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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FintechOS Announces $14 Million Funding Round
With as much attention as Silicon Valley startups get, it can be easy to forget that FinTech is far from just an American phenomenon. In fact firms in Europe, Asia, and beyond have certainly done their fair share or innovating and, yes, fundraising. Among them is Romania-based and aptly-named FintechOS. This week the company announced…
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New York State Permits SoFi to Sell Cryptocurrencies
Empire State residents will now have another option for trading cryptocurrencies. This week the New York State Department of Financial Services approved FinTech lender turned jack-of-all-trades SoFi for a BitLicense. The move means that users in the state will now be able to buy and sell crypto on the SoFi Invest platform. In a press…
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Growing FinTech Trend Finds Startups Going Bi-Coastal
Since the 1970s, there’s been no question about where the capital of technology has been in the United States: Silicon Valley. Today, Northern California and specifically the Bay Area is home to a plethora of startups, including some well-known FinTechs. However a growing trend suggests that some of these disruptors are branching out and looking…
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Robinhood Withdraws Bank Charter Application
Back in April of this year, Robinhood joined the growing list of FinTechs and challenger banks applying to become full-fledged banks and receive a national charter. At the time the company said, “Robinhood’s goal is to be able to offer its customers a full suite of financial products to service their needs.” Cut to today…
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PayPal Acquires Deal-Finding App Honey
Every day millions of users turn to PayPal to send money and make purchases. Now the FinTech is making a rather sizeable buy of its own. Last week the company announced that it would be acquiring Honey. For their purchase of Honey (or Honey Science Corporation as their formally known), PayPal will pay a whopping…
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Robinhood Announces Launch in the United Kingdom
With the brokerage landscape here at home rapidly evolving, it makes a lot of sense that Robinhood would want to start looking overseas for future growth.
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Benzinga Announces Listmakers Ahead of Global FinTech Awards
This week Benzinga will host their fifth annual Benzinga Global FinTech Awards in New York City. Ahead of that event, the financial media platform has announced a list of 150 “carefully vetted and renowned” companies and executives in various categories. From the list, 10 overall winners will be unveiled at the annual awards ceremony. This…
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Wirex Announces Multi-Currency Visa Travelcard with “Cryptoback” Perk
Ready for the next generation of payments? The currencies platform Wirex says it has arrived. At this week’s Singapore FinTech Festival, the company unveiled its new Wirex Visa Travelcard. The card will launch in the Asia-Pacific (APAC) region, which they note has an $800 billion payments industry. Wirex says that Visa Travelcard customers will be…
