FinTech News Archives - Page 6 of 94

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.

Revolut logo and credit card
FinTech News

Revolut Reaches $75 Billion Valuation with Latest Fundraising

by Kyle Burbank
The London-based neobank Revolut has announced a new valuation milestone. About Revolut's Fundraising and Valuation: This week, Revolut revealed the completion of its latest fundraising process. While the FinTech did not state how much was raised, it did state the share sale gave the company a valuation of $75 billion. For context, it was valued at $45 billion last year and at $5.5 billion after a Series D back in...
Model ML founders
FinTech News

Model ML Raises "One of The Largest FinTech Series A Rounds"

by Kyle Burbank
An AI automation platform for financial services has raised what they describe as one of the largest FinTech Series A rounds in history. About Model ML's Funding Round: This week, Model ML revealed that it had raised $75 million. The Series A was led by FT Partners with participation from Y Combinator, QED, 13Books, Latitude, and LocalGlobe. To date, the company has now raised $87.5 million, including a $12 million...
Made Visa Card with a family in the background
FinTech News

Made Launches Essential Card for Homeowners, Raises $8 Million

by Kyle Burbank
The homeowners' rewards credit card market is heating up as a new competitor has launched following a successful Seed round. About Made's Seed Round: Made, a FinTech intent on helping homeowners "save time, money, and stress" has announced $8 million in new funding. The "oversubscribed" seed round was co-led by Jump Capital and Village Global. Additionally, Made is partnering with Fairway Home Mortgage Corporation to make the Made Essential Visa...
Intuit and OpenAI logos
FinTech News

Intuit Partners with OpenAI For "Future of Financial Intelligence"

by Kyle Burbank
FinTech giant Intuit has announced a partnership with OpenAI — the company behind ChatGPT. About the Intuit-OpenAI Partnership Today, Intuit (which owns TurboTax, Credit Karma, QuickBooks, and Mailchimp) revealed a new strategic partnership with OpenAI. Together, the companies plan on creating "the future of Financial Intelligence" by integrating AI technology into Intuit products, while also making a money insight tool available to customers. As Intuit notes, ChatGPT is regularly asked...
Betterment self directed investing screenshots
FinTech News

Robo-Advisor Platform Betterment Adds Self-Directed Investing

by Kyle Burbank
A company known for its robo-advisory tools is mixing it up by bringing self-directed investment options to the service. About Betterment's Self-Directed Investment Platform: Betterment is bringing self-directed investing to its platform. Now, customers can trade thousands of stocks and ETFs without paying commission fees. This comes as the company says three-quarters of its customers have self-directed brokerage accounts elsewhere. One feature included in the self-directed trading platform is Tax...
Cash App on phone illustration
FinTech News

Cash App Launches Green Status, Borrow Feature, and More

by Kyle Burbank
The popular peer-to-peer payments tool Cash App has unveiled a slate of updates and features, including a new loan product. What's New with Cash App: Today, Cash App officially announced 11 new features and updates. In fact, the company describes this as its "most significant product expansion to date." First up, the service revealed Cash App Green. Now, customers who either spend at least $500 per month using their Cash...
Venmo 5% with a mix of logos
FinTech News

Venmo Introduces Stash Rewards Program for Debit Cards

by Kyle Burbank
Venmo is reinventing its debit card rewards, allowing cardholders to earn up to 5% back. About Venmo Stash Rewards: This week, Venmo announced its new Venmo Stash program. With this unique debit card rewards offering, customers will be able to earn up to 5% back on purchases from popular brands — with their rewards rate increasing as they deepen their Venmo relationship. First, cardholders can earn 1% cashback on purchases...
Cylerity management team
FinTech News

Healthcare FinTech Cylerity Raises $28 Million in Capital

by Kyle Burbank
A FinTech focused on improving healthcare payments has raised a new round of funding. About Cylerity's Funding Round: Recently, Cylerity announced a total of $28 million in new funding. This includes a $4 million seed round and a $24 million debt facility. The "over-subscribed" equity portion of the round was led by HealthX Ventures, with C2 Ventures, Upstream Ventures, Wisconsin Investment Partners, and Tundra Angels also participating. First Business Bank established the debt facility....
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Checking Account Review

2025 SoFi Checking and Savings Review

by Kyle Burbank
 Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. That was later sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind is SoFi’s acquisition of Golden Pacific...
Travelers with two Best Western Credit Cards
Credit Card News

Best Western Debuts Two New Rewards Credit Cards

by Kyle Burbank
After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation
Credit Card News

Marriott Bonvoy Bold Card Launches Travel Contest

by Kyle Burbank
Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos
Credit Card News

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

by Kyle Burbank
Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
PayPal Debit Card app
Checking Account Review

PayPal Debit Card Review: Earn Stackable 5% Cash Back

by Kyle Burbank
In recent weeks, PayPal debuted an updated debit card product (perhaps you've seen the incessant Will Ferrell commercials for it during football games?). With the launch of this card, the company known for online payments is encouraging customers to pay with them anywhere. To encourage such behavior, the debit card allows cardholders to earn 5% cashback — although, as you can imagine, there are some important restrictions on that. So,...