Yonder has raised 23.4 million pounds (about $31.1 million) to expand its credit card designed to help cardholders build good credit habits while earning rewards. The London-based company will use the new funding to grow its team, launch new rewards and accelerate its expansion outside...
DailyPay has debuted “Credit Health,” a tool to help users monitor their financial wellness. Announced Monday (Sept. 16), the offering is integrated into the earned wage access (EWA) company’s app, letting users stay on top of their credit status. The company said the need for...
“Build it and they will come.” The sentiment behind that iconic line might be apropos of the startup world, and for FinTechs in particular. Drill down into a particular subset of FinTechs – in this case, personal finance-focused FinTechs – and we see that headwinds...
Mastercard is upgrading its open banking for lending program, powered by employment/income verifier Argyle. The new features, announced Tuesday (Aug. 13), lets Mastercard offer income and employment coverage to the estimated 95% of the U.S. workforce who are paid through direct deposit. “Securing a loan...
June 24, 2024
Although consumer spending dipped slightly last month, not all spending choices are created equally. While some consumers curtail spending by choice, others do it entirely out of necessity. Distinctions in spending habits become clearer when examining how and when consumers use credit to cover their expenses. As PYMNTS Intelligence found when researching “Contrasting the Consumer […]
May 20, 2024
Over the last several months, PYMNTS Intelligence data has revealed in separate reports that tens of millions of consumers would opt for a single point of access to manage banking...
April 19, 2024
Health is wealth, in more ways than one. That’s because disparities in healthcare spending between patients are highly correlated to disparities in health outcomes. And, due to the historical underrepresentation...
March 19, 2024
Social media is very much under the microscope lately due to the controversy surrounding a potential TikTok ban and various cases regarding its regulation in front of the Supreme Court. And with that...
October 09, 2024
SoFi Technologies has added two new credit cards to its one-stop shop for digital financial services. One card is designed for consumers who prioritize earning rewards on their daily spending, while the other is for those focused on building or improving their credit scores, the company said in a Wednesday (Oct. 9) press release. “We’re excited […]
September 19, 2024
Yonder has raised 23.4 million pounds (about $31.1 million) to expand its credit card designed to help cardholders build good credit habits while earning rewards. The London-based company will use...
September 16, 2024
DailyPay has debuted “Credit Health,” a tool to help users monitor their financial wellness. Announced Monday (Sept. 16), the offering is integrated into the earned wage access (EWA) company’s app,...
August 13, 2024
Mastercard is upgrading its open banking for lending program, powered by employment/income verifier Argyle. The new features, announced Tuesday (Aug. 13), lets Mastercard offer income and employment coverage to the...