Just months after it announced a $33 million Series B, Chicago-based M1 Finance today disclosed a $45 Series C.

The new financing event was led by Left Lane Capital, the same investor that led M1’s Series B. Bear in mind that so-called inside rounds are now a bullish sign in 2020, as opposed to in prior VC eras when they were viewed more cooly. Other M1 investors include Jump Capital, Clocktower Technology Ventures and Chicago Ventures, though only the first two appear to have taken part in this round.

Per M1, the Series C comes just 120 days after it raised a Series B. A good question is why M1 has raised more capital, and why Left Lane Capital wanted to lead two rounds for the consumer-focused fintech provider. Going back to our prior coverage, we can figure it out.

Chicago’s M1 Finance, a consumer-focused fintech platform, reaches $1B under management

In February, we reported that M1 Finance had reached the $1 billion assets under management mark, or AUM.

The startup combines three different traditional fintech services into one (roboadvising, neobanking and lending), allowing it to price the package aggressively. The model appears to be working. When M1 raised its Series B a few months later in June, it had reached the $1.45 billion AUM, or about 45% growth in just over a quarter. That’s very good.

Today, the company announced that it has surpassed the $2 billion AUM mark, up more than 38% in the last four months.

M1 posted slower AUM growth in percentage terms and greater growth in raw AUM over a similar time frame heading into its Series C. But regardless of that nuance, the company’s AUM grew quickly.

M1 Finance raises $33M Series B as it reaches $1.45B AUM

That fact helps explain its new

  • Jade Darmawangsa has 381,000 YouTube subscribers and has expanded her channel into a full-time business by working with brands on sponsorships and collaborations.
  • Darmawangsa uses a media kit as a tool to showcase her value to a brand or company.
  • She shared the exact 4-page document she uses to land deals and the rates she charges. 
  • Subscribe to Business Insider’s influencer newsletter.

YouTube creator Jade Darmawangsa (381,000 subscribers) expanded her channel into a full-time business by working with brands on sponsorships. 

Her social-media business mainly generates income through brand deals and the Google-placed ads that play in her YouTube videos, she told Business Insider.

On average, she charges between $2,000 and $5,000 for a YouTube brand sponsorship, and between $500 and $2,000 for a sponsored Instagram post, she said. On YouTube, her monthly earnings vary, and the most she’s made from a single video is around $5,000, according to a screenshot of her dashboard viewed by Business Insider.

When trying to land brand deals, Darmawangsa uses a media kit as a tool to showcase her value to a brand or company. Media kits often contain a variety of types of information, including performance metrics, which are a key component for brands, according to Alessandro Bogliari, the cofounder and CEO of The Influencer Marketing Factory.

“When I say metrics, I don’t talk only about vanity metrics (likes, comments, views) but also about conversions,” he said in an email earlier this year. “A lot of brands are looking not only anymore for brand awareness but for real conversions (sign-ups, e-commerce sales, use of promo codes, etc). If we see any reference to actual important numbers and metrics in an influencer kit we know that we are talking with a professional that cares about giving real value to our client.”

Darmawangsa’s media kit

Drivers can understand if their driving can result in a lower car insurance rate before they sign up with Ride Along from Metromile. (Business Wire: Graphic)

Drivers can understand if their driving can result in a lower car insurance rate before they sign up with Ride Along from Metromile. (Business Wire: Graphic)

SAN FRANCISCO–(BUSINESS WIRE)–Oct 14, 2020–

Metromile, the leading pay-per-mile car insurance company in the U.S., today announced the launch of Ride Along, a free new way for drivers to understand if their driving can result in a lower car insurance rate before they sign up. More than 124 million Americans could be overpaying for car insurance, missing out on as much as $947 a year in savings because they do not pay per mile, according to a recent survey of new customers who saved with Metromile.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201014005336/en/

Drivers can understand if their driving can result in a lower car insurance rate before they sign up with Ride Along from Metromile. (Business Wire: Graphic)

Drivers can begin a Ride Along after downloading the Metromile app and entering some basic information. Then, the Ride Along begins with no obligation to purchase from Metromile. Drivers go about their routines and have their smartphone in the vehicle when they drive. After about two weeks, drivers will see how much they drove and their expected monthly bill. They can then switch and start their coverage with Metromile to lock in their rates and any savings — all within minutes.

“The majority of Americans drive 10,000 miles or fewer every year and could save with pay-per-mile car insurance, but they do not realize it; as a result, drivers overpay for car insurance by hundreds of dollars a year,” said Metromile CEO Dan Preston. “Ride

BYU-Idaho says it will seek out and possibly expel students who may have intentionally tried to be infected with the coronavirus.

An Idaho college says it is “deeply troubled” by reports that people in its community may have intentionally exposed themselves to the coronavirus in the hopes of being paid more for plasma donations that could contain COVID-19 antibodies.

BYU-Idaho, located in the southeastern town of Rexburg, says it is actively searching to find out if any of its students have done this.

“Students who are determined to have intentionally exposed themselves or others to the virus will be immediately suspended from the university and may be permanently dismissed,” the university said in a statement.

Some private blood banks pay more for plasma that contains COVID-19 antibodies.

The university cautioned last month that it may have to shut down the campus and switch to an all-remote learning format if a recent upward trend of COVID-19 cases in Idaho and Madison County continue. 

The university says it realizes that the pandemic ls leading to strains on the community, including financial.

“There is never a need to resort to behavior that endangers health or safety in order to make ends meet,” the university said, offering contact information for student resources.

Idaho currently ranks sixth in the country for new cases per capita, according to a tally from Johns Hopkins University, with more than 48,660 total confirmed cases of coronavirus statewide. So far more than 500 Idaho residents have died because of COVID-19.

RELATED: US colleges struggle to salvage semester amid COVID-19 outbreaks

RELATED: Reports: Several COVID-19 positive students in Ohio throw house party despite quarantine

The Associated Press contributed to this report.

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Press release content from Newswire. The AP news staff was not involved in its creation.

TORONTO – October 14, 2020 – ( Newswire.com )

​​​Kids are like sponges when it comes to new concepts, making this the perfect time to teach financial literacy. Research shows that the younger you teach children about money, the more independent and responsible they will be as adults. This is why Treasure exists. Treasure, a mobile money management app has been built to teach kids the value of money, fun ways to earn and save their allowance and money received through gifts.

“Financial literacy is a key life skill, but schools don’t teach finance-related courses properly until middle school or high school, and I think that is not only crazy but also way too late to form good habits,” said Matt O’Leary, CEO of Treasure. “Kids need money skills as soon as they can count. My own kids would ask for things in the store without realizing the cost or need to take money to school as early as kindergarten, and that’s when I realized that kids need money skills as soon as they can count.” 

Treasure is a fun-first education tool that teaches positive financial habits around saving and spending, but unlike other tools, Treasure uses real money with real spending and saving options using the bank of Mom and Dad through allowance and task-driven incentives. 

“We all know someone who got in trouble when they got their first credit card. This is because a credit card isn’t money. It’s just an abstract concept,” says O’Leary. “Our research has shown that the reason it is important to start teaching kids about money as early as possible is based on the fact that many financial decisions are based on abstract logic