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
Robinhood to Bring Private Company Exposure to Retail Investors
Robinhood is continuing its mission to democratize finance with the impending launch of Robinhood Ventures. About Robinhood Ventures Fund: This week, Robinhood announced its intent to launch Robinhood Ventures Fund I (RVI). The brokerage has taken the first step toward launch by filing an initial registration statement on Form N-2 with the Securities and Exchange Commission. Once approved, RVI will be a closed-end fund intended to give retail customers a...
FinTech News
FinTech Brokerage App Robinhood to Join S&P 500
The popular (and occasionally controversial) stock trading app Robinhood is set to join the iconic Standard and Poor's 500 (S&P 500) index. About Robinhood's Addition to the S&P 500: Effective at the opening of trading on Monday, September 22nd, Robinhood will officially be included on the S&P 500. This coincides with the index's quarterly rebalance. Robinhood's arrival on the index comes as Caesars Entertainment — known for its Las Vegas destinations...
FinTech News
SoFi Introduces New Agentic AI ETF
The FinTech bank SoFi is launching another new exchange-traded fund (ETF). About the SoFi Agentic AI ETF: This week, SoFi announced the debut of an Agentic AI ETF. The ETF will list on the New York Stock Exchange under the ticker symbol $AGIQ. As with other ETFs, this means that investors can purchase shares of AGIQ regardless of whether or not they're using the SoFi Invest platform. The SoFi Agentic...
FinTech News
Revolut Reportedly Considering U.S. Lender Acquisition
The United Kingdom-based neobank Revolut is reportedly eyeing a few different options for further expansion in the United States. About Revolut's Reported Plans: According to Bloomberg, Revolut is looking at the possibility of acquiring a U.S. lender. The FinTech is said to be exploring the idea of hiring investment bankers to advise them on such a purchase. One factor that's apparently giving Revolut pause on this plan is whether or...
FinTech News
Personal Finance App Fruition Adds Zero-Based Budgeting Feature
A personal finance tool is bringing a new budgeting feature to its platform. About Fruition and the New Feature: This week, Fruition announced that it was adding a zero-based budget tool to its service. The new feature is now available to all Fruition members. With this Budget tool, users can first link their accounts to get real-time transaction data and balance updates. From there, they can create a custom budget...
FinTech News
Robinhood Set for Second Annual HOOD Summit Next Month
The investment platform Robinhood is preparing for another HOOD Summit — and will launch special offers leading up to the event. About HOOD Summit and HOOD Month: Recently, Robinhood announced plans for a sequel edition of its HOOD Summit. This year's event will be held in Las Vegas, Nevada on September 9th and 10th. At the conference, those in attendance will be able to hear from speakers including Robinhood executives...
FinTech News
