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Average Mortgage Rate Falls Below 3%

Those looking to buy a home or to refinance may encounter lower interest rates than they have before. According to Mortgage News Daily, the average rate for a 30-year fixed mortgage fell to just 2.97% last week. That marks a new record low as the economy continues to experience impacts...

Celsius Looking to Raise $15 Million from BnkToTheFuture Community, Not VCs

Under normal circumstances, a FinTech startup looking to grow would solicit various venture capital (VC) firms in the hope of finding investors. This is something we've seen a lot of lately, such as the crypto trading platform FalconX recently raising $17 million. However, just as cryptocurrencies boast a decentralized financial...

Qube Money Announces Partnership with Galileo for Innovative App and Debit Card

When it comes to the financial technologies field, it would seem that many startups view themselves more as cohorts than strictly competitors. That dynamic has been evident from the widespread adoption of Plaid among personal finance apps to the recent team-up of crypto tax service providers. This week, another tag-team...

Money at 30: SaverLife Review 3

Saving money is rarely easy. Even if there is technically room in your budget, many of us need a little extra push in order to actually start setting money aside. Because of this, several FinTechs have rolled out unique solutions aimed at getting people to better their finances. Unfortunately, some...

Paycheck Protection Program Flexibility Act Adjusts Popular Program

As businesses across the country slowly begin to reopen their doors, those entrepreneurs who took out Paycheck Protection Program (PPP) loans are getting some new updates. For the unfamiliar, the initiative was initially introduced as part of the better known CARES Act and brought $349 billion in loans to small businesses....

American Express Platinum Card Review 3

This review has been a long time coming… or at least it feels that way. It’s now been a few months since I took the plunge and decided to apply for the Platinum Card from American Express — also known as the Amex Platinum card, American Express Platinum, Plat, and...

Varo Raises $241 Million in Funding Ahead of Bank Charter Approval

Once again, despite the challenges the current pandemic has brought upon the U.S., FinTech firms are still closing major deals. Last week Varo announced that it had just concluded a $241 million funding round. The impressive Series D was co-led Gallatin Point Capital and returning investor The Rise Fund. Other...

Top 10 Personal Finance Articles of the Month — May 2020 3

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. We'll start things off with some more looks at money during a pandemic. Then, we'll talk about changing financial directions. Finally, we'll cover saving on...