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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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…
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Eco Raises $26 Million in Latest Investment Round
With cryptocurrencies and blockchain continuing their march into the mainstream, venture capitalists are taking notice of startups utilizing these technologies in new and interesting ways. Recent weeks and months have brought a flurry of investments to their firms. The latest in this line is Eco, which has just revealed an eight-figure funding round. This week,…
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BlockFi Announces $350 Million Funding Round
With Bitcoin and other cryptocurrencies continuing to show strength, FinTechs that make such assets more accessible or who utilize them in interesting ways are seeing impressive growth as well. In turn, recent weeks have brought significant investments to such firms. The latest example of this trend is BlockFi, which just revealed an impressive funding round.…
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Bitcoin Investment Strategies Firm NYDIG Raises $200 Million
With the cryptocurrency market continuing to grow, another FinTech that specializes in the space is seeing a major investment. This week, NYDIG announced that it had raised $200 million in investments from strategic partners. Described as a “growth capital round,” the raise was led by Stone Ridge Holdings Group, Morgan Stanley, New York Life, MassMutual,…
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American FinTech Council Forms to Highlight Financial Inclusion, Transparency
As various financial technologies have grown in recent years, so has regulatory scrutiny. What’s more, among several well-intentioned startups, some bad actors have given the online lending and greater FinTech industries bad names at times. To combat this, some companies have banded together in order to help influence any regulations that may come down the…
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Varo Bank Debuts Credit-Building Varo Believe Program
Among the numerous trends observed across the FinTech industry in recent years, one of the most impactful has involved credit. From creating lending solutions that rely less on traditional credit scores to introducing new ways for consumers to improve their credit standing, several startups are doing what they can to change the very dynamics of…
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Upcoming BlockFi Credit Card Announces Additional Crypto Benefits
Late last year, BlockFi garnered headlines when it opened the waitlist for its Bitcoin Rewards Credit Card. At the time, the company announced that the BlockFi Credit Card would offer 1.5% cashback (paid out in the form of Bitcoin) on everything they buy in addition to a one-time Bitcoin bonus equal to $250 once they…
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Brex Becomes Latest FinTech to Apply for Bank Charter
For years, several FinTechs have considered or actually applied to open a bank of their own. The latest in this line is Brex. According to a Brex press release, the company has submitted an application with the Federal Deposit Insurance Corporation (FDIC) as well as the Utah Department of Financial Institutions (UDFI) to establish Brex…
