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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Klarna Introduces More Membership Tiers with New Perks
The “buy now, pay later” (BNPL) app Klarna has launched new membership tiers that include perks ranging from media subscriptions to airport lounge access. About Klarna’s New Premium and Max Plans: This week, Klarna rolled out two new membership tier options for U.S. members: Premium and Max. These join the existing Core and Plus plans,…
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Robinhood to Demo New Features at Keynote Event This Month
Robinhood is set to give a glimpse into its future during a keynote event. About the Robinhood Presents: YES/NO Event: Later this month, Robinhood will hold its latest event and highlight its upcoming additions. CEO Vlad Tenev will take the stage at Summit Skywalker Ranch on December 16th to discuss the company’s next steps. The…
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Revolut Reaches $75 Billion Valuation with Latest Fundraising
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…
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Model ML Raises “One of The Largest FinTech Series A Rounds”
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,…
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Made Launches Essential Card for Homeowners, Raises $8 Million
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.…
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Intuit Partners with OpenAI For “Future of Financial Intelligence”
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…
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Robo-Advisor Platform Betterment Adds Self-Directed Investing
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…
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Cash App Launches Green Status, Borrow Feature, and More
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…
