The Motley Fool

JANUARY 28, 2024

One of the fairly recent additions to Berkshire Hathaway's portfolio that intrigued me was Ally Financial (NYSE: ALLY) , the world's leading digital-only bank and a top provider of auto insurance and financing. I now have a savings account, a CD, a brokerage account, and I'm planning to make Ally my primary financial institution.

Financial Institutions 246

Financial Institutions Banks Conglomerates Financing 246

The Motley Fool

AUGUST 31, 2024

Institutions like Kiva and the Small Business Administration offer smaller loans that can range from a few thousand dollars to $50,000. Also check out Community Development Financial Institutions, or CDFIs. Seller financing Maybe you want to buy a business but don't have the capital or credit necessary to do so.

Crowdfunding 130

Crowdfunding Financing Finance Financial Institutions 130

The Motley Fool

AUGUST 14, 2023

Now what It's unclear to what extent Dropp will be utilized relative to the other service providers on the FedNow platform.

Financial Institutions 246

Financial Institutions Financing Finance Capital 246

The Motley Fool

JANUARY 23, 2024

Trying to disrupt a major market Ripple is one of the oldest blockchain networks; it was launched in 2012 to facilitate cross-border transactions for financial institutions. What's interesting is that Ripple's focus on financial services preceded the rise of other promising networks, like Ethereum and Solana.

Financial Institutions 246

Financial Institutions Financial Services Banks Legal 246

The Motley Fool

DECEMBER 29, 2023

Let's look at the single best way to finance your new electric vehicle -- with a green auto loan. Green auto loans: Special financing for EVs When you buy an electric vehicle, you can get an auto loan to help pay for your car, just like you would with any other car.

Financing 130

Financing Finance Financial Institutions Banks 130

The Motley Fool

SEPTEMBER 2, 2023

Your finances have been compromised It could happen at any time. Whenever you've lost track of a piece of financial information and are concerned that someone might have access to your bank or credit card accounts, you should keep tabs on your credit report (in addition to notifying the financial institutions involved).

Financing 246

Financing Finance Financial Institutions Accounting 246

The Motley Fool

MARCH 28, 2025

Segment Revenue Growth Product Growth Profit Growth Consolidated 19% 32% 594% Loans 18% 21% 9% Financial services 84% 34% 358% Tech platform 6% 15% 5% Data source: SoFi quarterly reports. They're likely just starting their financial journeys, and their financial needs will grow over time. financial institution.

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Initial Public Offering Financial Institutions Financial Services Accounting 245

Private Equity Wire

OCTOBER 1, 2024

Dechert LLP has appointed Anthony Lombardi as a fund finance partner in London to help expand its fund leverage capacity across asset classes, including private equity funds, hedge funds and private credit funds, and bolster its presence in Europe.

Financing 96

Financing Finance Hedge Funds Funds 96

The Motley Fool

APRIL 11, 2024

Given this unique property, a stablecoin can act as a bridge between the world of traditional finance (which uses real-world dollars) and the world of blockchain finance (which uses digital dollars). They are enormously important in getting mainstream financial players (such as banks) involved in the world of blockchain finance.

Securities and Exchange Commission (SEC) 243

Securities and Exchange Commission (SEC) Financial Institutions Financing Finance 243

The Motley Fool

OCTOBER 11, 2024

Although we can't say exactly what the average mortgage rate will be or how much you'll pay to finance a car, it's safe to assume that credit will be much less expensive than it is now. In fact, banks and other financial institutions don't always wait for the Fed to make an actual drop.

Financial Institutions 245

Financial Institutions Debt Accounting Banks 245

The Motley Fool

AUGUST 17, 2023

At the forefront of the burgeoning sector of decentralized finance (DeFi) , Ethereum (CRYPTO: ETH) stands as the undisputed leader. Image source: Getty Images. Adding to the trend, the National Bank of Australia (NAB) unveiled its own stablecoin in March, a significant step toward facilitating cross-border payments.

Investing 246

Investing Financial Institutions Banks Financing 246

The Motley Fool

MARCH 14, 2025

So it's reasonable to say that ETFs getting approved would support the investment thesis for buying XRP, which is namely that it's the token of choice for financial institutions that need to transact internationally a lot of the time.

