FinTech News Archives - Page 33 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.

Greenwood founders
FinTech News

Greenwood Acquires Fellow Neobank Kinly

by Kyle Burbank
Two banking startups are joining forces to further their mission of helping Black America build generational wealth. Earlier this month, Greenwood announced its acquisition of Kinly. According to a press release, the transaction will bring "the two largest FinTechs focused on the Black community together as one company." Moreover, with 300,000 Kinly members joining Greenwood, the combined neobank will have more than 1 million members. About Greenwood and Kinly: Greenwood...
Pesto Mastercard
FinTech News

Pawn Lending Alternative Pesto Announces New Funding Round

by Kyle Burbank
A startup that's looking to disrupt the pawn shop loan market is ready to hit the scene. This week, Pesto announced a new round of funding, while also launching the Pesto Mastercard. About the funding round: The FinTech firm Pesto has revealed a fresh round of funding. While the amount of the round was not disclosed in a press release, Crunchbase reports that the Series A amounted to $11 million....
Faye app screenshots
FinTech News

Travel Insurtech Brand Faye Raises $10 Million

by Kyle Burbank
An insurtech company with a focus on travel has scored a sizable funding round just ahead of the busy summer season. The funding round details: This week, Faye announced that it had raised $10 million. The Series A was led by Munich Re Ventures alongside existing investors Viola Ventures and F2 Venture Capital. Menora Tech and former Allianz Global Travel Insurance CEO Mike Nelson also participated. To date, the company...
Robinhood app on three phones
FinTech News

Robinhood Introducing 24 Hour Market Trading for Select Stocks

by Kyle Burbank
The popular stock trading app Robinhood is readying its latest feature, announcing that it will soon offer "24/5" trading with Robinhood 24 Hour Market. This new addition will allow customers to buy and sell stocks well outside of regular market hours. Specifically, the 24 Hour Market trading hour will run from 8:00 p.m. Eastern on Sunday to 8:00 p.m. Eastern on Friday. Currently, regular Market Hours are 9:30 a.m. Eastern...
Cardless logo
FinTech News

FinTech Card Issuer Cardless Announces $75 Million Credit Facility

by Kyle Burbank
The FinTech credit card firm Cardless has secured a new means of capital as it looks to continue its expansion. This week, the company announced that it'd reached a deal with i80 Group, securing a three-year $75 million credit facility. In addition to the credit facility, Cardless has announced that Brian Kelly has invested in the company. As the founder of the popular travel and credit card site The Points Guy, Kelly...
hands holding cards
FinTech News

Credit Builder Petal Raises $35 Million, Spins Off Prism Data

by Kyle Burbank
The credit-building credit card FinTech Petal has announced a fresh round of funding and a big change to their business. First, the company disclosed that it's raised $35 million. The new funding was led by Valar Ventures with Story Ventures, Core Innovation Capital, and RiverPark Ventures participating as well. Strategic investments from Synchrony and Samsung Next were also included. To date, Petal has now raised nearly $300 million in equity...
Vera logo
FinTech News

Vera Equity Announces $20 Million Fund to Invest in Startups

by Fioney Staff
Financial technology companies looking for investment have a new potential partner to turn to. This week, the venture capital firm Vera Equity announced that it has raised a $20 million fund. With this capital, the company will invest in early-stage FinTech startups. While the announcement of the fund has arrived now, Vera has already invested in a number of startups. This includes participating in StellarFi's $15 million Series A in...
Apple Card and Apple Savings app
FinTech News

Apple Card Savings Nears $1 Billion in Deposits During First Days

by Fioney Staff
Last month, after previously announcing plans to introduce a savings account, Apple debuted Apple Card Savings. The new offering allows Apple Card customers to automatically deposit their earned cashback into high-yield savings. Now, the account has seemingly seen early success based on the value of initial deposits. According to a report from Forbes, Apple Card Savings managed to accrue $400 million in deposits on its launch day. Furthermore, after four...
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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,...