Banks pay savers more as ‘higher-for-longer’ rates hit interest income
Deposit costs at the largest US banks rose more than interest revenue last quarter for the first time since the Federal Reserve began...
News by FinTech Collective
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Banks are discovering that holding cash can be lucrative again
Wall Street giants and scrappy start-ups alike this week have reported substantial jumps in net interest for the quarter that ended on...
Greenlight Financial Technology raises $215m in Series C funding at an upsized valuation of $1.2b
Atlanta based provider of an app and debit card products aimed at helping parents teach children how to save raised $215m in Series C...
PrizePool raises $4.3m in Seed funding
San Francisco based digital banking startup that incorporates cash prizes raised $4.3m in Seed funding led by Accomplice, Bling Capital,...
Americans invest $1B into Acorns by using spare change
Nearly 4m Americans have saved and invested over $1b on Acorns, the app the rounds up everyday purchases and invests the spare change....
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