Tagged: personal finance

October 6, 2021 @ 7:48 am By Omar Faridi  |  

Meniga, the leader in personal finance banking solutions, has teamed up with the Portuguese national financial group, Crédito Agrícola Group, in order to introduce its green banking solution, ‘Carbon Insight’ in Portugal. Meniga’s ‘Carbon Insight’ – which becomes the first bank-based carbon footprinting solution to… Read More

September 29, 2021 @ 8:28 am By Omar Faridi  |  

WealthKernel, the Wealthtech platform of digital investment solutions, reveals that it has teamed up with Topia, a UK-headquartered app provider that aims to empower Millennials who want to reach financial freedom and retire early. Through the partnership, Topia will be using WealthKernel’s investing API and… Read More

September 9, 2021 @ 1:30 pm By Omar Faridi  |  

Crediverso, the Hispanic-owned personal finance products firm, reveals that it has introduced a bilingual platform and a financial products marketplace tool “to serve the 62M+ Hispanic consumers in the U.S., who are 2-3x more likely to be underbanked than the rest of the population,” according… Read More

August 20, 2021 @ 12:27 pm By Omar Faridi  |  

MX, the financial data platform and leader in modern connectivity, reveals that it’s assisting Goalry, a finance platform and “virtual goal mall,” with enabling its clients to take control of managing their finances. With MX‘s data platform to power its comprehensive solution, Goalry clients may… Read More

August 16, 2021 @ 9:07 pm By Omar Faridi  |  

The team at digital asset firm Gemini has released their Singapore market report, which reveals that the COVID-19 crisis led to two-thirds of investors in the Southeast Asian country to increase their cryptocurrency holdings. As noted by Gemini: “Today (August 14, 2021), we are excited… Read More

August 9, 2021 @ 9:31 pm By Omar Faridi  |  

Dubai-headquartered personal finance and investment platform Sarwa has acquired $15 million in capital through a Series B round. Abu Dhabi’s sovereign investment company Mubadala Investment Company has led Sarwa’s latest investment round. Other investors that made contributions include 500 Startups, KIPCO, Shorooq Partners, MEVP, DIFC,… Read More

July 15, 2021 @ 8:01 am By Omar Faridi  |  

Brian Barnes, the Founder and CEO at M1 Finance, notes that he’s pleased to confirm the company’s $150 million Series E round, led by Softbank’s Vision Fund 2 along with participation from existing investors. M1 Finance‘s latest investment round brings the company’s valuation to $1.45… Read More

June 23, 2021 @ 8:17 pm By Omar Faridi  |  

Stash, the subscription platform that aims to empower middle-class America to build wealth via innovative investing and banking products, has acquired PayGrade, a financial literacy platform assisting students with adopting healthy financial habits. As mentioned in an update shared with CI, the addition of PayGrade… Read More

June 7, 2021 @ 8:58 pm By Omar Faridi  |  

Australia-based Frollo, the “purpose-driven” Fintech firm that offers financial management and Open Banking services, has introduced a new feature for its budgeting app that allows customers to check their real time balance with Siri and the firm’s Open Banking connections. Some common use-cases for voice… Read More

May 1, 2021 @ 10:27 am By Omar Faridi  |  

Less than 6 months after its launch in Mexico’s markets, the Argentina-based Fintech firm Ualá has managed to issue over 100,000 debit cards in the country. Ualá provides a user-friendly app and various tools for effectively managing personal finances. In a recent interview with El… Read More

April 24, 2021 @ 11:37 pm By Omar Faridi  |  

A recent research study has found that a lack of proper financial education has left consumers across the UK a bit confused with how to manage their funds. The study reveals that UK residents may be dealing with detrimental effects on their confidence, mental well-being… Read More

March 19, 2021 @ 7:53 am By Omar Faridi  |  

Digital bank Chime notes that if you’ve ever tried to schedule an automatic bill payment from your bank account or received a direct deposit, then you may appreciate how convenient these transactions might be. We may be able to avoid many late fees if we… Read More

February 13, 2021 @ 6:35 pm By Omar Faridi  |  

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

February 11, 2021 @ 7:32 pm By Omar Faridi  |  

We’ve been trusting robots to manage money more than we “trust” ourselves, according to a recent study from Oracle and personal finance specialist Farnoosh Torabi. The global survey of over 9,000 individuals across 14 different countries revealed that the COVID-19 pandemic has “increased finance-related stress… Read More

February 4, 2021 @ 10:04 pm By Omar Faridi  |  

Israel-based Fintech firm PayKey has reportedly expanded its mobile keyboard system in order to allow bank clients to easily manage their investments and apply for loans from within any supported app. The PayKey team confirmed on February 2, 2021: “Today, we expanded our solution to… Read More

February 1, 2021 @ 9:33 pm By Omar Faridi  |  

Erica Gellerman, a CPA, MBA, and personal finance expert, notes in a blog post published by Chime Financial Inc. (a US-based banking challenger valued at around $14.5 billion) that if you’re planning to grow your wealth or net worth, then investing can be “a smart… Read More

January 14, 2021 @ 10:25 pm By Omar Faridi  |  

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

December 20, 2020 @ 9:42 pm By Omar Faridi  |  

Katana Dumont, who writes about personal finance and financial literacy topics, notes in blog post published by Chime Financial Inc., a US-based banking challenger valued at around $14.5 billion, that modern technology is shaking up or disrupting the finance industry in a major way. She… Read More

December 12, 2020 @ 12:59 pm By Omar Faridi  |  

After finalizing a $44 million investment round, UK’s AI-powered personal finance chatbot provider Cleo is asking its customers how it should spend its funds. Cleo’s round was led by EQT Ventures along with participation from existing investors such as Balderton Capital, LocalGlobe and SBI. Established… Read More

December 7, 2020 @ 11:31 pm By Omar Faridi  |  

Raj Khosla, the founder and MD at MyMoneyMantra (MMM), which claims to be India’s largest “phygital” (physical-digital) marketplace for loans and credit cards, says that his company has consistently earned substantial revenue since its inception in1989. Khosla began his loan distribution business over 30 years… Read More