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
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...
FinTech News
Houston's Rice University Offering FinTech Boot Camp
by Fioney Staff
With the FinTech industry continuing to expand, the sector seems poised to be a source of job growth for years to come. Just as coding has been billed as a future-ready skill, being versed in these financial technologies is also anticipated to be a benefit for workers. With that in mind, Rice University’s Glasscock School of Continuing Studies in Houston, Texas is offering a FinTech Boot Camp to teach students...
FinTech News
XYPN FinTech Competition Announces Six Finalists
by Fioney Staff
Next month, XY Planning Network will host its fourth annual FinTech Competitionn in St. Louis, Missouri. This year's event drew more than 30 applications from startups looking to improve financial services provided to Gen X and Millennial clients. Now XYPN is announcing that six of these companies have been selected as finalists for the competition. The FinTechs that will go for the gold are Altruist, Anvil, College Aid Pro, Holistiplan,...
FinTech News
Some Libra Backers Reportedly Spooked by Regulatory Scrutiny
by Fioney Staff
Back in June, following months of rumors, Facebook officially unveiled plans for the cryptocurrency Libra. In that announcement it was revealed that, while Facebook was taking the lead on the project and would also be introducing the Calibra crypto wallet, there were several partners that had signed-up to support the token at launch. However since then Libra has drawn criticism from several regulators — and the heat may be getting...