Securities and Exchange Commission (SEC) 188

Securities and Exchange Commission (SEC) Financial Institutions Exchange-Traded Funds Asset Management 188

The Motley Fool

DECEMBER 15, 2023

In contrast to many large financial institutions, Ares works with a lot of middle-market companies that may be underserved by traditional capital providers. Moreover, that valuation also pales in comparison to those of Hercules Technology Growth Capital and Horizon Technology Finance, which have P/B ratios of more than 1.2.

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Mergers and Acquisitions Exchange-Traded Funds Banks Financial Institutions 246

The Motley Fool

JANUARY 29, 2024

Unclaimed property is held within financial institutions or companies. Check out our personal finance resources for more tips. Each year, Unclaimed Property Day serves as a way to bring more awareness so Americans can reclaim property that belongs to them. Learn more here. Each state maintains a database of unclaimed property.

Financial Institutions 246

Financial Institutions Financing Finance Accounting 246

The Motley Fool

MARCH 24, 2024

A big part of women's history is about money: when, whether, and how women are allowed to earn their own money, control their own money, and make their own decisions about personal finances. Financial inclusion is the right thing to do, and it's good for financial institutions!

Banks 264

Banks Financial Institutions Venture Capital Financing 264

The Motley Fool

OCTOBER 16, 2024

This innovation has paved the way for decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and the tokenization of other assets, all of which run on Ethereum's blockchain. DeFi tokens, for example, represent a new wave of financial innovation.

Investors 246

Investors Investing Assets Financial Institutions 246

The Motley Fool

AUGUST 11, 2024

Ripple claimed its ledger could provide its customers with secure, instant, and "nearly free global financial transactions of any size with no chargebacks." Second, Ripple is reportedly getting ready to upgrade the XRP ledger with new tools for developing decentralized finance ( DeFi ) apps and dynamic non-fungible tokens ( NFTs ).

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Financial Institutions Stakes Banks 246

The Motley Fool

JULY 1, 2023

The SBA will have your back If you've attempted to secure a loan through another financial institution but have been turned down, the SBA will act as your wingman by guaranteeing up to 50% of your loan amount. To provide short-term working capital for things such as seasonal financing. The business must be located in the U.S.

Collateral 225

Collateral Financial Institutions Financing Finance 225

The Motley Fool

FEBRUARY 9, 2024

Read all communication purporting to be from a financial institution carefully -- you might spot typos or email addresses suggesting that the message is not, in fact, from your bank. There are a lot of scammers out there, just itching to get your money and put a serious crimp in your personal finances.

Financial Institutions 246

Financial Institutions Banks Accounting Financing 246

The Motley Fool

MARCH 10, 2024

The online-only financial institution doesn't rely on physical bank branches, instead operating a true digital business model that blends technology and banking. While the business started off offering only financing solutions for students to pay for their educations, SoFi has evolved into a full-fledged banking services provider.

Financial Institutions 246

Financial Institutions Banks Education Financial Services 246

The Motley Fool

DECEMBER 30, 2023

Check with local financial institutions to see if any offer green auto loans. Plus, auto loan rates may come down, which could make financing an EV even cheaper. These are similar to traditional auto loans in that they use the vehicle for collateral. But they typically offer lower interest rates.

Financing 130

Financing Finance Collateral Taxes 130

The Motley Fool

MARCH 15, 2024

government is with its financial institutions. While past strong performance is no guarantee of future success, these two Canadian finance giants have clearly proven that they are reliable dividend payers. This is important when you are looking at banks because banking regulation is handled differently in different countries.

Banks 244

Banks Financial Institutions Financing Finance 244

The Motley Fool

AUGUST 25, 2024

Ripple promoted XRP as its native cryptocurrency, but many financial institutions simply used its blockchain to make traditional fiat currency payments. It says its blockchain can process real-time gross payments, remittance transfers, and currency exchange transactions at a faster rate with much lower fees.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Exchange-Traded Funds Financial Institutions Accounting 246

The Motley Fool

DECEMBER 25, 2023

However, some financial institutions and third-party service providers offer monitoring for free. Not to put too fine a point on it, but your credit and personal finances are at stake. Take advantage of free credit monitoring services As mentioned, there are companies that provide a monitoring service for a fee.

Banks 245

Banks Financial Institutions Accounting Financing 245

The Motley Fool

AUGUST 20, 2023

Consumers have flocked to Cash App, a personal finance tool with 54 million monthly active users. Cash App is consistently ranked as the top finance app on the Apple App Store. And it benefits from having extremely low customer acquisition costs, especially compared to traditional financial institutions.

