Personal finance

599 articles tagged with this keyword

/retail

BofA launches account to help parents teach kids money lessons

Bank of America has launched an account designed to help parents teach their children how to manage money.

/wealth

Wealth managers failing to meet clients' tech expectations

Investors are prepared to dump their wealth managers if they fail to embrace new technology, suggests recently published research.

/retail

NerdWallet cuts workforce by 15%

US personal finance outfit NerdWallet is reducing the size of its 730-strong full-time workforce by about 15% as part of a restructuring plan to slash operating expenses.

/payments

Westpac starts offering debit cards to eight-year-olds

Australian bank Westpac is now offering debit cards to children as young as eight in a move it says will help them hone their financial skills.

/retail

Chase is the first bank in all lower 48 US states, what next?

Andrea Principe, managing director – Northeast division director – consumer banking, Chase, took to the stage at Future Branches in Boston to explore how while the banking industry faces challenges in sustaining core deposits, deepening customer trust, and building relationships, it is important to learn from failures, reengage with customers, and provide exceptional in-person experiences.

/startups

Prosper smashes £800,000 Crowdcube target

Prosper, the UK WealthTech founded by Tandem and Nutmeg alumni, has hit its £800,000 Crowdcube target before launching to the public.

/retail

HSBC adds savings tool to mobile app

HSBC has added a feature to its mobile app in the UK to help customers identify, plan and manage their saving goals.

/crypto

Bitcoin halving may lead to price drop

On April 20th the bitcoin halving will take place, which is set in the cryptocurrency’s technology to cut the rate at which bitcoin is created. The event happens every leap year and is eagerly anticipated by crypto enthusiasts.

/inclusion

Wagestream raises £17.5m

Financial wellbeing app Wagestream has raised £17.5 million in a funding round joined by a British Business Bank subsidiary.

/startups

SC Ventures and NEXT176 partner up to launch financial wealth platform

Standard Chartered’s investment ventures arm, SC Ventures has joined forced with building and investment arm of Pan-African financial services group Old Mutual, NEXT176, to roll out a financial wellness platform.

/wealth

Chase wealth planning tool draws millions of users

JPMorgan Chase says its free Wealth Plan digital money coach has helped customers create more than a million personalised plans in just a year since launch.

/wealth

Goalsetter raises $9.6m to help families build wealth

Goalsetter a US financial education platform focused on helping families learn how to spend, save and invest, has raised $9.6 million in a Series A extension round.

/inclusion

Sibstar secures £125k from Dragon’s Den

Founder of Sibstar, a debit card and app designed for dementia patients and their families to securely manage their funds, has received £125k from Dragon’s Den investors Sara Davies and Deborah Meaden.

/startups

Circular economy fintech Twig shuts down

Twig, a London-based 'circular economy' fintech is closing down after failing to raise funding.

/payments

Klarna directs users to financial management tools with revival of Money Story

Without any trace of irony, Klarna is reviving a feature which enables customers to look back on their personal spending history over the past year and get nudges to better money management tools in the app.

/startups

Qatar's Karty raises $2m for digital wallet

Qatari digital wallet startup Karty is gearing up for launch after securing more than US$2 million in seed funding.

/retail

Bunq launches GenAI chatbot

Bunq has launched its own generative AI platform that the Dutch neobank says will "wow" customers with its ability to answer money-related questions.

/retail

Bank clients back €15 million investment in Meniga

Groupe BPCE and Crédito Agrícola have joined a €15 million Series D funding round in personal financial management provider Meniga.

/retail

Plum targets Greece with Eurobank backing

UK-based smart money app Plum has secured a €10 million minority equity investment from Greece's Eurobank as part of a strategic partnership in the region.

/wealth

Report predicts boom in Apac's wealthtech market

The wealthtech sector in Asia-Pacific could be worth more than $2trn by 2027 thanks to technological advancements, according to a report published by McKinsey.