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Varo Bank Raises $510 Million in Oversubscribed Funding Round

FinTech's "megaround mania" continues as Varo Bank has just announced an oversubscribed $510 million funding round. The Series E was led by new investor Lone Pine Capital while Declaration Partners, Eldridge, Marshall Wace, Berkshire Partners / Stockbridge, and others also participated. This comes after the bank raised a $241 million Series...

Mastercard to Acquire European Bank Connection API Aiia

Mastercard is back to buying up FinTechs. This week, the company announced plans to acquire to European open banking technology provider Aiia — although terms of the deal were not disclosed. The planned acquisition of Aiia comes less than a year after Mastercard completed its purchase of open banking platform...

Money at 30: Chase Sapphire Preferred Credit Card Review 1

Ever since my financial awakening and my decision to start using credit cards again, an obvious trend has developed. You see, anytime I get a new card and say to myself (and to my wife), "I think we're all set now," I inevitably find another card that tempts me with...

Survey Finds Nearly Half of Respondents Have Purchased Some Crypto

With cryptocurrencies continuing to expand into the mainstream, a recent survey shows a significant number of consumers have invested in Bitcoin, Ether, or other coins. According to a survey commissioned by the digital asset marketplace Bakkt, 48% of respondents had purchased at least some amount of cryptocurrency in the past...

Walgreens Introduces 'Scarlet' Account and Debit Card

For years, pharmacies have proven to be convenient financial service locations as various FinTech accounts have allowed customers to make deposits at CVS, Walgreen, and other locations. Now one of those brands is taking on a larger role in the experience by introducing an account of its own. Last week,...

Top 10 Personal Finance Articles of the Month — August 2021 1

It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. To start things off this month, we'll take a look into the past and to the future for some financial wisdom. After that, we'll check...

Millions of Americans Expecting to Purchase Vehicles This Labor Day

Like many American holidays, Labor Day is often tied to various sales at numerous retailers. In particular, the September date has long been associated with auto sales as dealerships look to offload the current year models ahead of new arrivals. Sure enough, a survey from the personal finance site WalletHub...

Aldi Curbside Pickup Review — Is it Worth it? 3

Over the past few months, I've been a bit torn. While I love saving money and keeping costs down, the convenience of grocery delivery has proven too powerful for me to resist. Now one of my favorite discount grocery stores is rolling out a better option with the introduction of...