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
Visa Reportedly Partners with X for Upcoming X Money Platform
by Kyle Burbank
X (formerly Twitter) is expanding into payment options — and has brought Visa on board for the project. About the partnership and X Money: As CNBC reports, Visa has formed a partnership with X as the social media network continues its evolution into what owner Elon Musk has called an "everything app." Visa is said to be the first partner of X Money — a platform that will include a...
FinTech News
Account Connectity API Method Raises $41.5 Million
by Kyle Burbank
A FinTech that helps connect more than 30 million consumer accounts has raised a new found of funding. About the round: This week, Method Financial announced that they'd raised $41.5 million. The Series B was led by Emergence Capital, while Avra and Samsung Next as well as returning investors Andreessen Horowitz, Y-Combinator, and Ardent Venture Partners also participated. To date, the company has now raised a total of $60.5 million,...
FinTech News
Self Financial Opens Secured Visa Card Product to All
by Kyle Burbank
Self Financial (formerly Self Lender) has announced that its secured credit card can now be obtained à la carte. About the Self Visa Credit Card: Today, Self announced that its Self Visa Credit Card would now be made available to all consumers. The secured card requires a deposit of at least $100, which can be provided via ACH payment or debit. Additionally, it carries an annual fee of $25. Applying...
FinTech News
Brokerage Platform eToro Reportedly Files for Initial Public Offering
by Kyle Burbank
New reporting indicates that the digital brokerage platform eToro has filed to go public. About the reported filing: According to the Financial Times, eToro has made a confidential filing with the Securities and Exchange Commission seeking an initial public offering in the United States. This IPO would apparently value the company around $5 billion. FT's sources suggest the company could be listed as early as the second quarter of this...
FinTech News
Synchrony Latest Bank to Add Pay Later Features to Apple Pay
by Kyle Burbank
After teasing new capabilities for credit card customers in October, Synchrony is now officially bringing a "pay later" option to Apple Pay. About the new pay later feature: Synchrony cardholders will now have more options when using Apple Pay via iPhone or iPad to shop online or in-app. In addition to being able to make a regular credit card payment, eligible customers will also have a promotional offer option that...
FinTech News
Savvy Advisors Platform Surpasses $1 Billion AUM Milestone
by Kyle Burbank
Savvy Wealth's Savvy Advisors platform has announced a major milestone. About Savvy's landmark: This week, Savvy announced that its Savvy Advisors service had surpassed $1 billion in client assets under management (AUM). That total has tripled since the start of 2024. Additionally, in December, Savvy added four financial advisors and now employs 40 advisors. The new additions include the advising team of Cindy Alvarez and Janelle Van Meel, Erin Niehaus,...
FinTech News
Seeking Alpha Partnering with FinTech Brokerage Moomoo
by Kyle Burbank
Investment research platform Seeking Alpha and the FinTech brokerage app Moomoo are teaming up to bring investors a special offer. About the partnership: This week, Seeking Alpha announced a partnership with Moomoo. While the promotion will begin today, it's expected to span three months. During that time, there will be reciprocal benefits for customers of both platforms. First, when Seeking Alpha users open a new brokerage account with Moomoo, they...