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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Fraud Prevention FinTech Closinglock Raises $12 Million
A FinTech that looks to reduce fraud in real estate transactions has raised a new funding round. About the round: This week, Closinglock announced that it had raised $12 million round of funding. The Series A was led by Headline with participation from LiveOak Ventures, RWT Horizons, and GTMfund. With a seed round in 2022,…
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Climate Metrics FinTech Watershed Announces $100 Million Round
A climate-focused FinTech has just closed the latest “megaround.” About the round: Watershed has announced a $100 million round that values the company at $1.8 billion. The Series C was led by Greenoak while Kleiner Perkins, Sequoia Capital, Elad Gil, Emerson Collective, Galvanize Climate Solutions, and Neo also participated. To date, the company has now…
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FairPlay Announces Partnership with Upgrade
The FinTech Upgrade will be working with another startup in a bid to make its lending practices more fair. About the partnership and about FairPlay: This week, FairPlay and Upgrade announced a new partnership. As a result, Upgrade will implement FairPlay solutions. In doing so, the company is looking to monitor and improve the fairness…
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SoFi Launching Alternative Investments Feature
A FinTech brokerage is bringing more investment options to its platform. About the feature: SoFi has announced that alternative investments will soon be offered as part of SoFi Invest. These include the ability to invest in commodities, pre-IPO unicorns, private credit, and more. According to SoFi, they’ll begin by offering more than 6,000 mutual funds.…
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Bilt Rewards Announces $200 Million Equity Round
Bilt Rewards has announced its latest funding round as well as the addition of some luminaries to the company’s board of directors. About the round and board appointments: Today, Bilt Rewards revealed a $200 million equity investment. The round was led by General Catalyst with participation from Eldridge and returning investors Left Lane Capital, Camber…
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Citi Launches Deal-Finding Browser Extension for Cardholders
Citi Bank has announced the debut of a new browser extension aimed at saving cardholders money. About the platform: This week, Citi unveiled Citi Shop. The new desktop browser extension is now available to eligible Citi credit card customers in the United States. Currently, the extension can be installed on Chrome, Safari, or Microsoft Edge…
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Financial Wellness Platform Kashable Raises $25.6 Million
A FinTech that helps employees access lower-cost credit options has announced a significant funding raise. About the round: Kashable has revealed a new $25.6 million funding round. The Series B was co-led by Revolution Ventures and Moneta Ventures, while EJF Capital and Krillion Ventures also participated. The company indicates that the capital will help fuel…
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Current Partners with Column Tax for Free Tax Filing Feature
This tax season, users of the app Current will have the option to file their returns for free thanks to a new partnership. About the offering: The neobank Current has announced a partnership with Column Tax. As a result, users will be able to file their taxes using the app. This feature will be available…
