Financial Well Being news and trends

Expense-Sharing Apps Adapt to Changing Relationship Dynamics
financial apps // March 08, 2024

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...

Financial Education Can Help Subprime Consumers Triple Borrowing Capacity
Personal Finance // August 31, 2023

In a credit-based economy like the United States, credit scores have a big impact on consumers’ ability to access loans and afford everyday essentials. But as noted in the report “The Credit Accessibility Series: The Credit Insecure Need More Education,” a PYMNTS and Sezzle collaboration,...

Branch Launches Instant Payroll Solution for Workers
Payroll // July 20, 2023

Workforce payments platform Branch announced the launch of Branch Direct, an online instant payment solution that allows companies to pay workers directly to an existing bank account. Commenting on the news, Branch CEO Atif Siddiqi said more companies are making it easier for employees to...

UK-Based Flexible-Pay Platform Wagestream Raises $175M in Series C Round
Investments // April 13, 2022

Wagestream, the flexible pay and financial well-being app, has closed a Series C funding round for $175 million, a report said. This comes as the company prepares to scale up for the undeserved, financially stressed workers in the U.S. The capital will mostly be used...

Interviews & Exclusives
Financial Education Can Help Subprime Consumers Triple Borrowing Capacity

August 31, 2023
In a credit-based economy like the United States, credit scores have a big impact on consumers’ ability to access loans and afford everyday essentials. But as noted in the report “The Credit Accessibility Series: The Credit Insecure Need More Education,” a PYMNTS and Sezzle collaboration, 27% of consumers have credit scores of 650 or less, […]

Quick Reads
Banks Call For Greater BNPL Reporting Transparency

May 07, 2024
In recent years, buy now, pay later (BNPL) platforms have gained popularity among consumers, offering a convenient way to finance purchases through installments. However, the lack of transparency surrounding these loans has raised concerns about the potential risks they pose to consumers and the wider economy, Bloomberg reported Tuesday (May 7). One of the main issues with BNPL […]

Branch Launches Instant Payroll Solution for Workers

July 20, 2023
Workforce payments platform Branch announced the launch of Branch Direct, an online instant payment solution that allows companies to pay workers directly to an existing bank account. Commenting on the...

UK-Based Flexible-Pay Platform Wagestream Raises $175M in Series C Round

April 13, 2022
Wagestream, the flexible pay and financial well-being app, has closed a Series C funding round for $175 million, a report said. This comes as the company prepares to scale up...