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
Budgeting App Monarch Introduces Monarch Plus Product Tier
by Kyle Burbank
A popular budgeting and personal finance app is introducing a new service tier with additional features. About Monarch Plus: Today, Monarch announced the launch of its new premium product called Monarch Plus. This new tier is meant to provide greater financial planning tools, including forecasting and other future-centric features. With Monarch Plus, customers will be able to explore different money scenarios and paths, seeing how today's spending may affect future...
FinTech News
Robinhood Sets 1 Million Student Financial Education Goal
by Kyle Burbank
The investment app has announced a new initiative to encourage financial education in the classroom. About Robinhood's Financial Education Goal: This week (on Tax Day, incidentally), Robinhood revealed its pledge to reach one million people with classroom-based financial education programs by 2023. The announcement was made at the second annual Financial Education Summit in Washington D.C. According to the company, it plans to reach a range of people from grade...
FinTech News
Embedded Finance Platform Pipe Raises $16 Million
by Kyle Burbank
A FinTech offering embedded financial solutions built for small businesses has raised a new round of funding. About Pipe's Funding Round: Recently, Pipe revealed that it raised another $16 million. The unspecified venture round was led by Fin Capital and MaC Venture Capital. Notably, Fin Capital also led the FinTech's seed round back in 2020. According to Pipe, this is the company's first equity raise since 2024, when it relaunched...
FinTech News
SoFi to Bring Future Wealth Summit Events to College Campuses
by Kyle Burbank
FinTech turned bank SoFi is celebrating Financial Literacy Month with a college campus tour. About SoFi's Future Wealth Summit: SoFi has announced the launch of the Future Wealth Summit. This campus tour will visit more than 30 colleges/universities across the nation during the month of April — which is National Financial Literacy Month. Additionally, a flagship event will take place at Rutgers University in New Brunswick, New Jersey on April...
FinTech News
Charles Schwab Launches Teen Investor Account Option
by Kyle Burbank
Brokerage firm Charles Schwab is introducing a new account aimed at the next generation of investors. About the Schwab Teen Investor Account: Recently, Charles Schwab announced the debut of a Teen Investor account. This new option is a joint account between a parent/legal guardian and teens aged 13 to 17. With a Teen Investor account, users will not only have access to a variety of investment products but will also...
FinTech News
Venmo Expands to Allow Sending Payments to PayPal Users
by Kyle Burbank
Venmo's payment network is growing by more than 200 million, thanks to a new update. About Venmo's PayPal Payment Feature This week, Venmo announced that it was expanding its peer-to-peer payment platform. Now, Venmo users are able to send funds to PayPal accounts. This includes users in 90 markets where PayPal operates. To send payments to PayPal users, Venmo customers can enter a phone number associated with the receiving account....
FinTech News
FinTech Greenlight Launches First Physical Product: GPS Tracker
by Kyle Burbank
The family banking app Greenlight is expanding, debuting its first-ever physical product. About Greenlight Safe Family: Recently, Greenlight announced the launch of Greenlight Safe Family. This new line of GPS-enabled, screen-free devices helps families protect their loved ones. Currently, the company offers models for children, seniors, and dogs. In addition to GPS tracking capabilities, Greenlight Safe Family devices include an SOS button that alerts an emergency contact, customizable place alerts,...