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
Stackin' Announces $12.6 Million Funding Round
Despite concerns that the FinTech deals were slowing before the pandemic and would continue to slip as a result of shifting economic conditions, news of startups investments continue to roll in. This past week, Stackin' announced that it had raised $12.6 million in a funding round led by Octopus Ventures. The Series B also brought participation from new and existing investors such as Experian Ventures, TechStars, Cherry Tree Investments, Mucker...
FinTech News
Samsung Launching Debit Card Product with SoFi
Even in our "new normal," the FinTech SoFi continues to make a splash. Not only has the company debuted several new products in recent months but has also revealed a handful of acquisitions and partnership. The latest on that latter list is Samsung. This week, the companies officially unveiled what's being dubbed "Samsung Money by SoFi." The upcoming product promises users higher-interest earning, savings and money management tools, and more...
FinTech News
Real Estate Tech Company Spruce Raises $29 Million
One recurring theme in the world of FinTech has been the ability to conduct virtual, digital transactions whereas in-person meetings were once required. While these innovations first replaced simple functions such as sending money directly to a friend or family member, they've grown to include more complex transactions, such as buying real estate. That's where the company Spruce comes in — and, this past week, the firm got a boost...
FinTech News
FinTech Numerated Announces Automated PPP Loan Forgiveness
Among the many ways that the coronavirus pandemic has changed life in America and around the world is that it's made FinTech more relevant than ever before. From contactless payments becoming a growing preference to digital banking proving essential, these innovations have been thrust into the spotlight. Similarly, while select banks struggled to handle the demand of the Paycheck Protection Program (PPP), some online outlets were able to step in,...
FinTech News
Oxygen Joins Visa’s Fast Track Program for FinTechs
Even as much of the country remains in lockdown, the financial technologies sector seems to be managing continued growth. Not only have the past few months seen major acquisitions and impressive investment rounds but they've also brought a handful of notable partnerships. Case in point: this past week, Oxygen announced that it was the latest FinTech to join Visa's Fast Track program. Oxygen is a mobile-only banking service designed for...
FinTech News
Crypto Trading Platform FalconX Raises $17 Million
Even amid continued lockdowns and economic struggles, the cryptocurrency market has been having a pretty big month. Not only has the price of Bitcoin risen to more than $9,300 but the latest "halvening" also recently occurred as the most famous crypto asset, Bitcoin, continues on towards its 21 million coin max. And then there's FalconX, which just announced a round of investments it's received. This week the company revealed that...
FinTech News
