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
FinTech News
Impact Karma Raises $5.5 Million Seed Round
Another environmentally-focused FinTech has raised a new round of funding. About the round: Impact Karma has announced a $5.5 million seed round. As Triangle Inno reports, the round included investments from 37 firms — although they were not specified. The site also notes that, according to a securities filing, the startup anticipates that the round will reach $7.2 million. Prior to this round, Impact Karma had raised capital via three...
FinTech News
Claim App Announces $4 Million Seed Round
A FinTech that combines cashback and social media has raised a new round of funding. About the round: Startup Claim has announced that it raised $4 million. The seed round was led by Sequoia Capital and joins a previously unannounced $2 million pre-seed round led by Susa Ventures and BoxGroup. Other Claim investors include 6th Man Venture, Reflexive Capital, A* Capital, GSW Ventures, The Kraft Group, Theia, Luke deWilde, and...
FinTech News
Future Raises $6.5 Million, Acquires Fan Rewards
A FinTech focused on helping the environment while rewarding customers has announced two big developments: a fresh round of venture capital and an acquisition. About the round and acquisition: This week, the climate-centric startup Future announced it had raised $6.5 million. The Series A funding came from new and returning investors — although participants were not specified. To date, the company has now raised $11.8 million including its 2022 seed...
FinTech News
Visa Announces Expansion of FinTech Fast Track Program
Visa has announced some updates to its FinTech Fast Track program for startups. About the expansion: This week, Visa revealed that it would expand its FinTech Fast Track program, taking it beyond card issuance. Now, participants will also have access to Visa Direct — a "real-time money movement platform." On top of that, the company will increase support for Fast Track startups via Visa Consulting & Analytics. With access to...
FinTech News
SellersFi Credit Facility and Equity Round
SellersFi has announced a number of updates, including a credit facility, equity investment round, and more. About the round and investments: This week, SellersFi made a trio of announcements. First, the company revealed that it closed a debt facility with Citi and Fasanara Capital. Specifically, Citi will provide the senior capital with Fasanara providing junior capital. While this facility is for $135 million, it has the potential to grow up...
FinTech News
Robinhood Crypto Launches in EU with Bitcoin Back Offer
Robinhood Crypto is making its way to the European Union (EU). About the rollout: Robinhood has announced the rollout of its Robinhood Crypto platform in the EU. With the debut, eligible customers in supported countries will be able to trade more than 25 cryptocurrencies. Additionally, the company says that additional tokens, the ability to transfer coins, crypto learning rewards, and more will join the app in 2024. In a unique...
FinTech News
