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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AI-Powered Financial Advice Tool Evergreen Launches Public Beta
A new AI financial resource from a familiar name has officially launched to the public. About Evergreen.AI: This week, entrepreneur Bill Harris announced the launch of a new platform called Evergreen.AI. The venture is the latest from Harris, who previously had a hand in founding One Finance (now OnePay) and Personal Capital. He also served…
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Chime Set to Acquire Stride Bank, Create Chime Bank
One of the largest neobanks has announced plans to purchase its partner bank. About Chime’s Acquisition of Stride Bank: This week, Chime announced that it had entered into a definitive agreement to acquire Stride Bank. Chime will pay $590 million in cash for the bank. Stride is a nationally chartered bank that was founded in…
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Revolut Gains OCC Conditional Approval for National Bank Charter
A United Kingdom-based neobank is one step closer to becoming a real bank in the United States. About Revolut’s Conditional Approval: In March, Revolut announced that it had filed an application to gain a U.S. bank charter. Now, the company has revealed that it has gained conditional approval from the U.S. Office of the Comptroller…
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Block Inc. Expands Cash App Score Access with Nova Credit
Soon, lenders will have access to a proprietary creditworthiness score thanks to a partnership between Block Inc. and Nova Credit. About Cash App Score and Nova Credit’s Distribution: For the first time, Block will allow other lenders to access its Cash App Score. The popular app is teaming up with Nova Credit to distribute this…
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Walmart’s OnePay Expands Support for Apple Wallet
OnePay members can now add more cards to their Apple Wallet. About OnePay’s Apple Wallet Support: Recently, OnePay revealed expanded support for Apple Pay. Now, customers can add their OnePay CashRewards credit card to Apple Wallet and use it via Apple Pay on devices such as the iPhone, Apple Watch, iPad, Mac, and Apple Vision…
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Walmart and Sam’s Club Stores Adding Tap-to-Pay Options
A major tap-to-pay holdout is finally ready to roll out the technology to its retail stores. About Walmart’s Tap-to-Pay Rollout Walmart has announced that it will soon be updating its Walmart and Sam’s Club stores to accept tap-to-pay. In turn, customers will be able to use mobile wallets such as Apple Pay, Google Pay, and…
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Financial Advisor Platform Finny Introduces “Pay-as-You-Grow”
A platform built for financial advisors is aiming to make their services more accessible with a revamped pricing scheme. About Finny and “Pay-as-You-Grow”: This week, Finny announced the launch of its new “Pay-as-You-Grow” pricing. Now, customers will have access to a suite of Finny tools for a base of $50 per month plus “a small…
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Robinhood Ventures Fund II Launches Initial Public Offering
Robinhood’s second venture fund has officially launched its IPO. About Robinhood Ventures Fund II: Yesterday (August 13th), Robinhood Ventures Fund II went public. True to its name, this is the second fund from Robinhood Ventures and is now trading under the ticker symbol $RVII. While the IPO priced shares at $25, they closed at $24.44…
