Tagged: Savings App

November 28, 2020 @ 4:01 pm By Omar Faridi  |  

The customers of mobile savings app Beam had been complaining that they were able to deposit funds but couldn’t get their money back out. The Fintech also allegedly failed to live up to promised high interest rates. The Federal Trade Commission (FTC ) alleges that… Read More

September 21, 2020 @ 2:10 pm By Samantha Hurst  |  

Goalsetter, a U.S.-based family money app, announced on Monday it recently launched a debit card specifically geared towards teens and tweens. Founded in 2015, Goalsetter describes itself as a goal-based savings and gifting platform that was created just for kids. The company revealed it combines… Read More

September 10, 2020 @ 2:58 pm By Omar Faridi  |  

Mexico’s Übank, the provider of an automated savings solution that allows consumers to save based on their lifestyle and everyday expenses, is planning to expand its operations into the US in 2021. Übank claims that it uses innovative savings strategies. Its app can “transform” daily… Read More

July 17, 2020 @ 8:26 am By Omar Faridi  |  

UK-based Moneybox, a company that provides a user-friendly app to help people save and invest by rounding up their purchases to the nearest pound and setting aside the spare change, has secured £30 million through a Series C investment round that was led by Eight… Read More

November 14, 2019 @ 1:51 pm By Omar Faridi  |  

Plum, an artificial intelligence (AI)-enhanced smart savings application, has raised around $3 million via its second investment round, bringing the company’s total funds raised to approximately $9.3 million. Plum recently introduced its new Android app, which extends the firm’s digital offering across Facebook Messenger and… Read More