SoFi Technologies, Inc., a digital personal finance company, has released its first SoFi Invest Midyear Investor Report. The report reveals that many investors feel they are not meeting their ideal investment targets for their age. Gen X is particularly concerned about lagging in their investment journey.
PlanHub and Billd have announced a strategic partnership to help subcontractors secure project financing during preconstruction. This integration aims to provide subcontractors with solutions to manage cash flow effectively, enabling them to tackle financial challenges when growing and executing their project pipelines.
Barclays US Consumer Bank and Breeze Airways have announced a long-term agreement to issue co-branded credit cards for the airline. The program is set to launch in early 2024 and will operate with the Visa payment network. These credit cards will enable cardmembers to earn points redeemable for flights with Breeze and other everyday purchases.
Barclays has announced the appointment of John J. Erdmann as Chief Financial Officer for its US Consumer Bank and Barclays Bank Delaware. In his new role, Erdmann will manage the bank's consumer financial operations in the United States, which include financial reporting, planning and analysis, forecasting, expense management, and financial controls.
Barclays US Consumer Bank has announced the appointment of Doug Villone as Head of US Cards and Partnerships. Villone will oversee the bank's consumer credit card programs and manage strategic partnerships with over 20 major American brands.
Barclays US Consumer Bank is conducting its third annual "Small Business Big Wins" contest, offering $255,000 in prize money to small business owners who share their experiences and challenges in building a business. The grand prize for the most compelling story is $60,000.
Barclays US Consumer Bank has selected Team One as its new agency of record for strategic and creative marketing. This decision follows a thorough review process aimed at supporting the bank's strategy and growth in the U.S. consumer market.
Billd, a provider of financial solutions for commercial subcontractors, has secured a $100 million debt facility led by LL Funds LLC. This move aims to address the growing demand for Billd's Material Financing and Pay App Advance products, which tackle working capital challenges in the construction industry.
Billd has announced the appointment of Burak Gunes as its new Chief Risk Officer. Gunes, a former executive at Capital One, brings with him extensive experience in risk management, credit analysis, and analytics after two decades in various leadership roles within established financial institutions.
Barclays US Consumer Bank has announced a multi-year extension of its credit card partnership with Carnival Corporation, the world's largest cruise company. Since 2004, Barclays has been the exclusive issuer of Carnival's travel rewards credit card program in the United States. This program is designed for those who vacation with Carnival and its associated brands, which are part of the World's Leading Cruise Lines.
Billd has announced a partnership with ConstructConnect, aiming to enhance bid strategies for trade contractors by providing access to project financing solutions. This collaboration will allow subcontractors using ConstructConnect to secure approval on financing more easily, increasing their competitiveness and enabling them to take on additional projects.
Barnes & Noble and Barclays US Consumer Bank have announced a multi-year extension of their credit card partnership. Barclays has been the exclusive issuer of the Barnes & Noble Mastercard since 2006, providing rewards for purchases at Barnes & Noble and other merchants worldwide.
Gap Inc. has introduced a new credit card program in collaboration with Barclays US Consumer Bank and Mastercard. The initiative, first announced last year, designates Barclays as the official issuer of Gap Inc.'s co-branded and private label credit cards in the U.S. and Puerto Rico via the Mastercard global payment network.
Barclays US Consumer Bank has announced the winners of its "Small Business Big Wins" promotion, with Ashland Birth Center from Wisconsin receiving the $60,000 grand prize. The center provides a range of midwife services and parental guidance throughout childbirth stages. It was chosen as the winner through a nationwide vote among ten finalists.