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 News
HighRadius Announces $300 Million Funding Round
When it comes to FinTech, some of the most well-known companies are those that consumers interact with on a regular basis. These include the likes of Square, PayPal, SoFi, Robinhood, etc. However, it's often the startups that operate "behind-the-scenes" — such as Plaid, Stripe, and others — that actually attract the largest investments. Case in point: HighRadius, which offers AI-powered Order-to-Cash and Treasury Management software, has just closed a mega...
FinTech News
PayPal Introduces "Checkout with Crypto" Option
Over the past few months, cryptocurrencies have seen tremendous growth not only in terms of price but also in mainstream acceptance. The latest example of this comes from PayPal, which just announced the rollout of their Checkout with Crypto feature. With Checkout with Crypto, buyers will have the option to pay for their purchases using four currently-supported assets: Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. Notably, they will only be able...
FinTech News
Bitcoin Rewards Platform Lolli Raises $5 Million From VCs, Celebrities
With Bitcoin continuing to show strength (despite a few ebbs this week), another startup in the crypto space has announced a new round of investment. This week, the Bitcoin rewards platform Lolli announced that it had secured $5 million in funding. The "pre-Series A" round included participation from firms Seven Seven Six and Night Media. Additionally, celebrities including Casey Neistat, Philip DeFranco, and many other individuals participated alongside sports hero...
FinTech News
Robinhood Files Paperwork for Planned Initial Public Offering
One of the largest, most popular, and often controversial FinTechs is apparently getting ready to go public. This week, Robinhood announced that it had confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC). While this filing confirms the company's eventual plans for an initial public offering, the SEC will need to complete a review process first. In turn, the number of shares to...
FinTech News
Revolut Applies for U.S. Bank Charter
Another FinTech app has announced that it's looking to become a bank. As TechCrunch reports, London-based Revolut has filed a draft application with the California Department of Financial Protection and Innovation as well as the Federal Deposit Insurance Corporation (FDIC). If granted, the charter would allow Revolut to offer a greater number of financial services on its own. Currently, Revolut partners with Metropolitan Commercial Bank for its U.S. debit products...
FinTech News
Equity Crowdfunding Platform Republic Announces $36 Million Round
Equity crowdfunding platform Republic has just announced that it's raised $36 million in its latest funding round. The Series A was led by Galaxy Interactive while Tribe Capital, Motley Fool Ventures, and Broadhaven Ventures also participated. With the new round, Republic has now raised more than $70 million since its founding in 2016. Republic's platform allows both accredited and retail customers to invest in startups, cryptocurrency, real estate, and videos. On the site, investors can...
FinTech News
