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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Health Tech Startup Healthee Raises $32 Million
A health tech company focused on changing the way employees interact with their benefits has raised an impressive new round of funds. About the round: This week, Healthee announced that it had raised $32 million. The Series A was co-led by Fin Capital, Glilot Capital Partners, and Group 11. Additionally, strategic partner TriNet participated. To…
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“Robinhood Retirement For Independent Workers” Announced
Robinhood is bringing its Robinhood Retirement account to gig workers as part of a new program. About the program: This week, Robinhood announced the launch of Robinhood Retirement for Independent Workers. Under this program, gig workers and other independent contractors will not only be able to open an IRA with Robinhood but also receive financial…
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Greenlight Partners with Tropical Smoothie Cafe for App Rewards
The financial learning app Greenlight is introducing a new way to reward students, forming a partnership with Tropical Smoothie Cafe. About the partnership and program: Greenlight is adding a new rewards program to its Level Up financial literacy game. Now, users can earn a free smoothie from Tropical Smoothie Cafe by playing the game and…
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“Copy-Trading” Platform Dub Raises $17 Million
A FinTech brokerage platform that makes it easy to share and follow portfolio strategies has closed a new round of funding. About the round: Dub has announced that it’s raised $17 million — including $15 in equity deals and a $2 million debt facility. The seed round was led by Tusk Ventures with several other…
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SoFi Named Official Banking Partner of the NBA
The FinTech-turned-bank SoFi has announced a new partnership with the National Basketball Association. About the partnership: SoFi is now the official banking partner of the NBA as well as the G League, NBA 2K League, and USA Basketball. Moreover, the company will be the title sponsor for what will now be the SoFi NBA Play-In…
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Fraud Prevention FinTech Closinglock Raises $12 Million
A FinTech that looks to reduce fraud in real estate transactions has raised a new funding round. About the round: This week, Closinglock announced that it had raised $12 million round of funding. The Series A was led by Headline with participation from LiveOak Ventures, RWT Horizons, and GTMfund. With a seed round in 2022,…
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Climate Metrics FinTech Watershed Announces $100 Million Round
A climate-focused FinTech has just closed the latest “megaround.” About the round: Watershed has announced a $100 million round that values the company at $1.8 billion. The Series C was led by Greenoak while Kleiner Perkins, Sequoia Capital, Elad Gil, Emerson Collective, Galvanize Climate Solutions, and Neo also participated. To date, the company has now…
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FairPlay Announces Partnership with Upgrade
The FinTech Upgrade will be working with another startup in a bid to make its lending practices more fair. About the partnership and about FairPlay: This week, FairPlay and Upgrade announced a new partnership. As a result, Upgrade will implement FairPlay solutions. In doing so, the company is looking to monitor and improve the fairness…
