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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Are We Witnessing the End of the Neobank?
The first time I heard the term “FinTech” was in 2015. In the near-decade since, I’ve become a diligent observer of the industry and a sizable fan overall. Over the years, I’ve witnessed some startups rise to mainstream success while others go out nearly as quickly as they arrived. Similarly, I’ve watched as venture capital…
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Robinhood Acquires AI Investment Research Platform Pluto
The popular trading app Robinhood is joining the AI gold rush with its latest acquisition. About Pluto and the acquisition: In a blog post, Robinhood announced plans to purchase the AI-powered investment research tool Pluto Capital. With Pluto, investors can obtain customized strategies based on their goals. As a result of the acquisition, Pluto’s founder…
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Rainforest Announces $20 Million Funding Round
A payment provider built for software platforms has raised a sizeable Series A. About the round: Rainforest has announced that it has raised $20 million in new funding. The over-subscribed Series A was led by Matrix Partners with returning investors Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, and Ardent Venture Partners also…
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Wage Access FinTech Clair Partners with Payroll Platform Check
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…
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Charlie Introduces SpeedBump Fraud Protection Feature
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…
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Technology Financing Company Gynger Raises $20 Million
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…
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Financial Reporting FinTech InScore Launches, Raises $4.3 Million
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…
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Robinhood To Acquire Bitstamp for $200 Million
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…
