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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Upgrade Raises $280 Million Series F
The appropriately named Upgrade just managed one of their own with its latest funding round. Today, the company announced that it had raised $280 million. The Series F was led by Coatue Management and DST Global with additional participation from Dragoneer Investment Group, Gopher Asset Management, G-Squared, Koch Disruptive Technologies, Old Well Partners, Ribbit Capital, Sands…
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Knott’s Berry Farm Announces Cashless Initiative
Throughout the pandemic, adoption of contactless payments has continued to grow. This not only includes use of mobile wallets but also tap to pay technology on traditional credit and debit cards. In turn, some retailers have also begun discouraging the use of cash or even disallowing acceptance of it all together. Now, a major Southern…
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Burger King Partners with Robinhood for Crypto Promotion
There’s no question that the past few years have seen cryptocurrencies growing increasingly mainstream. While trading these digital assets was once a challenging and technically advanced experience, now there are plenty of easy-to-use options. Speaking to that reality, iconic fast-food chain Burger King has announced a partnership with Robinhood that will allow customers to win…
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EV Automaker Rivian to Offer IPO Shares on SoFi Invest
In recent years, the true power of retail investors — especially those using FinTech apps such as Robinhood and others — has been on full display. Thus, earlier this year, some of these platforms began offering customers the ability to purchase initial public offerings shares at their list price before they hit the market. Now,…
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Freelancer Financial Tool Able Raises $3.2 Million
A FinTech platform that looks to help self-employed creators and freelancers with their money has raised some of its own. This week, Able announced that it had closed a $3.2 million investment. The seed round was led by Elefund while Moonshots Capital, Next Coast Ventures, Signal Peak Ventures, and LocalGlobe also participated. With the funding,…
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Klarna Announces Strategic Partnership with Stripe
In recent months, news related to “buy now, pay later” (BNPL) platforms has been coming fast and furious. Now, one popular service is expanding its reach thanks to a massive FinTech firm. Today, Klarna announced a strategic partnership with the payment platform Stripe. As a result of the partnership, retailers that employ Stripe can now…
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Mastercard and Bakkt Extend Crypto Partnership
Last week, Bitcoin hit a new record high as interest in digital currencies continues to climb. While the asset’s price has dipped modestly since, that hasn’t dampened the outlook that various FinTechs, financial institutions, and others have for cryptocurrency. The latest example comes from Mastercard, which has just announced an expanded partnership with Bakkt. The…
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X1 Credit Card Begins Official Roll-Out
A new FinTech credit card has hit the market. Just over a year after originally opening its waitlist, the unique credit card offering X1 has officially started rolling out. According to the company, the card is now making its way to the more than 350,000 people who joined said waitlist. Billing itself as “the smartest…
