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.
-
On-Demand Employee Pay Platform Rain Raises $66 Million
A startup that helps employees access their earned wages more quickly and easily has just raised some major funds of its own. This week, Rain announced that it has raised $66 million in equity. The Series A was led by QED Investors and Invus Opportunities, while WndrCo, Tribe Capital, and Dreamers VC also participated. In…
-
TTV Capital Closes Fund VI for Early-Stage FinTech Investments
A major venture capital firm has announced the closure of its latest fund, which will invest in a number of growing FinTech startups. This week, TTV Capital announced the closure of its sixth fund (Fund VI), with a total of $250 million. Capital in this fund was contributed by both new and existing partners, including…
-
Nitra Latest FinTech to Join Visa’s Fast Track Program
A spending insights platform built for healthcare professionals is getting a big boost by joining up with a major card company. This week, Nitra announced that it was the latest startup to join Visa’s Fast Track program. As a result, the company will now have access to Visa’s global payment network, VisaNet Nitra is a…
-
Stripe Raises $6.5 Billion, Now Valued at $50 Billion
FinTech giant Stripe has just closed a massive funding round, but is once again cutting its valuation. The online payments company has announced that it’s just raised $6.5 billion. The Series I included participation from returning investors Andreessen Horowitz, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, and Thrive Capital, while new investors GIC, Goldman…
-
Credit Karma Introducing Net Worth Tool Built with Mint
This week, Credit Karma announced that it was introducing a Net Worth tool. In a press release, the company said that the addition is part of their goal to become “a full-service personal finance management platform.” The new feature will apparently begin rolling out to users with credit scores of 720 or higher but they…
-
Bankjoy Raises New Funding From Curql Collective
A FinTech that brings enhanced digital experiences to a variety of financial institutions has garnered new investment. This week, Banjoy announced it had raised a new round of funding led by Curql Collective — a Credit Union Service Organization that looks to bring FinTech innovation to credit unions. The amount of the venture round was not…
-
Robinhood’s Non-Custodial Crypto Wallet Now Available for iOS
A new crypto app from Robinhood has finally arrived. This week, the FinTech announced that its Wallet app was available to download in the Apple App Store, making it accessible to all iOS users. Previously, the app was only available to a select number of users while more than a million customers remained on the…
-
LendingTree Launches Win Card in Partnership with Upgrade
Two popular FinTech firms are partnering up to introduce a new credit card that can help consumers “win” at finance. This week, LendingTree and Upgrade announced the debut of the Win Card — inspired by LendingTree’s “You Win” tagline. The new card will carry no annual fee and will allow cardholders to earn 2% cashback…
