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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Bilt Rewards Raises $150 Million, Launches Home Buying Tool
A growing startup that offers rewards for renters has just raised another round of funding. Today, Bilt Rewards announced that it had closed a $150 million growth round. This round was led by Left Lane Capital, while Smash Capital, Wells Fargo, Greystar, Invitation Homes, Camber Creek, Fifth Wall, and Prosus Ventures also participated. Notably, this latest…
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Neobank Aspiration Names Olivia Albrech as New CEO
Since its founding in 2013, the environmentally-minded neobank Aspiration has undergone many changes. Along the way, the company has also seen significant investments from such celebs as Leonardo DiCaprio and Robert Downey Jr., raising $250 million to date. Now, the company is undergoing another big change as a new leader is stepping up. Recently, Aspiration…
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FinTech API Astra Raises $10 Million Series A
A startup that looks to make ACH transfers better for all involved has just closed a significant investment round. Recently, Astra announced that it had raised $10 million. The Series A was led by FPV Ventures, while Slow Ventures and Allegis Capital also participated. In addition to the equity round, the FinTech secured a $30 million line of credit…
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Current Banking App Adds Cryptocurrency Trading
It wasn’t that long ago that buying and selling cryptocurrencies required consumers to navigate a number of unfamiliar platforms and systems. However, that has long since changed with the advent of Coinbase and, later, the integration of crypto trading into other popular FinTech offerings. The latest example of the latter comes from Current, which will…
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FinTech Upgrade Now in Top 25 U.S. Credit Card Issuers
Nearly three years ago, Upgrade debuted its first credit card offering aptly named Upgrade Card. Since then, the company has regularly added to its slate of cards, landing it a spot on the list of the Top 50 U.S. Credit Card Issuers according to a Nilson Report. Now, the October 2022 edition of that list…
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Crypto Checking Account Juno Closes $18 Million Series A
Despite the so-called “Crypto Winter” continuing, a FinTech that bills itself as a checking account for crypto natives has just secured a significant investment. This week, Juno announced that it had raised $18 million in funding. The Series A was led by ParaFi Capital’s Growth Fund with additional participation from Hashed, Jump Crypto, Uncorrelated Fund,…
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Debt Payoff App Tally Raises $80 Million
A well-known FinTech app that offers debt consolidation to consumers has just secured a major investment. Today, Tally announced that it had raised $80 million in its latest funding round. The Series D was led by Sway Ventures, while Menora Mivtachim along with previous investors Kleiner Perkins, Andreessen Horowitz, Shasta Ventures, Cowboy Ventures also participated.…
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Tongo Closes $7 Million Seed Round
For most Americans, there’s predictability that comes with their paychecks. After working their hours, they receive pay for that work within a couple of weeks. However, real estate agents traditionally haven’t enjoyed such a schedule as their pay depends on a home sale to close. That’s something the FInTech Tongo is looking to change —…
