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Small Business Banking FinTech Novo Raises $4.8 Million Seed Round

A startup with a stated goal of helping other startups manage their money just received a big chunk of change in venture seed financing. FinTech firm Novo announced this week that it had raised $4.8 million in a round led by Crosslink Capital. While Crosslink's investment totaled $3.5 million, other...

Report Suggests Vast Majority of Bitcoin Trade Volume is Faked

There are several aspects of cryptocurrencies that have served to keep them from truly reaching mainstream status. While much-reported hacks are one element scaring off investors, concerns over market manipulation — including "pump and dump" schemes — have also been rampant. Now a new report is stoking those fears once...

Study Finds Average U.S. Household Has $8k+ in Credit Card Debt 3

It's sad to say that, for many Americans, credit card debt is just a fact of life. Currently our total outstanding credit card debt tops $1.03 trillion dollars. What's more it seems that attitudes toward debt continue to evolve, leading the majority of adults to admit they'd take on debt...

Majority of Small Business Owners Have Skipped Paying Themselves 2

One of the most challenging aspects of running a small business is managing cash flow and ensuring that you have enough working capital to operate. Not only can this be stressful but can also occupy a lot of time that entrepreneurs could be using to further other goals. Moreover a...

Money at 30: Quickbooks TurboTax Self-Employed Tax Bundle Review 5

Well, I did it. For the second year in a row, I successfully completed my own tax return. After trying Credit Karma Tax last year, this time around I decided to upgrade my Quickbooks Self-Employed subscription to the Tax Bundle, entitling me to one free federal and state filing with...

Apple Officially Announces Apple Card Credit Card

Well, the rumors were true: Apple will soon offer their own twist on a credit card. This week the Cupertino-based company — in partnership with Goldman Sachs and Mastercard — officially announced Apple Card. With an emphasis on financial health, unique perks, and of course a new level of Apple...

Universal Basic Income: What It Is and What People Are Saying About It 3

In recent years, universal basic income has been discussed by several notable figures, including Silicon Valley totems Elon Musk and Mark Zuckerberg as well as political notables like Barack Obama and Bernie Sanders. Yet, while you might assume that, based on those names, UBI was strictly a progressive platform issue,...

ICBA Asks Regulators to Close FinTech FDIC “Loophole”

With the 2020 election cycle already kicking into high gear, several of the hot topics being touted on the campaign trail revolve around technology. From fears over automation impacts to calls to break up Silicon Valley giants, there are those on both sides calling for greater regulation on emerging technologies....