech has teamed up with Franklin Templeton in order to develop various digital wealth technology or Wealthtech tools for younger consumers. Franklin Templeton’s Singapore based subsidiary, Templeton Asset Management, and Razer Fintech, the financial division of Razer Inc, have committed to a Memorandum of… Read More

September 4, 2020 @ 9:07 am By Omar Faridi  |  

California-based Fintech firm Wealthfront, a Robo-Advisor that had been focused on becoming a digital bank, has revealed that it has introduced what it calls, the “first Self-Driving Money” service. As mentioned in an update shared with Crowdfund Insider, Wealthfront’s new, free-to-use service, Autopilot, will automate… Read More

September 3, 2020 @ 9:33 pm By Omar Faridi  |  

Banking challenger Branch has teamed up with Fintech solution provider Plaid to offer users access to real-time data across their applications. Instead of taking several business days for financial transactions to appear on various apps, the new integration should allow service providers to send transaction… Read More

September 1, 2020 @ 8:43 pm By Omar Faridi  |  

Singapore based Fintech firm Atlantis has reportedly launched a digital bank in India. The company’s business aims to target the estimated $15.7 billion global Millennial banking market. The neobank will mainly focus on serving Millennials (people born around 1980 to 1996) and Gen Z (born… Read More

August 27, 2020 @ 7:21 am By Omar Faridi  |  

Germany-based digital bank N26, which offers a mobile banking platform, is celebrating its one year anniversary in the US with almost 500,000 customers. As mentioned in a release shared with Crowdfund Insider: “Since announcing its public US launch in partnership with Axos Bank in August… Read More

August 18, 2020 @ 6:41 pm By Omar Faridi  |  

UK-based StepChange, a leading debt advice charity, reportedly helps more than 600,000 consumers by offering free-of-cost, “impartial” debt advice every year. The company claims that it sees first hand how talking openly about money management problems can help people, which is why the team at… Read More

August 18, 2020 @ 6:31 pm By Omar Faridi  |  

Saving money and effectively managing monthly earnings or income should be a key priority for company employees, however, they usually don’t have access to the appropriate tools to make informed decisions regarding how to manage their finances. Brazil-based Fintech firm Allya, which aims to help… Read More

August 14, 2020 @ 6:58 pm By Omar Faridi  |  

Malaysia-based Fintech startup Versa Asia Sdn Bhd, which offers an app to manage and preserve idle cash, revealed on August 14, 2020, that it has appointed key board members. According to a statement from Versa, the Fintech firm has appointed Datuk Noorazman Abd Aziz and… Read More

August 6, 2020 @ 7:57 am By Omar Faridi  |  

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

August 2, 2020 @ 9:30 pm By Omar Faridi  |  

Stuart Sopp, founder and CEO at digital bank Current, has previously noted that the COVID-19 outbreak has shown how his company serves employees whose roles are considered essential during the global pandemic. In June 2020, Sopp had confirmed that Current would remain focused on spending,… Read More

July 28, 2020 @ 7:42 am By Omar Faridi  |  

Flex, a money management app, has been introduced in order to help people with solving their financial problems by effectively managing their finances. Flex’s money management service can be accessed by opening a new account within minutes, the company claims. There’s currently a free and… Read More

July 26, 2020 @ 9:28 am By Omar Faridi  |  

  Financial pressure or stress has become a part of the daily lives of many consumers, and now the COVID-19 outbreak has introduced even more financial pressure points or exacerbated pre-existing ones for individuals and families across the globe. John Smallwood, president at Smallwood Wealth… Read More

July 18, 2020 @ 9:55 am By Omar Faridi  |  

Banking challenger Branch, a service provider that teams up with employers to assist workers with growing financially, recently revealed key findings from its second annual Branch Report. The digital challenger’s report looks at the financial, work, and lifestyle interests of hourly workers. As noted in… Read More