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Goldman Sachs to Acquire Buy Now, Pay Later Platform GreenSky

It looks as though Goldman Sachs is joining the "buy now, pay later" (BNPL) trend. Recently, the bank announced plans to acquire GreenSky in an all-stock transaction valued at approximately $2.24 billion. At this time, the deal is expected to close in Q4 2021 or Q1 2022. GreenSky currently works...

Amex Partners with Extend to Offer Small Businesses Virtual Cards

There's no question that the payments landscape has evolved greatly in just the past few years. In addition to the growing popularity of mobile and contactless payments, another technology that started to catch on is virtual cards. These uniquely generated cards can be used for one-time purchases, subscriptions, or just...

Robinhood Opens Waitlist for Crypto Wallets

At long last, Robinhood is expanding its cryptocurrency platform. According to a blog post from the company, it will begin rolling out its crypto wallet feature to select users next month. Ahead of that, customers can now join the waitlist (although they will need to update their app before doing...

Money at 30: "The Passion Economy" Book Review

Have you ever stopped to think about how many people today are doing jobs that didn't exist a decade ago? Or have you talked to someone at a cocktail party, asked about their job, and thought, "How do you make money with that?" If so, then you may have found...

Renters Loyalty Program and Credit Card Bilt Rewards Raises $60 Million

Just three months after debuting, Bilt has announced that it's raised $60 million in a growth fund round. Investors include the likes of Wells Fargo and Mastercard as well as a group of real estate owners including Blackstone, AvalonBay Communities, Douglas Elliman, Starwood Capital Group, and several others. Launched earlier this...

Visa Adds New Cardholder Benefits to U.S. Consumer Credit Cards

When most consumers shop for a new credit card, they likely look at the rewards and perks that the specific card has. However, in addition to these benefits, customers may not be aware that their card could unlock additional privileges. For example, Visa has just announced new offers available to...

Mastercard Acquires Cryptocurrency Intelligence Company CipherTrace

Over the past few years, cryptocurrencies and blockchain technology have steadily become more mainstream. At the same time, they've also faced criticism and regulatory scrutiny. Now, in a bid to make digital currencies safer and more trusted for all, Mastercard has acquired the firm CipherTrace for an undisclosed amount. CipherTrace...

FinTech Credit-Building Card Startup Tomo Raises $10 Million

Another FinTech disruptor has just revealed a significant early-round investment. Earlier this week, TomoCredit announced that it had raised $10 million. The Series A was led by Kapor Capital and KB Investment Inc. with additional participation from Lewis & Clark Ventures. This round follows Tomo's $7 million seed round closed...