Revolut is rolling out a new tool called Goals for its Junior savings card and app that encourages youth to stash away money. The app’s three pillars — allowances, tasks and goals — are intended to help kids 7 to 17 years old understand the...
Grab Financial Group (GFG), a Southeast Asia financial technology (FinTech) and ridesharing company, is expanding its reach with the announcement on Tuesday (Aug. 4) that it will offer consumer loans in Singapore along with wealth management products. Called “Thrive with Grab,” the strategy is designed to tap...
When Microsoft entered the U.S. digital personal finance sector recently with its Money in Excel product, the gloves were off, so to speak, with more major players pushing into a space that’s been pretty much pioneered by startups, FinTechs and neo-banks. So it continues to...
Investment and financial management apps showed stability through the middle of the COVID-19 pandemic, as the latest PYMNTS Provider Ranking of Personal Finance apps shows. The Top Five Not budging from their previous chart positions, the Top Five Personal Finance apps for the month of...
Robinhood, the investment app that upended its market by elimination of commissions on stock trades is bringing its brand of disruption to the United Kingdom. The UK launch is anticipated for early this year since it has obtained regulatory approval. Since November 2019, about 60,000...
In the paycheck-to-paycheck economy, estimates vary slightly. Some analysts have reported that roughly 65 percent of all U.S. workers now live paycheck to paycheck, and a large fraction of those workers struggle to pay their bills. A PYMNTS study, done in collaboration with Mastercard, found...
