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
DTC Real Estate Platform Beycome Raises $2.5 Million
by Kyle Burbank
A platform built for direct-to-consumer real estate transactions has just closed a new round of funding. About Beycome's Funding Round Recently, Beycome announced that it had raised $2.5 million. The seed round was led by InsurTech Fund. Pivot Ventures, the Florida Opportunity Fund, RedShift Capital, Neer Venture Capital, Kima Ventures, Ignite Venture, and Founders Future also participated alongside other strategic and angel investors. With previous seed funding and convertible notes,...
FinTech News
Imprint Raises $150 Million, Reaches $1.2 Billion Valuation
by Kyle Burbank
A FinTech that helps brands create rewards credit cards has closed a new round of funding. About the Funding Round: This week, Imprint announced that it raised $150 million. The Series D was led by Khosla Ventures, while Thrive Capital, Ribbit Capital, Kleiner Perkins, Hedosophia, Spice Capital, and Timeless also participated. Notably, the funding was raised at a valuation of $1.2 billion, securing "unicorn" status for the startup. To date,...
FinTech News
Walmart's OnePay Rolls Out Cryptocurrency Trading
by Kyle Burbank
The FinTech neobanking app backed by Walmart has added cryptocurrency support — and a bonus offer for customers. About OnePay Crypto: OnePay has rolled out cryptocurrency trading in its app. Now, users can buy and sell both Bitcoin and Ethereum. Additionally, customres curious about cryptocurrency can find educational materials explaining the basics. Note that, to be eligible to open a crypto trading account, customers must also have a OnePay Cash...
FinTech News
SoFi Launches New "Smart Card," Drops Free Option for SoFi Plus
by Kyle Burbank
SoFi has announced some updates to its SoFi Plus premium membership, including the debut of the Smart Card. About the SoFi Smart Card: Today, SoFi announced the expansion of its SoFi Plus membership with the impending debut of the SoFi Smart Card. With the Smart Card, customers can earn 5% back on grocery store purchases. While grocery store delivery purchases are included as well, superstores such as Target and Walmart...
FinTech News
BON Credit Announces $3.5 Million Funding Round
by Kyle Burbank
A FinTech startup aimed at Gen Z users has raised a new round of funding. About BON Credit's Funding Round: San Francisco-based startup BON Credit has revealed a $3.5 million funding raise. The seed round was led by VenturesLab with participation from Hustle Fund, Outside VC, MBA Ventures, Sequoia Scout Fund, Accel Partners Scout Fund, and others. BON was also incubated by Foundation Capital and Inception Studio. With the new...
FinTech News
Klarna Introduces More Membership Tiers with New Perks
by Kyle Burbank
The "buy now, pay later" (BNPL) app Klarna has launched new membership tiers that include perks ranging from media subscriptions to airport lounge access. About Klarna's New Premium and Max Plans: This week, Klarna rolled out two new membership tier options for U.S. members: Premium and Max. These join the existing Core and Plus plans, which cost $4.99 a month and $9.99 per month, respectively. Each tier includes the Klarna...
FinTech News
Robinhood to Demo New Features at Keynote Event This Month
by Kyle Burbank
Robinhood is set to give a glimpse into its future during a keynote event. About the Robinhood Presents: YES/NO Event: Later this month, Robinhood will hold its latest event and highlight its upcoming additions. CEO Vlad Tenev will take the stage at Summit Skywalker Ranch on December 16th to discuss the company's next steps. The keynote will stream live in the Robinhood app as well as on X and YouTube...