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
Blast to Debut "Game-Based Savings" App for iOS at TwitchCon
by Fioney Staff
These days there seems to be some big money in gaming. From Twitch streamers who can monetize with ads and sponsorships to tournaments where victors can take home massive purses, there are plenty of gamers who dream of hitting it rich. Unfortunately the majority will never reach such heights. However, with the app Blast, they can at least start using their gaming prowess to save money. Blast is an automated...
FinTech News
Barclays, Anthemis to Create Female Innovators Lab for FinTechs
by Fioney Staff
Among the many things that Silicon Valley is often criticized for is that many successful startups are seen as "boy's clubs." In many cases this same label extends to FinTech firms as well. Now Barclays and Anthemis are teaming up in an attempt to change that. This week the two companies announced that they would be co-launching a studio for female entrepreneurs in the world of FinTech. The Female Innovators...
FinTech News
France and Germany Move to Block Facebook's Libra
by Fioney Staff
When Facebook first unveiled official plans for the cryptocurrency Libra, there was certainly excitement from some circles. Unfortunately regulators haven't been quite as thrilled, with many jurisdictions sharing their concerns and questions. Now two European countries are taking things one step further, announcing that they'll move to block the digital asset altogether. According to Reuters, both France and Germany have agreed to ban Libra. In a statement from the two...
FinTech News
Square's Cash App Reportedly Looking to Offer Stock Trading
by Fioney Staff
Among many small business owners and patrons, Square is known for their point of sale interface and — before that — their card readers that allowed smartphones to become cash registers. While those are still cored products, the company has frequently expanded into other areas of FinTech. This includes their peer to peer payments app known as Cash. Now it looks like Square will expand the scope of Cash by...
FinTech News
Dwolla Partners with Currencycloud to Enable International Payments
by Fioney Staff
These days entrepreneurs are no longer limited to their own geographic regions. Instead the Internet makes it possible to sell to customers around the world. At the same time these transactions can be complicated due to differing currencies and payment platforms. That's why two FinTechs — Dwolla and Currencycloud — have announced a new partnership that will hopefully help change that. The cooperation between Dwolla and Currencycloud will make it...
FinTech News
FinTech Giant Stripe Launches Stripe Capital
by Fioney Staff
For years Stripe has been one of the largest names in FinTech. With a valuation of $22.5 billion, the payments company is more than a unicorn — it's a behemoth. However that doesn't mean it's done growing yet. This week the company announced it was expanding into small business lending with the launch of Stripe Capital. One of the biggest benefits Stripe is pushing with the lending options is speed....
FinTech News
SoFi Invest Adds Support For Crypto Trading
by Fioney Staff
To the surprise of just about no one, the cryptocurrency ride continues to be a bit wild in 2019. Just this week or so the price of Bitcoin managed to fall below the important $10,000 level only to rebound a few days later. Nevertheless the growing popularity of crypto has various companies looking to make Bitcoin and others easier for everyday people to purchase and sell. In that vein, today...