FinTech News Archives - Page 15 of 94

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.

Bench logo
FinTech News

Small Business Accounting Platform Bench Shuts Down

by Kyle Burbank
An accounting startup geared toward small and medium-sized businesses has abruptly shut down. About Bench's closure: As TechCrunch reports, the platform Bench has announced its immediate shutdown. The news was shared via the service's website, writing in part, "[T]he Bench platform will no longer be accessible. We know this news is abrupt and may cause disruption, so we’re committed to helping Bench customers navigate through the transition." The message goes...
Varo Bank and CVS logos with location map
FinTech News

Varo Bank Now Offers No-Fee Cash Deposits at CVS Locations

by Kyle Burbank
FinTech-turned-bank Varo has announced a new money-saving perk for customers. About the no-fee deposit feature: This week, Varo Bank revealed a collaboration with both Green Dot and CVS that will benefit accountholders. Now, customers can deposit cash into their Varo account at CVS with no fee. In total, there are more than 7,500 participating CVS locations in the United States, although some exceptions include those found in Target stores, within...
Sofi Invest logo and app
FinTech News

SoFi Announces Surpassing 10 Million Member Milestone

by Kyle Burbank
A FinTech giant (and full-fledged bank) has just announced its latest growth accomplishment. About SoFi's milestone: This week, SoFi revealed that it recently surpassed 10 million members. That figure includes nearly 2.5 million members who have joined the platform since the start of calendar 2024. SoFi also reports that, in less than five years, its customer base has grown more than nine fold. Along with this news, SoFi provided some...
Current Build Card
FinTech News

Neobank Current Reveals $200 Million in New Capital

by Kyle Burbank
A popular neobank has announced an injection of new capital as it nears profitability. About the funding and more: Current has reported receiving $200 million in fresh capital. These funds came from existing investors Andreessen Horowitz, Wellington Management, and Avenir. New investors General Catalyst and Cross River Bank also participated. Prior to this, Current had raised a total of $402.4 million, including a $220 million Series D in 2021 (led by...
woman holding an Atlas Card
FinTech News

Atlas Card Announces $27 Million in New Funding

by Kyle Burbank
A FinTech offering an invite-only charge card has raised a new round of funding for its premium product. About the funding round: Atlas Card has revealed that it has raised $27 million in financing. The Series B was led by Michael Gilroy and Gokul Rajaram's Marathon, while angel investors such as Eric Schmidt, Olaf Carlson-Wee, and Anton Levy also participated. This comes as, according to Atlas, it has surpassed $200 million in annualized spend volume for...
Robinhood Tax Lots screenshot
FinTech News

Robinhood Introduces Tax Lots Feature for Selling Assets

by Kyle Burbank
Robinhood is adding a new feature that will give customers greater control when it comes time to sell their shares. About Tax Lots: Today, Robinhood announced the launch of Tax Lots. With this feature, traders will be able to better manage their tax liabilities by gaining control over how their shares are sold. Using Tax Lots, customers will have more options for selling assets. For example, if a user has 100...
Cardless logo
FinTech News

FinTech Co-Branded Card Company Cardless Raises $30 Million

by Kyle Burbank
A co-branded credit card solution company has raised a new round of funding. About the round: This week, Cardless announced that it's raised $30 million. The round was led by Activant Capital with new and returning investors such as Mischief, Industry Ventures, Thayer Ventures, Assurant, and Amex Ventures also participating. With this latest funding, Cardless has now raised more than $90 million to date (plus a $75 million credit facility...
Robinhood Web3 logo
FinTech News

Robinhood Crypto Relists Previously Removed Assets, Adds More

by Kyle Burbank
Robinhood Crypto has added to its list of supported assets — including bringing back some previously delisted coins. About the additions: Recently, Robinhood announced that it was adding four crypto assets to its U.S. platform. These include Solana (SOL), Cardano (ADA), XRP (XRP), and Pepe (PEPE). In total, the platform now allows users in the United States to trade 19 cryptocurrencies. Notably, Solana and Cardano were removed from Robinhood in...
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Checking Account Review

2025 SoFi Checking and Savings Review

by Kyle Burbank
 Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. That was later sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind is SoFi’s acquisition of Golden Pacific...
Travelers with two Best Western Credit Cards
Credit Card News

Best Western Debuts Two New Rewards Credit Cards

by Kyle Burbank
After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation
Credit Card News

Marriott Bonvoy Bold Card Launches Travel Contest

by Kyle Burbank
Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos
Credit Card News

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

by Kyle Burbank
Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
PayPal Debit Card app
Checking Account Review

PayPal Debit Card Review: Earn Stackable 5% Cash Back

by Kyle Burbank
In recent weeks, PayPal debuted an updated debit card product (perhaps you've seen the incessant Will Ferrell commercials for it during football games?). With the launch of this card, the company known for online payments is encouraging customers to pay with them anywhere. To encourage such behavior, the debit card allows cardholders to earn 5% cashback — although, as you can imagine, there are some important restrictions on that. So,...