Tagged: personal finance

May 25, 2025 @ 3:41 pm By Michael Wong  |  

Personal finance startup Monarch has secured $75 million in Series B financing, co-led by FPV Ventures and Forerunner Ventures, with continued backing from existing investors Menlo Ventures, Accel, SignalFire, and Clocktower Ventures. The raise underscores growing investor interest in digital tools aimed at tackling one… Read More

February 13, 2025 @ 7:43 am By Tony Zerucha  |  

Results of an anonymous analysis of one million users of social finance app Frich find that significant numbers of Generation Z consumers are developing poor financial habits, partially due to a negative view of the future. Many are “doomspending”, maxing out credit cards and not… Read More

August 25, 2024 @ 6:12 pm By Michael Wong  |  

MoneySmart Group, a personal finance company in Southeast Asia, has rejected MoneyHero Group’s unsolicited, non-binding offer to acquire 100% of its shares. The offer, which MoneySmart’s board deemed neither serious nor credible, was dismissed unanimously due to its misalignment with the company’s strategic objectives and the… Read More

June 7, 2024 @ 7:11 am By Omar Faridi  |  

Meniga, a firm focused on Personal Finance Management solutions, recently announced a partnership with Swedish bank Handelsbanken in order to enrich its customer engagement in Norway with personalized financial insights. This partnership is said to “underscore Handelsbanken’s commitment to driving innovation and redefining the customer… Read More

March 24, 2024 @ 5:40 pm By Michael Wong  |  

Personal finance app operator Copilot announced that it has successfully raised $6 million in a Series A funding round anchored by venture capital firm Adjacent. The round is aimed at expanding the app’s reach across all platforms and bolstering its artificial intelligence and product development… Read More

November 17, 2023 @ 9:24 am By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI), the digital personal finance company, today announced the launch of the SoFi Enhanced Yield ETF (ticker: THTA). With THTA, SoFi is providing a distinct way “to generate monthly income for investors who are seeking a distinct way to do so, with… Read More

November 8, 2023 @ 2:51 pm By Omar Faridi  |  

BMO announced the launch of its digital Real Financial Progress Hub, a resource that allows customers to easily access personal finance advice and guidance, as well as tools and resources to “reach their own specific financial goals.” In addition to helping customers budget and set… Read More

November 5, 2023 @ 7:17 am By Omar Faridi  |  

Despite a significant rise in household incomes, consumers struggling with debt are often in worse shape and further behind financially now than those who were dealing with these issues during the pandemic, according to a new study by Achieve, the digital personal finance firm. Achieve… Read More

October 24, 2023 @ 10:05 pm By Omar Faridi  |  

Creditly Corp., dba Credit Genie, a digital personal finance platform that has served more than one million Americans, announced the successful completion of an additional funding round, securing $10 million in capital, “bringing its total financing to $21 million.” The funding via the investment round… Read More

October 15, 2023 @ 9:45 pm By Omar Faridi  |  

SoFi (NASDAQ:SOFI), the all-in-one digital personal finance company, announced SoFi Invest will offer a 1% match on all eligible IRA (individual retirement account) contributions. This comes as a new survey also out from SoFi “unveils American’s top financial ambitions including: creating or sustaining generational wealth,… Read More

July 20, 2023 @ 4:52 pm By Omar Faridi  |  

WisdomTree, Inc. (NYSE: WT), a global financial innovator, announced that WisdomTree Prime is now available, “granting investors access to the blockchain-enabled financial app built to save, spend, and invest in digital assets and WisdomTree Digital Funds.” The personal finance app is “available in the Apple… Read More

July 10, 2023 @ 10:18 am By Omar Faridi  |  

Online trading platform moomoo, an “intuitive” investment and trading platform providing investors with pro-grade, easy-to-use tools, data, and insights, recently released results of its first Personal Finance Survey of US moomoo users. The survey has “discovered three key takeaways.” First, mooers are worried “about their… Read More

June 29, 2023 @ 5:48 pm By Omar Faridi  |  

Silicon Valley Bank (SVB), a division of First Citizens Bank, announced that it has provided a $50 million warehouse facility to Achieve, the leader in digital personal finance. Achieve provides personal loans “to help with debt and cash flow, home equity lines of credit, as… Read More

June 16, 2023 @ 7:21 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, is adding PayPal and Venmo to its suite of payment solutions, making them available to clients across REPAY’s verticals, including personal finance, auto finance, credit unions and mortgage. As noted in the update: “Our… Read More

June 8, 2023 @ 8:37 am By Omar Faridi  |  

After more than a decade of significant investment in mobile apps and websites, many U.S. banks and credit card providers have mastered the basics of digital transaction management and are now turning their attention to more advanced “super tools.” According to a series of recent… Read More

May 23, 2023 @ 6:21 am By Omar Faridi  |  

Frost, the “innovative” personal finance app, has announced the expansion of its automated provider switching tool ‘Save Assist’ to include broadband switching services. The announcement comes in response “to the recent 17.3% broadband price hike in April, as reported by Money Saving Expert, leaving consumers… Read More

January 10, 2023 @ 9:30 pm By Omar Faridi  |  

As many Canadians set their financial goals for the year ahead, CIBC announced the launch of CIBC Smart Planner, which is described as “an easy to use, self-serve digital tool that takes the complexity out of managing finances and offers personalized advice.” CIBC Smart Planner… Read More

October 24, 2022 @ 3:58 pm By Omar Faridi  |  

Achieve, which claims to be the leader in digital personal finance, recently announced that it has raised a new debt facility “totaling $225 million with participation from O’Connor Capital Solutions, the private credit unit of UBS O’Connor LLC, and others, including a multi-trillion dollar asset… Read More

September 19, 2022 @ 8:26 pm By Omar Faridi  |  

Atomic, the provider of payroll connectivity is announcing today its partnership with Hydrogen, a Fintech platform that “enables businesses to quickly launch white label debit cards with no coding and one, all-inclusive platform.” By partnering with Atomic, Hydrogen “enables organizations to seamlessly integrate payroll connectivity… Read More

September 12, 2022 @ 3:01 pm By Omar Faridi  |  

The Interledger Foundation (ILF) has awarded Bowie State University (BSU) a $25,000 grant to partner on an undergraduate course that will “enable students to explore open payments technologies and issues in eCommerce and personal finance.” Open payments technologies “allow individuals and businesses to pay for… Read More