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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Rate Introduces AI-Powered “Rate Intelligence” Platform
The mortgage service Rate has announced its latest FinTech feature: Rate Intelligence. About Rate Intelligence: This week, Rate formally announced its Rate Intelligence platform. The new tool is the result of the company’s partnerships with Gateless and Prajna. Additionally, Rate says it invested more than $100 million on the project between technical developments and the…
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Security Deposit Solution FinTech Obligo Raises $35 Million
A FinTech that offers tools for landlords and renters has announced its latest funding. About the round: This week, Obligo announced a new $35 million in funding. The Series C was led by True Global Ventures and 83North while a mix of equity and debt investors also participated in the round. This list includes 10D, Entrée…
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Robinhood Unveils Futures Trading, Desktop Platform, and More
The popular trading app Robinhood kicked off its first-ever HOOD Summit by announcing a number of new features for the platform. About the HOOD Summit and HOOD Week announcements: During a keynote at the HOOD Summit held in Miami, Robinhood chairman and CEO Vlad Tenev revealed some of the ways that the service is expanding.…
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Singapore-Based FinTech Surfin Raises $12.5 Million
Surfin, a FinTech headquartered in Singapore, has announced a new round of funding. About the funding round: This week, Surfin announced that it had raised $12.5 million. The Series A was led by Insignia Venture Partners, which has previously invested in such international FinTechs as CrediBook, Fazz, Nudge, among others. Surfin notes that this round…
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Gift Card Market Launches, Offering “Gift Local” Options
A FinTech is introducing a gift card site specific to small and local businesses. About Gift Card Market: Recently, the new site Gift Card Market launched, allowing customers to purchase gift cards for more than 5 million local eateries, spas, and salons. These local gift cards can be purchased and sent to loved ones via…
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Homeowner Membership Platform Mesa Raises $9.2 Million
A FinTech looking to build a rewards platform for homeowners has raised new capital. About the round: This week, Mesa announced that it had raised a total of $9.2 million — including $7.2 million in equity. The seed round was led by Streamlined Ventures with participation from Starting Line, Assurant Ventures, Vera Equity, Redwood Trust Horizons,…
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Benjamin Acquires New Things for “Money Moments” Expansion
A growing cashback app has revealed a new acquisition and funding round. About the acquisition: Benjamin Capital Partners has announced its acquisition of Austin-based startup New Things Co. As a result, Benjamin intends to integrate New Things’ proprietary augmented reality rewards into its app. Specifically, the company says the feature will be added to its…
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Estate Planning Platform Wealth.com Raises $30 Million
A FinTech that helps modernize estate planning processes has raised a new round of funds. About the round: This week, Wealth.com announced that it raised $30 million in its latest funding round. The Series A was led by GV (formerly known as Google Ventures) and included participation from Citi Ventures, Outpost Ventures, 53 Stations, and…
