FinTech News Archives - Page 2 of 78

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.

MoneyThumb logo
FinTech News

SaaS FinTech MoneyThumb Acquired by Iron Creek Partners

by Kyle Burbank
A company that offers a variety of underwriting tools has revealed that it's been acquired. About the acquisition: This week, MoneyThumb announced that the private investment firm Iron Creek Partners LLC has acquired the company. According to a press release, this transaction will provide MoneyThumb with growth capital as the company continues to expand. While the news was announced on August 29th, the transaction officially closed on August 19th, 2024....
a couple looking at blueprint
FinTech News

LendingClub Bank Introduces LevelUp Savings Account

by Kyle Burbank
The FinTech bank LendingClub has announced a high-yield savings account that will allow customers to "LevelUp" their earned interest. About the account: With the new account, customers will be able to earn up to 5.30% APY on funds — which is 11 times the national average. However, to earn this rate, accountholders must deposit at least $250 per month. Those who don't manage to meet this requirement will still earn...
Bask app hovering over a mobile POS reader
FinTech News

Bask Bank Launches Interest Checking Account

by Fioney Staff
After teasing a new account type a few weeks ago, Bask Bank has now opened an Interest Checking option to all customers. About the new account: With the new Bask Interest Checking, customers can earn 1% APY while enjoying the benefits of a mobile-first checking account. Not only can accountholders use their Bask debit card to make purchases wherever Visa is accepted but they will also have access to more...
PayZen app and credit card
FinTech News

Healthcare Affordability Startup PayZen Raises $32 Million in Equity

by Kyle Burbank
A FinTech that helps patients find affordable healthcare solutions has raised new funds in two ways. About the round: This week, PayZen revealed its Series B funding round. The oversubscribed round included $32 million in equity as well as a new $200 million credit warehouse. NEA led the equity portion of the round along with participation from existing investors, such as 7wireVentures, SignalFire, Viola Ventures, and others. Meanwhile, Viola Credit...
Savvy Wealth team photo
FinTech News

Savvy Wealth Raises $26.5 Million for Wealth Management AI Tools

by Kyle Burbank
The digital financial advisor platform Savvy Wealth has revealed an addition to its early-stage funding round. About the round: Savvy Wealth has announced the closure of its Series A, which totals $26.5 million. This includes the addition of $15.5 million from Canvas Ventures. New and existing investors including Thrive Capital, Brewer Lane Ventures, Index Ventures, The House Fund, and Alumni Ventures also participated. To date, the company has now raised...
3 Faye Travel Insurance app screenshots
FinTech News

Faye Raises $31 Million for Travel Insurance Platform

by Kyle Burbank
An app that makes travel insurance buying simpler has raised an impressive round of funding. About the round: Faye has announced a new $31 million round. The Series B was led by Portage while Lumir Ventures and existing investors F2 Venture Capital, Viola Ventures, and Munich Re Ventures also participated. To date, the company has now raised a total of $49 million, including a $10 million Series A last year...
Fold logo and app
FinTech News

Bitcoin Rewards App Fold Announces Plan to Go Public Via SPAC

by Kyle Burbank
A Bitcoin-centric FinTech has announced plans to hit the NASDAQ market. About the public offering: Fold is ready to go public. The company revealed that it's entered into a definitive agreement with the special purpose acquisition company (SPAC) FTAC Emerald Acquisition Corp. As a result of the proposed transaction, Fold will be listed on NASDAQ. The new ticket symbol will be announced at a later date. According to a press...
Carry team
FinTech News

Tax-Advantaged Account Platform Carry Raises $10 Million

by Kyle Burbank
An investment platform with an emphasis on tax-saving strategies has raised a new round of funding. About the round: Earlier this week, Carry revealed that it had raised $10 million. The Series A was led by Accomplice VC with "dozens" of angel investors participating as well. According to the company, the funds were raised at a pre-money valuation of $65 million. This round follows a $4.5 million seed round in...
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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...
Fioney Top 10 Must-Read Personal Finance Articles Septemeber 2024
Money Management

Top 10 Personal Finance Articles of the Month — September 2024

by Kyle Burbank
Welcome to Fioney's look at the top 10 personal finance articles of the month. On the first Friday of each new month, we look back at some of our favorite posts published in the weeks prior and highlight them right here. This includes a mix of sites that have become staples of our lists as well as many first-timers. To start things off this month, we'll look at some articles...
Amazon and Target logos
Credit Card News

Discover Reveals 5% Bonus Categories for Final Quarter of 2024

by Kyle Burbank
As we head into the holiday season, Discover has unveiled its fourth-quarter bonus category picks. About the Q4 2024 Discover It 5% categories: Starting on October 1st, Discover It customers will be able to earn up to 5% back on purchases from two major retailers. First up is Amazon — which has been a fixture of Discover's fourth-quarter bonus categories since at least 2015. While this category will of course cover...
Checking Account Review

2024 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. Lately it seems as though that theme has been 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...