British financial app Revolut has brought its robo-advisor to U.S. soil. The automated investing feature manages customers’ investment portfolios for them with fees Revolut says are lower than the ones offered by traditional companies. “We know that many of our customers do not have the time...
Truist’s Foundry startup has an app that rewards users for building healthy financial habits. Dubbed “Long Game,” the mobile app gives Truist clients the chance to earn monetary rewards for their financial wellness efforts, the bank said in a news release Thursday (May 18). “Truist Long Game...
Candidly has raised $20.5 million in a Series B round to help reduce student debt. The firm embeds its student debt and savings optimization platform within the digital experiences of partners like employers, retirement recordkeepers and financial services companies to help users pay down their...
It’s a renaissance for non-institutional market participation, and Robinhood wants to capitalize on that environment. The commission-free trading app told investors during its fourth quarter 2022 earnings call Wednesday (Feb. 8) that by targeting customers affected by macroeconomic headwinds with strategic value-add solutions, as well...
With a roster of 49 million active users and a record $52 billion of inflows — including a spike in direct deposits — Cash App is looking more and more like a major, multi-featured, traditional bank these days than the mobile peer-to-peer payments system it...
Robinhood, the popular brokerage app, will lay off about 23% of its staff as customers slow down trading, The Wall Street Journal (WSJ) wrote Tuesday (Aug. 2). This is the second time the company has made a round of layoffs this year, following a cut...
Silver Spring, Maryland-based Truebill announced on Tuesday (June 1) that it has raised $45 million. The company said the cash will be used to “expand its platform of financial management tools to give users more visibility and control of their money.” In a press release,...
Even Financial has launched a new application, Financial Products for Salesforce, available on the Salesforce AppExchange to help financial advisors and other businesses expand their financial service offerings, the B2B FinTech announced Wednesday (April 14). By using Salesforce Contact Data and machine learning, Financial Products...
After raising $2.4 million in funding, FinTech startup EarlyBird has released a mobile app that will make it possible for parents and others to both donate toward a child’s future and deliver a personal message. In a press release, EarlyBird said its mobile app will...
