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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Gemini Becomes Latest Crypto Platform to Support Dogecoin
A dog coin that started as a joke but has grown increasingly real has just received another booster as it rockets “to the moon.” This week, Gemini announced that it was adding Dogecoin to its trading platform, allowing customers to buy, sell, and hold the popular asset. Doge now joins the more than 40 cryptocurrencies…
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Splitwise Announces $20 Million Funding Round
One universal pain point that’s long plagued such activities as dining out or traveling with friends is splitting the expenses. Despite there now being several tools consumers can use to quickly pay back their loved ones, asking for those funds can still be an awkward experience. Now, the startup Splitwise has earned an investment to…
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Gemini Announces Details on Upcoming Crypto Credit Card
Earlier this year, the cryptocurrency exchange platform Gemini opened the waitlist for its planned crypto rewards credit card. Since then, a reported 140,000 people have joined said list. In turn, Gemini has now revealed more details on the products, including the rewards multipliers and some clever elements that make it unique. In terms of rewards,…
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Till Launches Family Financial Platform with $5 Million in Funding
Another FinTech that seeks to help parents teach children about money is ready to welcome new users. This week, the family-centric banking platform Till announced that the platform was now available to all, while also revealing that they’d raised more than $5 million for the launch. Those who have contributed to Till’s funding include Elysian…
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WeWork to Begin Accepting Cryptocurrencies for Payment
After a relatively steady climb in recent months, the cryptocurrency market is back to its volatile ways. Between Dogecoin’s rapid rises and Bitcoin’s flash crashes, some investors may be reminded why they avoided the asset class in the first place. Nevertheless, the acceptance of crypto is continuing to grow, with WeWork now joining the list…
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Mastercard to Acquire Ekata for $850 Million
Just a few months after Mastercard completed its purchase of the FinTech firm Finicity, the company is looking to make another buy. This morning, Mastercard announced plans to acquire the identity verification platform Ekata for $850 million. The transaction is subject to regulatory review but is expected to close within the next six months. Additionally,…
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American FinTech Council Now Has More Than 75 Members
Last month, the Marketplace Lending Association and the Online Lending Policy Institute announced that they would be merging to form the American FinTech Council (AFC). In doing so, one of the stated goals of the group was to assemble an even larger coalition of banks and financial services companies. It seems as though that is indeed…
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Coinbase Makes Its Nasdaq Debut as Crypto Surges
As cryptocurrencies continue to make their way towards mainstream acceptance, one major crypto-centric company is making a splash on Wall Street. This afternoon, Coinbase successfully went public, with its stock now listing on the Nasdaq under the ticker symbol $COIN. According to CNBC, the platform opened at $381 a share — well ahead of its…
