Category: 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.
FinTech News
FinTech News
LiquidTrust Raises $4 Million, Introduces Micro Escrow Feature
A FinTech building new payment solutions for small businesses has raised a fresh round of funding. About the Round and LiquidTrust's New Feature: LiquidTrust has announced that it's raised $4 million. The seed round was led by Anthemis Female Innovators Lab Fund, Resolute Ventures, and Motivate Ventures. This funding comes as the company completed the WMNfintech accelerator program from BMO and 1871. Along with news of the funding, LiquidTrust also...
FinTech News
Rocket Companies Announces Acquisition of Redfin
A FinTech giant plans to purchase a popular real estate brokerage site. About the acquisition: Detroit-based Rocket Companies has announced its acquisition of Redfin. The all-stock transactions will value each Redfin share at $12.50 for a total of $1.75 billion. As of this writing, $RDFN is trading near $10 per share, which is up from nearly $6 per share the week prior. This transaction has been approved by the Boards...
FinTech News
Insurance Payment FinTech Camber Raises $30 Million
A startup looking to make insurance reimbursement payments more efficient has raised a new round of funding. About the round: This week, Camber has announced that its raised $30 million. The Series B was led by Andreessen Horowitz while ACME and Craft also participated. To date, the company has now raised a total of $50 million. Camber is a platform built for improving healthcare reimbursement, including reducing administrative friction...
FinTech News
SEC Announces End to Robinhood Crypto Probe
The Securities and Exchange Commission (SEC) has concluded its investigation into Robinhood's crypto business and will not be suing the FinTech. About the announcement: In a blog post on its website, Robinhood revealed that it had been informed by the SEC’s Enforcement Division that an investigation into the company's cryptocurrency operation had concluded. Furthermore, following this inquiry, the agency did not intend to move forward with any enforcement action. This...
FinTech News
Report: Varo Bank Raises $29 Million Series G, Replaces CEO
According to reports, Varo Bank has not only raised a new round of funding but has also named a new Chief Executive Officer. What's happening at Varo: As TechCrunch reports, per an SEC filing, Varo has raised a $29 million Series G. However, the FinTech bank had apparently been seeking $55 million in funding. Moreover, this comes after a 2023 $50 million equity round that valued the firm at $1.85...
FinTech News
Banking Tech Provider Zeta Announces $50 Million Funding Round
The banking technology company Zeta has announced its latest funding and a milestone valuation. About the round: This week, Zeta announced that it had raised an additional $50 million. While the company didn't specify, this was a Series D according to Crunchbase. The site also states that the round was led by Optum. Notably, the latest round values Zeta at $2 billion, which marks a 70% increase from the $1.15...
FinTech News
