FinTech News Archives - Page 22 of 94

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.

Ansa logo and app
FinTech News

Branded Customer Wallets FinTech Ansa Raises $14 Million

by Kyle Burbank
A FinTech that helps businesses create stored value payment programs has raised a fresh round of funding. About the round: Ansa has announced a new $14 million round. The Series A was led by Renegade Partners while Bain Capital Ventures, B37 Ventures, Box Group, and Wischoff Ventures also participated. This latest round comes almost exactly one year after a seed round, bringing the company's total funds raised to $19.4 million....
Backflip logo and app
FinTech News

FinTech Real Estate Platform Backflip Raises $15 Million

by Kyle Burbank
A real estate FinTech has revealed its latest funding round. About the round: This week, Backflip announced that it raised $15 million. The Series A was led by FirstMark Capital, while previous investors Vertical Venture Partners, LiveOak Venture Partners, Revel Partners, ECMC, Crow Holdings, and various angel investors also participated. To date, Backflip has raised $95 million in combined equity and debt, including an $8 million seed round in 2022....
Givebutter and BVP Forge logos
FinTech News

Nonprofit Fundraising Platform Givebutter Raises $50 Million

by Kyle Burbank
A platform built for nonprofit fundraising has raised some funds of its own. About the round: This week, Givebutter has announced that it's raised $50 million in strategy growth investment funds. The round was led by BVP Forge with participation from Ardent Venture Partners. To date, Givebutter has now raised $57 million including a seed round in 2022. These newly raised funds will be used to accelerate the development of Givebutter's...
Ramp logo
FinTech News

Spend Management FinTech Ramp Raises $150 Million

by Kyle Burbank
The FinTech startup Ramp has revealed its latest "mega-round." About the round: This week, Ramp announced that it had raised $150 million. The Series D-2 was co-led by Khosla Ventures and Founders Fund. Additionally, new investors Sequoia Capital, Greylock, and 8VC joined existing investors Thrive Capital, General Catalyst, Sands Capital, D1 Capital Partners, Lux Capital, Iconiq Capital, Definition Capital, Contrary Capital, and others in participating in the round. To date,...
Karma Wallet and DoneGood logos
FinTech News

Karma Wallet Announces Acquisition of DoneGood Marketplace

by Kyle Burbank
An eco-conscious FinTech is adding a sustainable shopping marketplace to its offerings via an acquisition. About the acquisition: This week, Karma Wallet announced that it had acquired DoneGood. Terms of the deal were not disclosed. However, as a result of the purchase, DoneGood will be integrated into the Karma Wallet ecosystem, simplifying the sustainable shopping process. According to Karma Wallet, the acquisition of DoneGood will further empower consumers to make...
two woman standing next to two Petal cards
FinTech News

Empower Financial to Acquire Petal

by Kyle Burbank
The popular credit-building card company Petal is being acquired. About the deal: Empower Financial (not to be confused with Empower, which acquired Personal Capital and rebranded it to Empower Personal Dashboard) has signed a definitive agreement to acquire Petal. Details of the deal were not disclosed. However, Empower anticipates the transition to close later this quarter. News of this acquisition also comes as Empower has completed its purchase of Cashalo....
holding a model home
FinTech News

Rocket Mortgage Announces AI-Powered Tool Rocket Logic

by Kyle Burbank
Rocket Companies has unveiled a new AI tool that it says will help makes mortgage underwriting faster and easier. About Rocket Logic: Rocket Mortgage is introducing Rocket Logic — a patented AI platform for mortgages. According to the company, Rocket Logic utilizes insights from more than 10 petabytes of proprietary data as well as 50 million annual call transcripts. As a result, the AI system is designed to help customers...
Brim logo
FinTech News

Brim Financial Raises $85 Million as It Eyes Global Expansion

by Kyle Burbank
Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
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Checking Account Review

2025 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. That was later 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 is SoFi’s acquisition of Golden Pacific...
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...
Bilt and All Reward logos
Credit Card News

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

by Kyle Burbank
Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
PayPal Debit Card app
Checking Account Review

PayPal Debit Card Review: Earn Stackable 5% Cash Back

by Kyle Burbank
In recent weeks, PayPal debuted an updated debit card product (perhaps you've seen the incessant Will Ferrell commercials for it during football games?). With the launch of this card, the company known for online payments is encouraging customers to pay with them anywhere. To encourage such behavior, the debit card allows cardholders to earn 5% cashback — although, as you can imagine, there are some important restrictions on that. So,...