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
Neobank Aspiration Names Olivia Albrech as New CEO
Since its founding in 2013, the environmentally-minded neobank Aspiration has undergone many changes. Along the way, the company has also seen significant investments from such celebs as Leonardo DiCaprio and Robert Downey Jr., raising $250 million to date. Now, the company is undergoing another big change as a new leader is stepping up. Recently, Aspiration announced that Olivia Albrecht had been named as Chief Executive Officer and will join the company's...
Personal Finance
FinTech API Astra Raises $10 Million Series A
A startup that looks to make ACH transfers better for all involved has just closed a significant investment round. Recently, Astra announced that it had raised $10 million. The Series A was led by FPV Ventures, while Slow Ventures and Allegis Capital also participated. In addition to the equity round, the FinTech secured a $30 million line of credit through CoVenture. With this line of credit included, Astra has now raised a total of $56.2...
Personal Finance
IRS Announces 2023 Tax Brackets Amid Inflation
With 2023 now within view, the Internal Revenue Service (IRS) has announced the tax brackets that will be used for the new tax year. While these adjustments are an annual tradition, this round of increases comes after a year where inflation has topped 8%. In turn, this latest round of raises is larger than usual. Across the board, brackets were adjusted by about 7%. In comparison, the change between 2021...
Personal Finance
Apple Card to Offer High-Yield Savings Account
One of the largest companies in the world is set to introduce a new financial tool to its millions of customers. This week, Apple announced that it would soon be launching a high-yield savings accounts for Apple Card customers. Once it debuts, cardholders will be able to automatically deposit the Daily Cash they earn from their Apple Card purchases into their savings account. Additionally, customers will be able to deposit...
Personal Finance
Year over Year Inflation is Highest in These U.S. Cities
Following a tumultuous two years that saw the United States economy crater before building back in the face of a pandemic, the biggest economic story of the past several months has been inflation. According to the latest Bureau of Labor Statistics report, the Consumer Price Index (CPI) rose 8.2% between September 2021 and September 2022 on a national scale. However, in some cities around the country, the rate of inflation...
Personal Finance
Current Banking App Adds Cryptocurrency Trading
It wasn't that long ago that buying and selling cryptocurrencies required consumers to navigate a number of unfamiliar platforms and systems. However, that has long since changed with the advent of Coinbase and, later, the integration of crypto trading into other popular FinTech offerings. The latest example of the latter comes from Current, which will now allow customers to buy and sell select cryptocurrency assets. This week, Current debuted its...
Personal Finance
