Moven closes consumer-facing business, pushes customers to Varo
As Moven begins shutting down its consumer-facing businesses, the digital banking platform is funneling its customers to Varo Money. “Moven...
Wealth Management
LendingTree: Personal loan inquiries at calendar-year lows
The COVID-19 crisis is taking its toll on the personal loan industry. According to data from LendingTree, the publicly traded...
Weekly Wrap: SBA loans, SoFi and Galileo take center stage
One week after the Small Business Administration launched its Paycheck Protection Program, banks and fintechs alike are still navigating best...
Fintechs push education for struggling customers
Challenger banks are finding their educational and budgeting tools increasingly relevant as the novel coronavirus rattles the economy. “This is...
SoFi to buy Galileo for $1.2B to broaden reach
In a year of major fintech acquisitions, SoFi today announced a $1.2 billion deal to acquire Galileo, a financial services...
Weekly Wrap: PPP ramp up dominates the credit industry
The Small Business Administration's Paycheck Protection Program went live today, and confusion reigned. Despite shelter-in-place mandates for better than 80%...
Plaid pulls Excel into fintech services
Microsoft Excel’s budgeting features received a major overhaul this week to become a full-service personal finance management tool through data...
Ant, Vanguard target 900 million users with robo adviser
Vanguard Group and Ant Financial’s joint venture is rolling out a new robo adviser to target the Chinese fintech giant’s...
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Ally Invest trade volume spikes 300% with market volatility
As the coronavirus pandemic continues to rock the U.S. economy, the volume of trade on the Ally Invest platform has...
