Finance Trends

Financial technology company that offers an online banking experience with no monthly fees. Chime provides a checking account, a high-yield savings account, and a secured credit card, all without monthly fees or minimum security deposit requirements, differentiating itself by focusing on fee-free banking services. Chime primarily targets individuals seeking a cost-effective and straightforward online banking solution.

The ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. Financial literacy involves knowledge of financial principles and concepts such as financial planning, compound interest, debt management, and the time value of money, which are essential for making informed financial decisions. This skill set is particularly beneficial for individuals seeking to improve their financial stability and achieve long-term financial goals.

A company specializing in digital sales tax compliance solutions, founded in 2004 by Scott McFarlane. It offers a range of compliance automation software, including tax calculation, document management, and compliance reporting, distinguishing itself through its extensive partnerships with accountants, technology partners, value-added resellers, and system integrators. Avalara primarily serves businesses seeking efficient and accurate tax compliance solutions on a global scale.

Debt collection agency based in Lenexa, Kansas, aiming to transform the debt collection industry and help consumers achieve financial health. TrueAccord differentiates itself by using technology and data-driven approaches to provide a more empathetic and efficient debt recovery process. The company's services are targeted at individuals who owe money, are owed money, or work in related financial fields.

Paytech is a payroll and Human Capital Management (HCM) consulting company based in Denver, Colorado. The company specializes in providing comprehensive payroll services and consulting throughout the full life cycle of HCM systems, differentiating itself with a focus on tailored solutions for businesses. Paytech primarily serves organizations seeking expert guidance and support in managing their payroll and HCM processes efficiently.

Company that owns and develops real estate properties and holds interests in three main business areas: Real Estate, Steel Services, and Industrial Holdings. Onvest differentiates itself by managing a diverse portfolio that spans across multiple industries, providing stability and growth opportunities through its varied investments. The company primarily targets investors and businesses looking for reliable real estate and industrial investment opportunities.

Digital wallet service enabling users to make everyday payments, send and receive money, split bills, and shop globally with a free Visa debit card. Nayapay differentiates itself by offering a comprehensive suite of financial services through a user-friendly mobile app, enhancing convenience and accessibility for its users. The service primarily targets individuals seeking a seamless and efficient way to manage their finances and conduct transactions digitally.

Consumer-facing financial services app that enables users to access their earned wages, savings tools, and rewards quickly. It differentiates itself by offering these services with no interest, no credit checks, and no hidden fees, providing a transparent and user-friendly financial solution. Klover primarily targets individuals seeking immediate access to their earnings and financial tools without the burden of traditional banking fees and credit requirements.

Archaic term that refers to an earned reward or wage, or a fitting return or recompense. The term 'meeded' was historically used to describe compensation or recognition given for services rendered or achievements accomplished. It primarily applied to contexts where individuals received tangible or intangible rewards for their efforts or contributions.

Direct-to-consumer investing platform that provides individual investors with access to top-tier venture and private equity managers. Poolit differentiates itself by democratizing access to high-quality investment opportunities that were traditionally available only to institutional investors, offering a user-friendly interface and lower minimum investment thresholds. The platform primarily targets individual investors seeking diversified investment portfolios and exposure to venture and private equity markets.

Psychological concept where individuals focus on the lack of resources, such as time, money, or opportunities, leading to stress, anxiety, and poor decision-making. This mindset often results in a narrow focus on immediate needs and short-term solutions, rather than long-term planning and growth. It primarily affects individuals who perceive their resources as limited, impacting their ability to make long-term, strategic decisions.

A Home Equity Line of Credit (HELOC) is a type of loan that allows homeowners to borrow against the equity in their home. It provides a revolving line of credit that the borrower can draw from, repay, and draw from again, up to a certain limit, with typically variable interest rates. HELOCs are primarily targeted at homeowners who need flexible access to funds for expenses such as home improvements, education, or debt consolidation.

Refers to the process of earning revenue from an asset, content, or service. This can apply to various contexts such as websites, videos, apps, and other digital content, where revenue is generated through ads, subscriptions, or sales. The target demographic includes content creators, businesses, and developers looking to generate income from their digital assets.

Autopay is a feature offered by many service providers, including utilities, credit card companies, and subscription services, that allows customers to set up automatic payments for their bills. This feature ensures that the amount due is automatically deducted from the customer's bank account or charged to their credit card on a specified date, usually the bill's due date, providing convenience and reducing the risk of late payments. Autopay is particularly beneficial for individuals who prefer a hands-off approach to managing their recurring bills and want to avoid late fees and maintain a good credit score.

Annual Tax on Enveloped Dwellings (ATED) is a tax in the United Kingdom that applies to companies, partnerships with corporate members, and collective investment schemes owning residential property valued above a certain threshold. Introduced to discourage the use of corporate structures to own high-value residential properties, ATED aims to prevent tax avoidance. The tax primarily affects corporate entities and investment schemes holding residential properties valued at more than £500,000.

All-in-one financial solution designed specifically for therapists, combining software and human support to handle various financial tasks. Heard accounting differentiates itself by offering specialized services such as bookkeeping, taxes, and payroll tailored to the unique needs of therapists, ensuring compliance and financial efficiency. The primary target demographic for Heard accounting includes therapists and mental health professionals seeking comprehensive financial management solutions.

