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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Karat Financial Launches Business Banking for Content Creators
A service known for its creator-minded charge card has officially expanded into banking. About Karat Creator Banking: Karat Financial has officially launched its new business banking account. In line with the company’s mission, their new accounts are purpose-built for creators, including YouTubers, TikTokers, influencers, and other creatives. These banking services (including the issuance of the…
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Financial Advisor Platform Seeds Raises $10 Million
A FinTech built for advisors to create personalized investing experiences for clients has raised a new round of funding. About Seeds’ Funding Round: Recently, Seeds (formerly known as Seeds Investor) announced that it has raised $10 million. The Series A was led by Protage, while returning investors Social Leverage and Blank Ventures also participated. To…
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Penny Finance Named Best in Show at FinovateSpring 2025
An app built to help consumers increase their financial literacy is celebrating a recent honor. About Penny Finance and Its FinovateSpring Honor: Recently, Penny Finance was awarded a Best in Show prize at FinovateSpring 2025. The app was the only personal finance platform honored at the FinTech conference held in San Diego. Other Best in…
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Earned Wage Access FinTech Clair Raises $23.2 Million
A FinTech that helps workers gain quicker access to their pay has raised a new round of funding. About Clair’s Funding Round: This week, Clair announced that it had raised $23.2 million. The Series B was led by Upfront Ventures, which also led the company’s seed round in 2020. Existing investors such as Thrive Capital…
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FinTech Brokerage App Stash Raises $146 Million in Latest Round
A popular brokerage app has revealed its latest “mega-round.” About the Round: This week, Stash announced that it’s raised a new round of $146 million. The Series H was led by Goodwater Capital with returning investors Union Square Ventures, StepStone Group, Serengeti, and the University of Illinois Foundation also participating alongside funds and accounts advised by T.…
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SoFi and Capitalize Announce Enhanced 401(k) Rollover Feature
Two FinTechs are deepening their partnership to benefit consumers looking to recover their old 401(k)s. About the Expanded Integration: This week, SoFi and Capitalize announced an expansion of their collaboration. While SoFi’s platform has long utilized Capitalize’s services, this update will make it easier for customers to locate and transfer 401(k)s they may have had…
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U.S. FinTech DailyPay Announces Canadian Expansion
A platform that’s helped American workers access their paychecks right away has now expanded northward. About DailyPay’s Expansion: Earlier this week, DailyPay announced the continuation of its global expansion. This month, the service will be available to new and existing clients in Canada. As the company notes, this is the second foreign market it’s entered…
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LendingClub Acquires Spending Intelligence Platform Cushion
The marketplace lender LendingClub has announced its acquisition of another FinTech platform. About LendingClub’s Purchase of Cushion: This week, LendingClub revealed that it had acquired the intellectual property and “select talent” from Cushion. The platform is an AI-powered spending intelligence service that helps customers track their finances by looking at their banking transactions. This includes…
