financial

  • Credit Karma Rolls Out Free Weekly Credit Reports (Yes Really)

    Credit Karma Rolls Out Free Weekly Credit Reports (Yes Really)

    Online credit monitoring startup Credit Karma is rolling out free credit reports. And no, it’s not a scam. Over the years, consumers have been burned by websites offering “free” credit reports which had more than a few strings attached. After signing up for their free report, these misleading sites would then begin billing the unsuspecting users on a monthly basis… Read More

  • Hong Kong-Based Financial Startup WeLab Raises $14M Series A From Sequoia And TOM Group

    Hong Kong-Based Financial Startup WeLab Raises $14M Series A From Sequoia And TOM Group

    WeLab, the startup that runs WeLend, Hong Kong’s first peer-to-peer lending site, has raised a $14 million Series A from TOM Group and Sequoia Capital. The company says it plans to launch a new product in mainland China later this year that will use big data for credit risk modeling, as well as establish strategic partnerships with mobile, e-commerce, and financial companies. Read More

  • Now Out Of Beta, Tykoon Teaches Kids (And Parents) About Managing Finances

    Now Out Of Beta, Tykoon Teaches Kids (And Parents) About Managing Finances

    NYC-based financial services startup for families, Tykoon, is exiting its private beta and is launching its first mobile app for iPhone. The company, which aims to change the ways kids think about and use money, is more that your typical allowance tracker application – it’s a platform for earning, saving, giving and spending, the latter which includes kid-friendly access to a… Read More

  • BodeTree Is A Financial Tool For People Who Hate Finance

    BodeTree Is A Financial Tool For People Who Hate Finance

    Today, a company called BodeTree is launching a new web-based solution to help small business owners make better sense of their financial data. Like another new startup in the SMB realm (that being InvoiceASAP), BodeTree is also leveraging QuickBooks to help import data into its service, but instead of focusing on online invoicing and payments, BodeTree wants to provide business owners with… Read More

  • ReadyForZero Helps Users Pay Off $12.5M In Debt; Now Launching Offers Platform

    ReadyForZero Helps Users Pay Off $12.5M In Debt; Now Launching Offers Platform

    ReadyForZero, an online financial service (and YC alum) focused on addressing a real need – getting people out of debt faster – appears to be working. The company, which is now reporting 13% month-over-month growth, says its users have paid off $12.5 million in debt to date, out of the nearly $200 million worth of debt managed by the service. That number has been growing quickly, too. Read More

  • Tesla Reports Q2 Financials (updated)

    Tesla has released the details of their 2010 Q2 financial performance, and it looks like things are coming up roses for the nascent auto maker. Sales are up, with nearly $27m in sales coming in — translating to a total of around 250 Roadsters shipped. Their gross margins are up, though; their business is growing, and hopefully cash on hand will suffice to pay for R&D and… Read More

  • PC sales data shows growth across the board, Asus surging

    The second quarter PC shipment data from IDC has hit, and it makes for interesting reading. First of all, sales are up all over the place; no one appears to be losing volume, though market share is shifting. The biggest upset has to be Asus, whose astonishing 83.6% growth over last year’s quarter puts it within a nose of overtaking Toshiba as the fifth-largest shipper of PCs in the… Read More

  • "Missing" non-AT&T iPhones cost Apple $300+ million

    I’m a little skeptical regarding these numbers but some fancy-pants financial types are estimating a $300-$500 million loss in revenue due to unlocked, non-AT&T iPhone sales. This presumes there are about 1 million units out there unlocked and unaccounted for, something I find hard to believe. If Apple were to somehow stop the sale of unlocked iPhones (by forcing customers to… Read More

  • Some guy says Apple will launch ultra-portable then makes stuff up about about Android


    Artist’s rendering I love financial analysts. They get “super-secret” news from “super-secret” sources — mostly the same sources we all have — and tell people to buy or sell stocks based on the same hunches we all have. The hunch du jour on Wall Street is that Apple’s stock will go up after the launch of an ultra-portable laptop at MacWorld… Read More