Category: Personal Finance
Personal finance and money management can be very confusing. Most people know that optimizing their finances is important but few feel confident that they have the knowledge to do so.
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Personal Finance
Personal Finance
Credit Builder Petal Raises $35 Million, Spins Off Prism Data
The credit-building credit card FinTech Petal has announced a fresh round of funding and a big change to their business. First, the company disclosed that it's raised $35 million. The new funding was led by Valar Ventures with Story Ventures, Core Innovation Capital, and RiverPark Ventures participating as well. Strategic investments from Synchrony and Samsung Next were also included. To date, Petal has now raised nearly $300 million in equity...
Personal Finance
48% of Americans Worry About Money in Banks Following Failures
Following a series of bank failures in recent weeks, some Americans may be wondering about just how safe their deposited funds are. With that in mind, a new poll from Gallup sought to measure banking consumer confidence — and compare those results to a pair of 2008 surveys. According to the poll, a total of 48% of respondents expressed worry about the safety of funds they had deposited with banks...
Personal Finance
What to Do With Your 401(k) From a Previous Employer
When leaving a job with an employer, there are obviously a number of changes you will experience and decisions you will need to make about your future. One such decision that is sometimes forgotten is what to do with the 401(k) you had under your former employer. In addition to any contributions you may have made to your account, you may also have a vested chunk of matching funds or...
Personal Finance
Vera Equity Announces $20 Million Fund to Invest in Startups
Financial technology companies looking for investment have a new potential partner to turn to. This week, the venture capital firm Vera Equity announced that it has raised a $20 million fund. With this capital, the company will invest in early-stage FinTech startups. While the announcement of the fund has arrived now, Vera has already invested in a number of startups. This includes participating in StellarFi's $15 million Series A in...
Personal Finance
"Poverty, By America" Audiobook Review
It's been a while since I've reviewed a book for this site. To a point, that's because books about finance often cover the same few topics, making them harder to assess on my part. In turn, I'm always excited to find a book that fits into my wheelhouse but does something different. Luckily, I found that in the recently-released Poverty, By America from author Matthew Desmond. While I wasn't 100%...
Personal Finance
Apple Card Savings Nears $1 Billion in Deposits During First Days
Last month, after previously announcing plans to introduce a savings account, Apple debuted Apple Card Savings. The new offering allows Apple Card customers to automatically deposit their earned cashback into high-yield savings. Now, the account has seemingly seen early success based on the value of initial deposits. According to a report from Forbes, Apple Card Savings managed to accrue $400 million in deposits on its launch day. Furthermore, after four...
Personal Finance
