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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Data Shows Majority of Bitcoin Owners are Holding at a Profit
After a strong run early in 2021, several cryptocurrencies have since fallen on hard times. In the case of Bitcoin, the asset is now trading for nearly half of its record highs seen just a few short months ago. Nevertheless, the current value is still far ahead of where Bitcoin had been prior to 2020.…
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Custom Credit Card Firm Cardless Announces $40 Million Funding Round
A FinTech that helps brands create their own custom credit card offerings has just closed a major investment round. This week, Cardless announced that it has raised $40 million. The Series B was led by Activant Capital while previous investors such as Accomplice and Pear VC also participated alongside a few individuals. Since launching in…
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Visa: $1 Billion Spent Via Crypto-Linked Cards in 2021 So Far
The age of cryptocurrency debit and credit cards is apparently upon us. According to Visa, the company is currently working with 50 cryptocurrency platforms on card programs. These cards will make it easier for consumers to convert and spend crypto with the more than 70 million merchants worldwide that accept Visa. As a result, the…
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Apptopia Data Shows Most Downloaded Digital Banking Apps for H1 2021
These days, there’s certainly no shortage of digital banking options — also known as neobanks. With many of these platforms operating primarily via mobile apps, the impact of such services can also be seen on app store rankings. On that note, a new report from Apptopia highlights the top 10 digital banking apps in terms…
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Robinhood Officially Files for Initial Public Offering
After previously confidentially submitting a draft registration statement in March, this week, Robinhood made it official, announcing its plans to go public. The number of shares Robinhood plans to issue and the price range they’ll be targeting have yet to be determined. What is known is that the FinTech will list on the Nasdaq under the…
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Credit Sesame Adding Credit Building Abilities to Debit Card Product
For years, building credit has been a bit of a Catch-22, in that establishing credit first requires consumers to obtain credit. This reality is something that several FinTechs have taken note of, with a growing number now offering their own solutions. The latest platform to take a swing at addressing this issue and leveling the…
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Digital Wealth Technology Firm Marstone Closes $5 Million Round
Even as the world of FinTech has seen its fair share of so-called “megadeals” in recent months, there have been plenty of early-round investments to be found as well. The latest in this latter category comes from Marstone, which just announced a $5 million round. The Series A was led by Amerant Bancorp, which ponied…
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FinTech Home Buying Platform Lower Raises Massive $100 Million Round
They say that good things come to those who wait. Apparently, that’s true when it comes to startups as well. Today, Lower.com announced that it had raised an astounding $100 million Series A led by Accel. The round follows several years of the FinTech bootstrapping its operations, during which time they’ve managed to see $300…
