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
FinTech Leaders Share How Startups are Growing Financial Equity
by Kyle Burbank
This week, CES 2022 kicked off in Las Vegas — carrying on despite a number of companies canceling their plans and the expo itself cutting a day from its schedule. Of course, given the state of the world, there's also a strong digital aspect to this year's event, allowing attendees to stream some of the presentations. Among the sessions that happened to be streamed was one titled "FinTechs and the...
FinTech News
Rêv Launches X World Wallet in the United States
by Fioney Staff
In recent years, a major trend in FinTech has been the issuance of debit cards. Each of these offerings boasts its own unique twist — be it instant rewards, a focus on the environment, charitable giving, etc. Now another prepaid card is entering the U.S. market and looking to make a splash: the Rêv's X World Wallet. Rêv's X World Wallet is a multi-currency debit card that also includes a...
FinTech News
Cion Digital Raises $12 Million to Expand Cryptocurrency Payments
by Fioney Staff
There's no doubt that 2021 was a breakout year for crypto. Not only did several assets see major price increases (along with plenty of volatility) but a number of startups in the cryptocurrency space also saw significant investments. Now, with 2022 officially underway, one crypto-centric FinTech is starting off the year by closing a new funding round. This week, Cion Digital announced that it had raised $12 million. The seed...
FinTech News
Robinhood Offers Update on Crypto Wallet Feature, Announces Beta
by Fioney Staff
In September, the trading app Robinhood announced that it would begin rolling out one of the most commonly-requested features: cryptocurrency wallets. While the platform added the ability for users to buy and sell select crypto assets in 2018, those assets weren't able to be transferred to external wallets or used for payment. However, in a new blog post, the app clarified that very few users have been able to test...
FinTech News
India-Based Digital Banking App Jupiter Raises $86 Million
by Fioney Staff
When the book closes on 2021, it will surely show a record-smashing year in terms of FinTech deals. And while there have been plenty of big funding rounds from stateside startups, companies around the world have also seen success in attracting investors. The latest example of this is India-based neobank Jupiter, which just recently raised its second round of 2021. As TechCrunch reports, Jupiter recently closed an $86 million funding...
FinTech News
Crypto Portfolio Tool Stacked Raises $35 Million
by Fioney Staff
During the pandemic, retail investment platforms have seen huge spikes in interest. This has been evident in the "meme stock" revolution as well as the growing popularity of free trading apps. Meanwhile, interest and investment in cryptocurrencies have exploded as well, with many consumers even moving beyond bigger assets such as Bitcoin and exploring opportunities found in smaller coins. Now, a platform that helps crypto investors maximize their portfolios has...
FinTech News
Robinhood Introduces Crypto Gift Feature Ahead of the Holidays
by Fioney Staff
Ever since the holiday season began to come into view, supply chain issues have been a major story. With physical goods seeing delays, several retailers and companies have instead put an emphasis on digital gift ideas. Following in that vein, the trading app Robinhood has just rolled out a new feature that will allow users to send cryptocurrency gifts to their friends and family quickly and easily. According to a...