4/29/2024 7:23:23 PM Banks pay savers more as ‘higher-for-longer’ rates hit interest income By Sarah Wolter Deposit costs at the largest US banks rose more than interest revenue last quarter for the first time since the Federal Reserve began...
10/21/2022 7:15:56 PM Banks are discovering that holding cash can be lucrative again By Gareth Jones Wall Street giants and scrappy start-ups alike this week have reported substantial jumps in net interest for the quarter that ended on...
9/24/2020 1:56:45 PM Greenlight Financial Technology raises $215m in Series C funding at an upsized valuation of $1.2b By Sarah Wolter Atlanta based provider of an app and debit card products aimed at helping parents teach children how to save raised $215m in Series C...
8/28/2020 2:28:07 PM PrizePool raises $4.3m in Seed funding By Sarah Wolter San Francisco based digital banking startup that incorporates cash prizes raised $4.3m in Seed funding led by Accomplice, Bling Capital,...
7/11/2018 5:26:04 PM Americans invest $1B into Acorns by using spare change By FinTech Collective Nearly 4m Americans have saved and invested over $1b on Acorns, the app the rounds up everyday purchases and invests the spare change. ...
10/26/2017 9:29:00 PM Germans save more than Brits — but they don’t invest By Gareth Jones The Germans squirrel away almost a 10th of their gross household income. Brits, by contrast, are too busy racking up debt on car finance...