Category: FinTech News
FinTech News
Nitra Latest FinTech to Join Visa's Fast Track Program
by Fioney Staff
A spending insights platform built for healthcare professionals is getting a big boost by joining up with a major card company. This week, Nitra announced that it was the latest startup to join Visa's Fast Track program. As a result, the company will now have access to Visa's global payment network, VisaNet Nitra is a FinTech offering spending management tools for private practice physicians. With the platform, clients can issue... FinTech News
Stripe Raises $6.5 Billion, Now Valued at $50 Billion
by Fioney Staff
FinTech giant Stripe has just closed a massive funding round, but is once again cutting its valuation. The online payments company has announced that it's just raised $6.5 billion. The Series I included participation from returning investors Andreessen Horowitz, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, and Thrive Capital, while new investors GIC, Goldman Sachs Asset and Wealth Management, and Temasek also joined. Goldman Sachs served as sole placement... FinTech News
Credit Karma Introducing Net Worth Tool Built with Mint
by Fioney Staff
This week, Credit Karma announced that it was introducing a Net Worth tool. In a press release, the company said that the addition is part of their goal to become "a full-service personal finance management platform." The new feature will apparently begin rolling out to users with credit scores of 720 or higher but they hope to eventually expand it to a larger population. According to Credit Karma, this initial... FinTech News
Bankjoy Raises New Funding From Curql Collective
by Fioney Staff
A FinTech that brings enhanced digital experiences to a variety of financial institutions has garnered new investment. This week, Banjoy announced it had raised a new round of funding led by Curql Collective — a Credit Union Service Organization that looks to bring FinTech innovation to credit unions. The amount of the venture round was not disclosed. Excluding these funds, the company had raised $14.3 million to date, $12.5 million of... FinTech News
Robinhood's Non-Custodial Crypto Wallet Now Available for iOS
by Fioney Staff
A new crypto app from Robinhood has finally arrived. This week, the FinTech announced that its Wallet app was available to download in the Apple App Store, making it accessible to all iOS users. Previously, the app was only available to a select number of users while more than a million customers remained on the waitlist. Now, no waitlist reservation or invitation code is required to download the app and... FinTech News
LendingTree Launches Win Card in Partnership with Upgrade
by Fioney Staff
Two popular FinTech firms are partnering up to introduce a new credit card that can help consumers "win" at finance. This week, LendingTree and Upgrade announced the debut of the Win Card — inspired by LendingTree's "You Win" tagline. The new card will carry no annual fee and will allow cardholders to earn 2% cashback on all categories regardless of category — although customers will need to log into their... FinTech News
Varo Bank Brings On Wook Chung as Chief Product Officer
by Fioney Staff
A FinTech neobank is gearing up for even greater expansion by bringing some new talent on board. Last week, Varo Bank announced that it had appointed Wook Chung as its Chief Product Officer. According to the company, Chung will lead the bank's vision and initiatives. He will also serve as a key figure of Varo Tech, which looks to blend data, technology, and design. Chung replaces Jon Alferness, who joined...