X Money Launches With Big Incentives | Business and Finance News

X is launching X Money, a digital wallet powered by Cross River Bank, letting users send cash instantly via invite-only access and a branded Visa card. Premium subscribers get a 6% deposit yield (minimum $1K) and 3% cashback on purchases — but competition from Venmo, Zelle, and Cash App looms as X bets big on becoming a financial hub beyond social media. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7cb050ad3a2c5439