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Posts Tagged ‘money’

5 Ways To Manage Money When You’re Broke

Having financial stability can be empowering—you can get your needs and indulge your wants without anxiously waiting for the next paycheck. It also allows you to prepare for emergencies and other unexpected circumstances. With the pandemic affecting the livelihoods of many, it is critical to stay on top of your finances to remain secure in ...

Millions of pandemic stimulus payments were deposited in wrong customer accounts due to IRS error, says TurboTax

Millions of pandemic stimulus payments were mistakenly deposited in the wrong customer accounts as the result of an Internal Revenue Service error, said Intuit TurboTax, which is helping distribute this new round of pandemic stimulus payments. Here ... ...

Venmo adds a check cashing feature, waives fees for stimulus checks

Venmo this morning announced it will begin to offer a new check cashing service, “Cash a Check,” in the Venmo mobile app. The feature, which is being rolled out to select users starting today, can be used to cash printed, payroll and U.S. government checks, including the new stimulus checks, the company says. Though typically ...

EarlyBird’s new app lets families and friends ‘gift’ investments to children

A new fintech startup called EarlyBird wants to help families invest in their children’s financial futures. Through the EarlyBird mobile app, parents in just a few minutes can create a custodial account, also known as a UGMA (Uniform Gifts to Minors Act) account. These accounts typically allow a parent, aka the “custodian,” to invest in ...

XRP cryptocurrency crashes following announcement of SEC suit against Ripple

The value of one of the world’s most valuable cryptocurrencies is crashing and a recently filed SEC complaint is at the root of the free fall. According to CoinMarketCap, the XRP token’s value has declined more than 42% in the past 24 hours and is down more than 63% from its 30-day high of $0.76. ...

Austin-based ReturnSafe raises $3.25 million for its employee health management tools

ReturnSafe, a symptom checking and contact tracing employee health management toolkit for businesses, has raised $3.25 million in financing from investors including Fifty Years and Active Capital.  With companies looking to reopen operations and have their employees return to work safely, management toolkits that track employee health are piling into the market offering all sorts ...

Economist Richard Murphy explains what money and taxes actually are and how they work

Richard Murphy is an economist who blogs at TaxResearch.org.uk. He's also a visiting professor and consultant on economics and management at several universities; as well as an advisor to the Fair Tax Mark; company secretary of the Green... ...

Indiegogo founder launches alternative investments discovery platform Vincent

As more and more alternative investment marketplaces pop up around specific verticals like art or collectibles, Indiegogo founder Slava Rubin is launching a Kayak-like platform called Vincent which helps curious investors get a handle on what the entire asset class has to offer. Rubin and co-founders Evan Cohen and Ross Cohen have raised $2 million ...

CVS becomes first national retailer to offer support for PayPal and Venmo QR codes at checkout

PayPal announced this morning that its customers can now use either PayPal or Venmo QR codes when checking out at over 8,200 CVS retail stores across the U.S. This is the first national retailer to integrate PayPal’s QR code checkout technology at point-of-sale, the company noted. The additional checkout option will also expand the number ...

MSCHF’s Push Party raises an unconventional seed round at a $200 million valuation

As part of its latest stunt, MSCHF, a venture-backed creative studio that’s smarter and more audacious than most, is poking a little fun at the venture industry itself and perhaps publications like TechCrunch too. The startup has spun out a rather simplistic app into a separate company and raised an undisclosed amount of seed funding ...