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
Robinhood Set for Second Annual HOOD Summit Next Month
by Kyle Burbank
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
Tax-Efficient Diversification Service Cache Raises $12.5 Million
by Kyle Burbank
The San Francisco-based FinTech Cache has announced a new round of funding. About the Funding: Cache has announced that it's raised $12.5 million. The Series A was led by Bill Trenchard at First Round Capital, joined by a variety of solo investors. With this latest funding, the startup has now raised a total of $26.8 million, including an $8.5 million seed round last year (also led by First Round). As...
FinTech News
Grasshopper Bank Raises $46.6 Million, Adds Members to Board
by Kyle Burbank
A digital full-service bank built for small businesses has raised a new round of funds while adding to its Board. About the Raise: Recently, Grasshopper Bank has announced $46.6 million in new funding. The round was led by Patriot Financial Partners LP while Glendon Capital Management also participated. To date, Grasshopper has now raised $218.8 million, including a $10.6 million equity round last year. Also included in that total is...
FinTech News
Payment Dispute Company Casap Raises $25 Million
by Kyle Burbank
A FinTech specializing in payment dispute automation has raised a new round of funding. About the Round: This week, Casap announced that it had raised $25 million. The Series A was led by Emergence Capital, while Lightspeed Venture Partners, Primary Venture Partners, and SoFi also participated. To date, Casap has now raised a total of $33.5 million, including a $7 million Seed Round (led by Lightspeed) last year. As Casap notes,...
FinTech News
Cash App Introduces Pools Feature for Group Payments, Savings
by Kyle Burbank
Cash App has launched a new feature that makes it even easier for friends and family to contribute to a shared payment or savings goal. About Cash App Pools: Whether they're going in on a shared gift or saving up for a group vacation, Cash App users can now use a Pool function on the platform. With this feature, an organizer can create a shared Pool and solicit contributions from...
FinTech News
Tax FinTech April Raises $38 Million from Returning Investors
by Kyle Burbank
The embedded tax platform startup April has revealed a new round of funding. About the Round: This week, April announced that it had raised a new $38 million round. The Series B was led by QED Investors, Nyca Partners and Team8 also participated. All three firms are returning investors. To date, the company has now raised $78 million, including a $30 million Series A in 2022 and a $10 million...
FinTech News
CNBC Releases Annual List of Top FinTech Companies for 2025
by Kyle Burbank
CNBC and Statista have compiled their annual list of the top FinTech companies around the globe. About the List and Report: Once again, CNBC has teamed up with Statista to not only look at the current state of the financial technologies sector but also highlights the top companies in the field. The list of 300 was derived from research conducted by Statista, while CNBC editorial input was also considered. FinTechs...