Weekly Roundup: 12 Finance Press Releases You Need to See

A roundup of the most newsworthy financial press releases from PR Newswire this week, including Zelle's $1 trillion year, the latest findings on love and money, and a fintech ad that inspired a stadium singalong at the Big Game.

NEW YORK, Feb. 14, 2025 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

1. Love Is in the Air--on a Budget: Americans Prioritize Quality Time Over Spending This Valentine's Day
   The Trustpilot survey revealed a tension between financial goals and romance, as consumers balance tighter budgets with holiday traditions. While most Americans (73%) still plan to celebrate, they're doing so with mindful spending decisions: 77% said they'd rather put their money toward a major financial goal like a down payment on a home than spend it on Valentine's Day gifts.
2. Zillow and Redfin Partner to Make Apartment Hunting Easier and Give Listings More Exposure
   The real estate giants announced a partnership making Zillow the exclusive provider of multifamily rental listings (properties with 25 or more units) on Redfin and its sites, Rent.com and ApartmentGuide.com. "This Zillow partnership will give Redfin visitors access to one of the largest and fastest-growing databases of rental listings," said Redfin CEO Glenn Kelman.
3. Zelle^® Shatters Records with $1 Trillion Sent in a Single Year 
   In 2024 the network reached 151 million enrolled users and helped American consumers and small businesses send over $1 trillion—the most money ever sent by a person-to-person payments service in a single year. Small business owners across the U.S. continue to rely on Zelle to provide their customers with flexible ways to pay, to settle with a local vendor, or to reward their employees with an on-the-spot bonus that goes directly into their bank account.
4. Rocket Makes Super Bowl History with Own the Dream Ad and Live In-Stadium Singalong
   As the final words of the 60-second ad filled the screen, the fintech platform delivered a Super Bowl first. When the broadcast returned to the game, more than 65,000 fans at Caesars Superdome broke into a live singing of John Denver's anthem, "Take Me Home, Country Roads."
5. Thomson Reuters Announces New $150M Corporate Venture Capital Fund
   Continuing to operate under the name Thomson Reuters Ventures, Fund 2 will focus on early-stage technology companies across Legal Technology, Tax & Accounting, Fintech, Risk Fraud & Compliance, and News & Media markets. Thomson Reuters Ventures will continue to invest in companies shaping the future of professional work.
6. Leading Technology Companies and Foundations Back New Initiative to Provide Free, Open-Source Tools for a Safer Internet in the AI Era
   Unveiled at the Artificial Intelligence Action Summit in Paris, the Robust Open Online Safety Tools (ROOST) initiative is a new non-profit organization that brings together the expertise, resources, and investments of major technology companies. ROOST's founding partners include Eric Schmidt, Discord, OpenAI, Google, Roblox, John S. and James L. Knight Foundation, AI Collaborative, Patrick J. McGovern Foundation and Project Liberty Institute.
7. Spirit Airlines Proceeds with Standalone Recapitalization; Rejects Most Recent Proposal from Frontier
   Spirit Airlines provided an update on its restructuring process regarding a new proposal for an alternative restructuring plan submitted by the parent company of Frontier Airlines. Spirit will continue to advance and conclude its restructuring process, which will significantly deleverage the company and position it for long-term success.
8. California REALTORS^® to Award $1 Million in Housing Assistance Grants to Southern California Fire Victims
   "With so many homes and businesses lost and a housing crisis that existed long before the fires, REALTORS recognize the importance of reaching out and helping their communities to recover and rebuild," said California REALTORS® President Heather Ozur. "As residents begin the long process of starting over, the REALTOR community is glad to be able to provide some immediate support in their time of need. We encourage impacted families to apply today and take the first step toward recovery."
9. Love or Money? Half of Gen Z Canadians Want a Prenup: TD Survey
   When it comes to love, a new TD survey revealed that Canadians are not only prioritizing their hearts, but also their wallets. The study found more than half of Gen Z (52%) want their partner to sign a prenup if they get married or enter a common-law relationship, compared to the already-high national average of 31%.
10. Vanguard Introduces New ETFs to Meet Investors' Short-Term Liquidity Needs
    Vanguard launched Vanguard Ultra-Short Treasury ETF (VGUS) and Vanguard 0-3 Month Treasury Bill ETF (VBIL), two fixed income index ETFs. The pair of ETFs will be managed by Vanguard Fixed Income Group veteran, Josh Barrickman, Co-Head of Fixed Income Group Indexing in the Americas.
11. Comulate Adds BOND and Workday in $20M Series B to Transform Insurance with AI
    according to Jay Simons, General Partner at BOND and former President of Atlassian, "The team is uniquely positioned to broaden its vision and transform an industry still burdened by hundreds of billions of dollars spent on manual operations across the value chain."
12. Student Freedom Initiative and Stackwell Expand the 'Student Investment Program,' Launching Applications for Students to Receive Up to $1,000 for Investing
    In this second cohort of the SIP, the program will provide up to 600 students with up to $1,000 each to start their investment journeys. In addition to funding to help them invest, the program provides comprehensive financial education to help students build long-term financial skills and confidence.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

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