Tala has secured a $150 million debt facility to expand what it calls “the world’s most accessible financial services.” The company will use the proceeds from the facility to support its growing business in Mexico, enhance its lending capabilities and continue delivering data-enabled financial infrastructure,...
Robinhood has added a prediction markets hub to its app, allowing users to trade on the outcomes of events. The first contracts, which started rolling out Monday (March 17), cover what the upper bound of the target Fed funds rate will be in May and...
Financial software firm Intuit is integrating two of its most popular consumer finance offerings. “Upcoming innovations across TurboTax and Credit Karma will deliver a single, connected consumer financial platform that delivers insights and recommendations year-round and done-for-you experiences at tax time,” the company said Thursday...
Fifth Third now offers free digital financial education programs for students from elementary school through high school. The bank has expanded access to its Fifth Third Bank Finance Academy to junior high students, adding them to the high school students for whom the program was...
Shopping/financial services app Tabby is acquiring Saudi digital wallet Tweeq. The deal, announced Tuesday (Sept. 3), will let Tweeq continue to operate independently, while allowing Tabby to consider expanding its financial products suite to include features like digital spending accounts, cards and money management tools....
Robinhood has introduced new, lower margin rates that it said are the lowest among leading brokerages. The rates vary based on the customer’s total margin balance and range from 5.7% to 6.75%, the online brokerage said in a Tuesday (May 21) press release. Six rates are offered...
Digital bank Onyx Private is reportedly changing its business model and “moving away from the B2C model.” The company is not shutting down, Onyx Private CEO Victor Santos told TechCrunch in a report posted Monday (March 18). Santos said this when asked by TechCrunch about an email Onyx Private sent...
Budgeting and managing expenses are fundamental aspects of individual financial well-being. However, when it comes to couples, these practices take on a heightened significance. Financial disagreements rank among the top contributors to relationship strain and even divorce, underscoring the critical importance of effective money management...
Intuit is shutting down its personal finance website and mobile app Mint and inviting users to migrate to its Credit Karma offering. Mint will no longer be available as of Jan. 1, Intuit said in a Tuesday (Oct. 31) blog post. Users can download their Mint data and join Credit Karma....