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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Visa Reportedly Partners with X for Upcoming X Money Platform
X (formerly Twitter) is expanding into payment options — and has brought Visa on board for the project. About the partnership and X Money: As CNBC reports, Visa has formed a partnership with X as the social media network continues its evolution into what owner Elon Musk has called an “everything app.” Visa is said…
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Account Connectity API Method Raises $41.5 Million
A FinTech that helps connect more than 30 million consumer accounts has raised a new found of funding. About the round: This week, Method Financial announced that they’d raised $41.5 million. The Series B was led by Emergence Capital, while Avra and Samsung Next as well as returning investors Andreessen Horowitz, Y-Combinator, and Ardent Venture…
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Self Financial Opens Secured Visa Card Product to All
Self Financial (formerly Self Lender) has announced that its secured credit card can now be obtained à la carte. About the Self Visa Credit Card: Today, Self announced that its Self Visa Credit Card would now be made available to all consumers. The secured card requires a deposit of at least $100, which can be…
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Brokerage Platform eToro Reportedly Files for Initial Public Offering
New reporting indicates that the digital brokerage platform eToro has filed to go public. About the reported filing: According to the Financial Times, eToro has made a confidential filing with the Securities and Exchange Commission seeking an initial public offering in the United States. This IPO would apparently value the company around $5 billion. FT’s…
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Synchrony Latest Bank to Add Pay Later Features to Apple Pay
After teasing new capabilities for credit card customers in October, Synchrony is now officially bringing a “pay later” option to Apple Pay. About the new pay later feature: Synchrony cardholders will now have more options when using Apple Pay via iPhone or iPad to shop online or in-app. In addition to being able to make…
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Savvy Advisors Platform Surpasses $1 Billion AUM Milestone
Savvy Wealth’s Savvy Advisors platform has announced a major milestone. About Savvy’s landmark: This week, Savvy announced that its Savvy Advisors service had surpassed $1 billion in client assets under management (AUM). That total has tripled since the start of 2024. Additionally, in December, Savvy added four financial advisors and now employs 40 advisors. The…
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Seeking Alpha Partnering with FinTech Brokerage Moomoo
Investment research platform Seeking Alpha and the FinTech brokerage app Moomoo are teaming up to bring investors a special offer. About the partnership: This week, Seeking Alpha announced a partnership with Moomoo. While the promotion will begin today, it’s expected to span three months. During that time, there will be reciprocal benefits for customers of…
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Small Business Accounting Platform Bench Shuts Down
An accounting startup geared toward small and medium-sized businesses has abruptly shut down. About Bench’s closure: As TechCrunch reports, the platform Bench has announced its immediate shutdown. The news was shared via the service’s website, writing in part, “[T]he Bench platform will no longer be accessible. We know this news is abrupt and may cause…