Financial Institutions 246

Financial Institutions Financing Finance Accounting 246

The Motley Fool

NOVEMBER 22, 2023

Under these circumstances, why would a personal finance writer who follows the economy pretty closely hang onto an account paying a measly 0.01% APY? It's also not a bad idea to diversify your savings Another reason I've kept my old savings account is because I like the idea of having money available with different financial institutions.

Accounting 246

Accounting Banks Financial Institutions Debt 246

The Motley Fool

FEBRUARY 12, 2024

One of the solutions Congress came up with was the Bank Secrecy Act (BSA), a law that established how banks must conduct record keeping and when a financial institution was obligated to report unusual withdrawals to the federal government.

Banks 239

Banks Financial Institutions Accounting Taxes 239

The Motley Fool

SEPTEMBER 23, 2024

Long-time crypto investors will probably recognize the name Chainlink, because this was one of the cryptocurrencies leading the charge for decentralized finance (DeFi) during the previous crypto bull market rally. How does Chainlink fit into the asset tokenization trend? Risk factors Investing in Chainlink is not for the faint of heart.

Assets 242

Assets Financial Institutions Consulting Consultants 242

The Motley Fool

JULY 15, 2023

It facilitates real-time global transactions, allowing financial institutions to transfer money across borders swiftly and at a low cost. Ripple sets up local currency translation services with banks around the world, and its systems are primed to serve billion-dollar transactions between financial whales in different countries.

Financial Institutions 246

Financial Institutions Banks Financing Finance 246

The Motley Fool

NOVEMBER 19, 2024

Fidelity and Bank of America are two major national financial institutions that offer HSAs. You could also use a high-yield savings account , or as a last resort, consider medical credit cards to finance your healthcare expenses. Decide how much money to contribute to your HSA.

Accounting 246

Accounting Taxes Financial Institutions Banks 246

The Motley Fool

AUGUST 25, 2024

Consumer demand for loans declined sharply, and risk appetite dried up among Upstart's financing partners, so the company struggled to find reliable funding for its originations. Unfortunately, Upstart came unstuck when interest rates started to rise in 2022.

Financial Institutions 246

Financial Institutions Banks Debt Financing 246

The Motley Fool

DECEMBER 17, 2023

However, because an increase in the federal funds rate makes short-term borrowing more expensive for financial institutions, they tend to pass that cost onto consumers who seek to borrow money. Another step to take when financing a car is to shop around with different lenders. But will auto loans get less expensive in 2024?

Financial Institutions 225

Financial Institutions Debt Prospects Financing 225

The Motley Fool

JANUARY 21, 2024

You'll then have to open your HSA with a separate financial institution that offers those accounts and make contributions through that company. If you can benefit from an HSA, they can be vital tools for saving for medical costs while reducing taxable income -- potentially a win for your personal finances.

Taxes 241

Taxes Financial Institutions Financing Finance 241

The Motley Fool

SEPTEMBER 2, 2023

Block is making progress with Square and Cash App The investment thesis for Block centers on its ability to simplify commerce for sellers and finance for consumers. And it does so while incurring much lower costs than traditional financial institutions. Looking ahead, management estimates its U.S.

Investing 246

Investing Financial Institutions Accounting Financing 246

The Motley Fool

SEPTEMBER 6, 2023

Meanwhile, the Cash App ecosystem simplifies consumer finance by allowing users to borrow, send, spend, and invest money from a single interface, and it offers that functionality while incurring much lower costs than traditional banks.

Exchange-Traded Funds 246

Exchange-Traded Funds Investing Financial Institutions Banks 246

The Motley Fool

JUNE 28, 2024

After navigating the tricky waters of start-up financing, I discovered a path less trodden but incredibly rewarding: Securing a loan through a community-based lender. Finding the right lender Securing the capital to place my first large order meant exploring various financing options. GNEC is not your ordinary lender.

Startups 130

Startups Financial Institutions Funds Financing 130

The Motley Fool

JUNE 30, 2023

Most credit card companies and financial institutions offer credit monitoring services for free, which can alert you to any unauthorized activity on your accounts. Most financial experts suggest avoiding whole life insurance and buying term life insurance instead and investing the difference in cost.

Financial Institutions 246

Financial Institutions Consulting Consultants Financing 246