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Online Shopping Reaches Record on Black Friday 2020

With the holiday shopping season now officially underway, consumers are apparently taking their shopping online in record numbers. Preliminary figures from Adobe Analytics (as reported by TechCrunch) show online sales on Black Friday growing 21.6% year over year to top $9 billion. Although that's on the lower end of Adobe's...

DoJ Okays Intuit's Credit Karma Acquisition, Credit Karma Tax Sale to Square

Back in February, Intuit announced plans to purchase the free credit score site Credit Karma for a whopping $7.1 billion. However, as always, the deal was subject to regulatory approval. Now, the company has revealed that it's entered into a consent decree with the U.S. Department of Justice as well...

Insurtech Company Hippo Scores $350 Million Investment

Palo Alto-based insurtech startup Hippo just announced that it's raised another $350 million. The impressive raise comes exclusively from Mitsui Sumitomo Insurance Company, Limited and brings the company's total funding to date to $709 million. Instead of being aside a letter, the round is being described as simply a "venture...

Money at 30: Bumped App - How Version 1.0 Compares to the Beta 1

For literal years, I've been raving about an app called Bumped. Yet, little did I know that, for much of that time, I was talking about a service that few could actually try for themselves. That's because Bumped was still in its pilot or beta phase. However, as the platform...

Bitcoin Continues to Surge, Nearing All-Time High

In 2017, Bitcoin enjoyed a famed run that saw the cryptocurrency's value climb to nearly $20,000 per coin before plummeting back down to earth. Now, nearly three years later, the asset is making another run at that record. Since October 1st, the price of Bitcoin has nearly doubled, going from...

2020 Bumped Review — Yes You Really Can Earn Stocks When You Shop 13

With a stellar line-up of brands on board and an easy-to-use platform, Bumped has quickly become one of my favorite financial apps to use. With Bumped still in its public beta phase, I'm very much looking forward to seeing what happens with the app from here. If all goes according...

Vennfi Raises $2.3 Million Ahead of Charityvest Platform Expansion

Even as 2020 begins to wind down, FinTech deals continue to roll in. Last week, Vennfi announced it had raised $2.3 million in funding. The seed round was led by former DCM Ventures partner Tom Blaisdell with participation from Teamworthy Ventures, Duro.vc, Sovereign's Capital, and Promus Ventures along with individual...

American Express Commits $2.5 Million to "100 for 100" Program for Black Women Entrepreneurs

Continuing their commitment to supporting small businesses, this week American Express announced the 100 Black women entrepreneurs that have been selected to participate in the "100 for 100" program. Not only will the chosen women receive $25,000 in grants will also be able to utilize 100 days of business resources....