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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Cash App Adds Ability to Request Payment Via a Custom Link
Block Inc.’s popular P2P app is introducing a new payment option. About Cash App Payment Links This week, Cash App introduced a new peer-to-peer payment medium. Customers can now send payment requests by generating a link in the app. The new feature serves as an alternative to existing Cash App payment methods, which include adding…
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MrBeast’s Company Acquires Neobanking App Step
A company founded by YouTube giant MrBeast has acquired a FinTech banking app aimed at younger adults. About the Beast Industries Acquisition of Step: Today, Beast Industries announced that it was acquiring Step. Financial details of the transaction were not shared in the press release. Step is a Gen Z-centric neobanking app that offers credit-building…
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Robinhood Plans Next Keynote Event, “Take Flight”
The popular trading app Robinhood has announced another keynote event, set for next month. About Robinhood’s “Take Flight” Event Robinhood is making a series of announcements and scheduling a presentation titled “Take Flight.” The keynote will take place on Wednesday, March 4. True to the title and theme of the event, it will take place…
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Varo Bank Reveals $123.9 Million Series G Funding Round
The first FinTech to gain a national bank charter continues to raise funds. About Varo’s Latest Funding Round: This week, Varo Bank announced that it raised $123.9 million in growth investment. The Series G was led by returning investor Warburg Pincus, along with newcomer Coliseum Capital Management. Other existing investors including Northview also participated, increasing…
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OnePay Latest App to Partner with April to Offer Free Tax Filing
You can add OnePay to the growing list of platforms customers can now use to file their tax returns. About the OnePay-April Partnership: Walmart-backed FinTech OnePay is introducing a new feature just in time for tax season. Now, OnePay Cash customers can file their taxes for free using the app. This capability comes courtesy of…
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Capital One Set to Acquire FinTech Platform Brex
Capital One is looking to add another acquisition to the list as it’s made a deal to acquire a FinTech platform. About Capital One’s Acquisition of Brex: Recently, Capital One announced that it had reached a definitive agreement to acquire Brex. The deal is valued at $5.15 billion, which includes a mix of stock and…
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OnePay Introduces After Purchase “Swipe to Finance” Feature
Walmart-backed FinTech OnePay is partnering with Klarna to bring customers a new way to finance purchases. About OnePay Swipe to Finance: This week, OnePay (formerly ONE Finance) revealed the latest addition to its lineup of financial services: Swipe to Finance. With this option, OnePay Cash customers can opt for a pay-over-time plan after making a…
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PayPal Partners with April to Provide Free Tax Filing Option
This tax season, PayPal debit card customers will have a new, free option for filing their tax returns. About the PayPal-April Partnership PayPal has announced a new feature that will allow PayPal Debit Mastercard customers in the United States to file their taxes for free. This capability comes courtesy of April. According to PayPal, customers…
