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
Wage Access FinTech Clair Partners with Payroll Platform Check
by Kyle Burbank
The FinTech Clair has revealed the latest expansion of its service via a new partnership. About the partnership: This week, the earned wage advance service Clair announced that it would be partnering with the payroll infrastructure company Check. As a result, the Clair platform will be available for employers using Check to opt into, giving their employees the ability to request funds ahead of their payday. This partnership comes as...
FinTech News
Charlie Introduces SpeedBump Fraud Protection Feature
by Kyle Burbank
A FinTech that helps prevent adults from falling victim to scams and fraud is adding a new feature to further that cause. About SpeedBump: Today, Charlie announced the launch of its SpeedBump feature. This tool combines alerts, pauses, and real-time education to help protect older adults who may be vulnerable to scams and fraud. SpeedBump may be activated when Charlie customers take certain actions, such as adding a payee, making...
FinTech News
Technology Financing Company Gynger Raises $20 Million
by Kyle Burbank
A FinTech that helps tech-buying businesses finance their purchases has closed a new round of funding. About the round: This week, Gynger announced that it had raised $20 million. The Series A was led by PayPal Ventures, while Gradient Ventures, Velvet Sea Ventures, BAG Ventures, and Deciens Capital also participated. In addition to the equity round, the company secured a debt facility of $100 million from Community Investment Management. Previously,...
FinTech News
Financial Reporting FinTech InScore Launches, Raises $4.3 Million
by Kyle Burbank
A FinTech that helps companies with their financial reporting and auditing processes has officially launched and raised a new round of funds. About the round and InScope: InScope has announced that it recently raised $4.3 million. The seed round was led by Lightspeed Venture Partners, while a group of individual investors also participated. The San Francisco-based InScope was founded last year and ran a beta earlier this year but is...
FinTech News
Robinhood To Acquire Bitstamp for $200 Million
by Kyle Burbank
Robinhood is set to expand its crypto platform with its latest purchase. About the acquisition: Last week, Robinhood announced plans to acquire Bitstamp. The deal is valued at approximately $200 million, but is subject to customary adjustments. The all-cash transaction is expected to close in the first half of next year. According to Robinhood, the acquisition will introduce its first institutional business as Bitstamp is "trusted by its institutional clients...
FinTech News
Fizz Announces $14.4 Million Seed Round
by Kyle Burbank
A credit-building debit card FinTech has raised a new early-stage round of funding. About the round: Fizz has revealed that it raised $14.4 million. The seed round was led by Kleiner Perkins, while V Angel, Y-Combinator, New Era Ventures, and others also participated. Previously, Fizz raised a $125,000 pre-seed round in 2021. With the new capital, Fizz plans to build its team and create new product lines. Additionally, it intends...
FinTech News
U.S. Bank Partners with Greenlight for Family Banking Tool
by Kyle Burbank
The family finance FinTech Greenlight has announced a new partnership with U.S. Bank. About the partnership: U.S. Bank and Greenlight are working together to help raise financial literacy for families. Now, eligible U.S. Bank checking account customers will have complimentary access to Greenlight's debit card and app. This includes accounts for up to five children. To get started, customers can enroll in Greenlight via the U.S. Bank mobile app or...