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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SoFi Launching Alternative Investments Feature
A FinTech brokerage is bringing more investment options to its platform. About the feature: SoFi has announced that alternative investments will soon be offered as part of SoFi Invest. These include the ability to invest in commodities, pre-IPO unicorns, private credit, and more. According to SoFi, they’ll begin by offering more than 6,000 mutual funds.…
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Bilt Rewards Announces $200 Million Equity Round
Bilt Rewards has announced its latest funding round as well as the addition of some luminaries to the company’s board of directors. About the round and board appointments: Today, Bilt Rewards revealed a $200 million equity investment. The round was led by General Catalyst with participation from Eldridge and returning investors Left Lane Capital, Camber…
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Citi Launches Deal-Finding Browser Extension for Cardholders
Citi Bank has announced the debut of a new browser extension aimed at saving cardholders money. About the platform: This week, Citi unveiled Citi Shop. The new desktop browser extension is now available to eligible Citi credit card customers in the United States. Currently, the extension can be installed on Chrome, Safari, or Microsoft Edge…
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Financial Wellness Platform Kashable Raises $25.6 Million
A FinTech that helps employees access lower-cost credit options has announced a significant funding raise. About the round: Kashable has revealed a new $25.6 million funding round. The Series B was co-led by Revolution Ventures and Moneta Ventures, while EJF Capital and Krillion Ventures also participated. The company indicates that the capital will help fuel…
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Current Partners with Column Tax for Free Tax Filing Feature
This tax season, users of the app Current will have the option to file their returns for free thanks to a new partnership. About the offering: The neobank Current has announced a partnership with Column Tax. As a result, users will be able to file their taxes using the app. This feature will be available…
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Investment Property FinTech Downpayments Raises $32.8 Million
A FinTech that allows property investors to finance their down payments has announced a new funding round. About the round: This week, Florida-based startup Downpayments announced that it had raised $32.8 million via a mix of debt and equity. According to Crunchbase, the debt financing portion of the round totaled $31.8 million, while the equity…
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Intuit Announces TurboTax Integration in Credit Karma
With Tax Season ramping up, Intuit has announced a new TurboTax integration for the popular Credit Karma platform. About the integration: Intuit is bringing TurboTax into Credit Karma. As a result, customers will be able to file their 2023 taxes using the TurboTax platform via the Credit Karma interface. In some cases, this includes the…
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FinTech Brokerage Webull Launches in Canada
The popular brokerage app Webull is expanding up north. About Webull’s entry into Canada: Kicking off the new year, Webull has announced its official launch in Canada. This comes after the firm initially gained operating authorization in November of last year. Now, Canadian customers can trade both Canadian and U.S. stocks and ETFs. According to…