Method where institutional or accredited investors purchase stock directly from a public company at a price below the market value. This approach is favored because it has fewer regulatory requirements compared to public offerings, allowing companies to save time and money and raise funds more quickly. Pipe financing is particularly beneficial for public companies seeking rapid capital infusion with minimal regulatory hurdles.

An acronym that refers to five major American technology companies: Facebook (now Meta Platforms, Inc.), Amazon, Apple, Netflix, and Google (now Alphabet Inc.). These companies are known for their significant influence on the technology sector and the stock market, each excelling in areas such as social media, e-commerce, consumer electronics, digital streaming, and search engine technology. The FAANG companies primarily target a global audience, including consumers, businesses, and advertisers, benefiting from their innovative products and services.

An investment vehicle designed to reflect the value of Bitcoin held by the Trust, minus expenses and liabilities. It provides investors with a way to gain exposure to Bitcoin without the need to directly purchase or store the cryptocurrency, differentiating itself by offering a regulated and secure investment option. The Grayscale Bitcoin Trust primarily targets institutional investors and individuals seeking to invest in Bitcoin through traditional financial markets.

Decentralized cryptocurrency exchange that facilitates peer-to-peer trading of Bitcoin and other cryptocurrencies. It operates without a central authority, ensuring security, privacy, and censorship resistance by not requiring personal information from users. Bisq is particularly favored by individuals who prioritize privacy and security in their cryptocurrency transactions.

A Home Equity Line of Credit (HELOC) is a type of loan that allows homeowners to borrow against the equity in their home. It provides a revolving line of credit that can be drawn from as needed, typically featuring lower interest rates due to being secured by the home. HELOCs are commonly used for home improvements, debt consolidation, or other major expenses, and are targeted at homeowners with sufficient equity and good credit scores.

Fintern, founded in 2020, operates two businesses: Abound and Render. Abound is a UK consumer lender that leverages Render's credit decisioning platform, which has been tested on over 5 million credit decisions, providing a data-driven approach to lending. The primary target demographic for Fintern's services includes UK consumers seeking accessible and reliable credit solutions.

Online bank that also operates four branch locations in the Kansas City metropolitan area, serving both small businesses and individuals. It partners with the MoneyPass network, providing customers access to over 37,000 ATMs, and offers various checking and savings accounts. The bank is particularly appealing to customers seeking a combination of online banking convenience and local branch access, and has been recognized with awards such as the 2022 KC Strongest Bank Award.

CoinJoin is a method for combining multiple Bitcoin payments from multiple spenders into a single transaction, making it more difficult for outside parties to determine which spender paid which recipient. This technique enhances the privacy and anonymity of Bitcoin transactions by obscuring the trail of ownership. CoinJoin is particularly beneficial for individuals and entities seeking to protect their financial privacy in the cryptocurrency space.

Integration Platform as a Service (iPaaS) is a cloud-based service that provides automated tools to integrate software applications deployed in different environments. It facilitates seamless communication and data flow between various applications and data sources, offering features like automated workflows, real-time data synchronization, scalability, and ease of use. iPaaS is particularly beneficial for businesses seeking to improve operational efficiency, data accuracy, and overall integration processes.

Bridge Mutual is a decentralized, discretionary peer-to-peer (p2p) and peer-to-business (p2b) insurance platform. It offers coverage for stablecoins, centralized exchanges, and smart contracts, differentiating itself by leveraging blockchain technology to provide transparent and efficient insurance solutions. The platform primarily targets cryptocurrency users and businesses seeking protection against potential losses in the digital asset space.

Brand of central processing units (CPUs) and accelerated processing units (APUs) designed and marketed by Advanced Micro Devices (AMD). Known for their high performance, multi-core capabilities, and competitive pricing, Ryzen processors offer a strong alternative to Intel's offerings in the CPU market. They are primarily targeted at gamers, content creators, and professionals seeking powerful and cost-effective computing solutions.

A financial strategy within the Financial Independence, Retire Early (FIRE) community that aims for a higher level of spending and a more luxurious lifestyle in retirement. FATFIRE targets a higher net worth to support a comfortable and often luxurious retirement, requiring a higher income, significant investments, or successful entrepreneurial ventures. This approach is particularly appealing to individuals who wish to maintain or elevate their current standard of living in retirement, including frequent travel and high-cost activities.

Financial services company that provides growth capital to founders without requiring them to give up control of their business. Uncapped Ltd differentiates itself by offering non-dilutive funding, allowing entrepreneurs to retain full ownership and control while accessing the capital needed for growth. The company primarily serves startups and small to medium-sized enterprises in Europe seeking flexible financing options to scale their operations.

Technology platform that combines insurance expertise, technology, and products to enable digital insurance solutions for carriers, Managing General Agents (MGAs), brands, and more. It helps these entities build, launch, and scale digital insurance programs efficiently, offering a streamlined approach to digital insurance management. The Sure app primarily targets insurance carriers, MGAs, and brands looking to enhance their digital insurance capabilities.