Category: FinTech News
FinTech News
FinTech News
Business Banking Startup Mayfair Emerges from Stealth Mode
A FinTech that helps businesses earn a healthy return on their money is ready to raise its profile. As TechCrunch reports, Mayfair recently emerged from stealth mode and is offering businesses up to 4.02% APY on their parked cash. The startup has partnered with Evolve Bank & Trust — one of the top FinTech partner banks — as well as Stripe. To date, Mayfair has raised a total of $10...
FinTech News
JPMorgan Chase Suing Founder of FinTech Frank for Fraud
In September of 2021, JPMorgan Chase announced that it was acquiring the FinTech startup Frank — a company started in 2017 by then-24-year-old Charlie Javice — for $175 million. Now, more than 18 months later, Chase is suing Javice and has shut down the Frank site. As CNBC reports, the bank is accusing Javice of fraud, saying the founder manufactured a number of fake accounts. In fact, they estimate that...
FinTech News
Robinhood Retirement Now Available to All Eligible Customers
Just a few weeks after the investment app Robinhood opened a waitlist for its IRA product, today, the company announced that the feature is now available to all eligible customers. According to the FinTech, more than 1 million users who joined the waitlist had access to Robinhood Retirement prior to this latest update. Now, all customers can find the feature in the app. Robinhood Retirement was first confirmed during an...
FinTech News
"Smart Receipt" Startup e.pop Raises $1.6 Million
A FinTech that's looking to digitize consumer receipts has raised a fresh round of funds. This week, e.pop announced that it had closed a $1.6 million seed round. To date, the startup has now raised a total of $2 million. With the latest funds, e.pop plans to expand its team and grow its user base in key markets. At this time, users are able to join a waitlist for the...
FinTech News
Greenlight Introduces Level Up Financial Education Game
A FinTech focused on family finance is rolling out a new feature that will help children and teens learn about money in fun ways. Recently, Greenlight announced it's newest feature: Level Up. Greenlight describes Level Up as an interactive, curriculum-based financial literacy game. According to the company, the game's curriculum goes beyond the National Standards for K-12 Personal Financial Education, which were developed by the Jump$tart Coalition and Council for...
FinTech News
FinTech Observers Offer Predictions for 2023
While we wait for the final results of what 2022 brought to the world of FinTech, some experts are offering their predictions for what to expect in 2023. Recently, Axios asked a number of observers for their thoughts on the year ahead. First, Kapor Capital managing partner Brian Dixon had a prediction about the future of the "buy now, pay later" (BNPL) concept, which remained popular in 2022. Dixon suggests...
FinTech News
