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Category: FinTech News

Varo logo

Varo Bank Introduces "Varo to Anyone" Payment Feature

FinTech-turned-bank Varo has unveiled a new feature that gives customers another option for sending money to friends and family. About the feature: Varo Bank has announced the launch of its new Varo to Anyone feature. As the name implies, this addition will allow users to send money to anyone who has a debit card. This feature replaces Varo to Varo, which was limited to those who already had an account...
Authentic Founders

Insurtech Platform Authentic Raises $5.5 Million Seed Round

A startup that's bringing the practice of "captive insurance" to smaller businesses has raised a new round of funding. About the round: This week, Authentic announced that it had raised $5.5 million. The seed round was led by Slow Ventures along with participation from Altai Ventures, MGV, Upper90, Clocktower, Commerce Ventures, Mischief Ventures, Core Innovation Capital, and others. About Authentic: Authentic is a startup that provides vertical software-as-a-service (SaaS) companies with...
nbkc and Spiral logos

Spiral Announces Partnership with nkbc to Enable Easy Giving

The FinTech Spiral has announced its latest banking partnership. About the partnership: This week, Spiral revealed a new partnership with Kansas City-based bank nbkc. Under this agreement, the FinTech will brings its Giving Center to nbkc customers. In turn, users will be able to give to their favorite charities and non-profit organization in a variety of ways. In addition to creating a portfolio of their supported charities, customers will also...
Bilt Awayz hotel search screenshot

Bilt Partners with Odynn for Live Hotel Award Booking Search

Bilt has unveiled a new feature that will help customers book hotel rooms using points. About the partnership and feature: This week, Bilt Rewards announced a partnership with Odynn that brings their Awayz platform to the Bilt app. With this integration, Bilt members can search and view real-time hotel award booking options. Currently, Bilt offers transfers to two hotel loyalty programs: IHG and Hyatt. In turn, the new Awayz-powered search...
Comingle - The money-sharing app logo

Comingle Launches Crowdfunding Campaign for Basic Income App

An app aiming to create a community that provides unconditional income is currently in its crowdfunding phase. About the campaign: Earlier this week, Comingle launched its crowdfunding campaign on Indiegogo. The company is currently looking for supporters to contribute as little as $1 toward the app's goal of raising $75,000. As of this writing, Comingle was 44% of the way to that goal with a tally of more than $33,000...

Point.Me Announces $10 Million Series A

A FinTech that makes it easier for flyers to find and book award travel has closed a fresh round of funding. About the round: This week, Point.Me announced that it had raised $10 million. The Series A was led by Thayer Ventures with participation from new investors PAR Capital Ventures, RiverPark Ventures, Plug and Play Ventures, and MoreThanCapital, as well as returning investors Gaingels and ITA Software co-founders David Baggett and Carl de Marcken. Combined...
LemFi app

International Payments App LemFi Raises $33 Million

A FinTech platform built for remittance payments and more has announced a new round of funding. About the round: This week, LemFi announced that it had raised $33 million. The Series A was led by Left Lane Capital with participation from Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree. According to LemFi, these funds will support an expansion of its product that will include the United States, Europe, the Middle...
Robinhood cash back offers illustration

Robinhood Makes Changes to Cash Card Debit Card Program

The stock trading app Robinhood has rolled out a pair of tweaks to its debit card offering. About the updates: Robinhood has announced some key changes to its Cash Card program — which itself was a replacement and overhaul of the company's previous Cash Management account. First, the Robinhood Cash Card will be dropping its weekly round-ups match feature. Previously, cardholders could opt into a program that would round up...
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FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...
Summer app

Student Loan Benefit FinTech Summer Raises $6 Million

For years, student debt has been one of the most talked about financial topics. What's more, while the debt itself has become a major part of many Americans' lives, discussion of student loans has become political due to efforts to forgive certain loan repayments. However, while we wait for resolution on that front, a FinTech that brings student debt benefit solutions to employers and consumers has raised a new round...
Melissa Urban holding a Ness card

Health and Wellness Rewards Card Ness Partners with Whole30

In recent years, several unique rewards cards have come to market. These include offerings from FinTech startups as well as brands looking to do something special for their loyal fans. On that note, a recently-announced rewards credit card offering is now working with a popular brand to introduce new benefits for customers. This week, the Ness Card (which is issued by The Bank of Missouri) unveiled a new partnership with...
Choice Privileges Select Card

Choice Hotels, Wells Fargo Debut Choice Privileges Select Card

With spring well underway and the summer travel season now just around the corner, Choice Hotels and Wells Fargo have unveiled their latest co-branded credit card offering. Today, the two companies announced the Choice Privileges Select Mastercard. Carrying an annual fee of $95, this card will serve as the premium option in the hotel brand's new lineup. Looking at the Choice Privileges Select, it offers a mix of rewards categories....
H-E-B and Central Market  credit cards

Imprint Launches Credit Cards from H-E-B and Central Market 

The FinTech Imprint is partnering with the popular Texas-based grocery chain H-E-B for a pair of new rewards credit cards. This week saw the launch of the H-E-B Visa Signature Credit Card as well as the Central Market Visa Signature Credit Card. With these two (nearly identical) options, customers will be able to earn rewards on groceries and beyond. First, both versions of the card earn up to 5% back on select...