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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Singapore-Based FinTech Surfin Raises $12.5 Million
Surfin, a FinTech headquartered in Singapore, has announced a new round of funding. About the funding round: This week, Surfin announced that it had raised $12.5 million. The Series A was led by Insignia Venture Partners, which has previously invested in such international FinTechs as CrediBook, Fazz, Nudge, among others. Surfin notes that this round…
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Gift Card Market Launches, Offering “Gift Local” Options
A FinTech is introducing a gift card site specific to small and local businesses. About Gift Card Market: Recently, the new site Gift Card Market launched, allowing customers to purchase gift cards for more than 5 million local eateries, spas, and salons. These local gift cards can be purchased and sent to loved ones via…
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Homeowner Membership Platform Mesa Raises $9.2 Million
A FinTech looking to build a rewards platform for homeowners has raised new capital. About the round: This week, Mesa announced that it had raised a total of $9.2 million — including $7.2 million in equity. The seed round was led by Streamlined Ventures with participation from Starting Line, Assurant Ventures, Vera Equity, Redwood Trust Horizons,…
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Benjamin Acquires New Things for “Money Moments” Expansion
A growing cashback app has revealed a new acquisition and funding round. About the acquisition: Benjamin Capital Partners has announced its acquisition of Austin-based startup New Things Co. As a result, Benjamin intends to integrate New Things’ proprietary augmented reality rewards into its app. Specifically, the company says the feature will be added to its…
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Estate Planning Platform Wealth.com Raises $30 Million
A FinTech that helps modernize estate planning processes has raised a new round of funds. About the round: This week, Wealth.com announced that it raised $30 million in its latest funding round. The Series A was led by GV (formerly known as Google Ventures) and included participation from Citi Ventures, Outpost Ventures, 53 Stations, and…
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PayPal Rolls Out PayPal Everywhere Initiative, Updated Debit Card
PayPal is looking to expand its reach with a new initiative and a more rewarding debit card product. About PayPal Everwhere and debit card: While PayPal is best known as an online payment option, the platform is giving consumers more reason to use it in-store as well. This includes debuting an updated debit card with…
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DailyPay Rebrands Debit Card, Plans New Cashback Offer Feature
The earned wage access platform DailyPay has announced a rebrand for its employee debit card offering. About the updated card and DailyPay: DailyPay has announced that it will be rebranding its Friday by DailyPay Visa Prepaid Card. Now, the service will simply be known as the DailyPay Visa Prepaid Card. With the card, users will…
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AI-Powered Compliance Platform Sedric Raises $18.5 Million
A company that leverages AI to help financial institutions manage compliance issues has closed a new round of funding. About the round: Sedric has announced that it raised $18.5 million in its latest round. The Series A was led by Foundation Capital with Amex Ventures also participating. To date, the company has now raised a…
