FinTech News
Fascinated by the rapidly evolving world of financial technology? Our FinTech news category is your insider’s guide to the most cutting-edge innovations disrupting the finance industry. Get up-to-date coverage on the latest breakthroughs in digital banking, cryptocurrency, investing, and more.
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Affirm Joins MoreThanFair Organization Calling for Inclusive Credit
The Buy Now, Pay Later platform Affirm has announced that it’s become the latest member of an organization resolved to improve access to affordable credit. About Affirm Joining MoreThanFair: This week, Affirm revealed that it had joined MoreThanFair. As a member, the company is affirming a commitment to help make lending more inclusive and transparent.…
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Business Banking FinTech Mercury Raises $300 Million
The FinTech Mercury has announced a new “mega-round” that more than doubles its previous valuation. About the Round: This week, Mercury revealed $300 million in new funding. The Series C was led by new investor Sequoia Capital along with participation from other newcomers Spark Capital and Marathon along with returning investors Coatue, CRV, and Andreessen…
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Robinhood Reveals Latest Product Suite Including Banking
Following a similar keynote event last year, Robinhood CEO Vlad Tenev returned to the stage this week to announce the latest features and services coming to the platform. About Robinhood Strategies, Banking, and More During Tenev’s presentation, three new features were unveiled: Robinhood Strategies, Robinhood Banking, and Robinhood Cortex. First, Robinhood Strategies is a new…
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FinTech Breakthrough Announces 2025 Award Winners
The 2025 FinTech Breakthrough Award recipients have been revealed. About the Winners: Each year, the FinTech Breakthrough Awards honor companies across the financial technology landscape. These awards encourage startups to “showcase their standout FinTech products, services and solutions” by applying. Then, these applications are evaluated by a panel of independent industry experts, scored, and selected.…
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Bilt Rewards Acquires Item-Level Data Platform Banyan
Bilt Rewards has acquired one of its partners as it continues to expand. About the Acquisition: Recently, it was announced that Bilt Rewards had acquired the FinTech company Banyan, which provides item-level merchant recept data. According to Bilt, this will allow them to create hyper-personalized rewards as well as create frictionless experiences that boost neighborhood…
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LiquidTrust Raises $4 Million, Introduces Micro Escrow Feature
A FinTech building new payment solutions for small businesses has raised a fresh round of funding. About the Round and LiquidTrust’s New Feature: LiquidTrust has announced that it’s raised $4 million. The seed round was led by Anthemis Female Innovators Lab Fund, Resolute Ventures, and Motivate Ventures. This funding comes as the company completed the…
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Rocket Companies Announces Acquisition of Redfin
A FinTech giant plans to purchase a popular real estate brokerage site. About the acquisition: Detroit-based Rocket Companies has announced its acquisition of Redfin. The all-stock transactions will value each Redfin share at $12.50 for a total of $1.75 billion. As of this writing, $RDFN is trading near $10 per share, which is up from…
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Insurance Payment FinTech Camber Raises $30 Million
A startup looking to make insurance reimbursement payments more efficient has raised a new round of funding. About the round: This week, Camber has announced that its raised $30 million. The Series B was led by Andreessen Horowitz while ACME and Craft also participated. To date, the company has now raised a total of $50…
