FinTech News Archives - Page 9 of 94

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.

Grasshopper app and credit card

Grasshopper Bank Raises $46.6 Million, Adds Members to Board

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...
$25M Series A raised Casap

Payment Dispute Company Casap Raises $25 Million

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,...
Cash App Pool screenshot

Cash App Introduces Pools Feature for Group Payments, Savings

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...
April Tax logo

Tax FinTech April Raises $38 Million from Returning Investors

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...
CNBC studio

CNBC Releases Annual List of Top FinTech Companies for 2025

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...
Bilt logo and Ken Chenault and Ankur Jain

Bilt Raises $250 Million, Announces "2.0" Card Line-Up

Bilt has not only announced another mega-round but also a fresh eleven-figure valuation and new expansion details. About Bilt's Latest Funding Round: Today, Bilt announced that it had reaised $250 million in new funding. Moreover, this new round values the company at $10.75 billion. The round was led by General Catalyst and GID with United Wholesale Mortage also partcipating with a $100 million investment. This follows a $150 million venture...
group of women looking at a computer

Study: Wells Fargo Scandal Helped Drive FinTech Adoption

A newly-released study from the University of California Davis finds that a scandal at a major American bank may have contributed to the rise of FinTech lenders. About the Study's Findings: According to a new study, the financial scandal involving Wells Fargo pushed some consumers toward financial technology platforms. The paper, titled "Trust as an Entry Barrier: Evidence from FinTech Adoption," was authored by UC Davis Graduate School of Management...
Acorns and Zeta logos and the Acorns app

Acorns Acquires Family Finance Platform Zeta

Acorns is adding a fellow FinTech app's assets to its platform. About the Acquisition: Recently, Acorns announced that it had acquired the app Zeta. As a result of this transaction, Zeta cofounders Kevin Hopkins and Aditi Shekar have joined the Acorns team. Financial details about the acquisition were not disclosed. As Acorns notes, this marks the company's fifth strategic acquisition in less than two years — with many of these deals...
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2025 SoFi Checking and Savings Review

 Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. That was later sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind is SoFi’s acquisition of Golden Pacific...
Travelers with two Best Western Credit Cards

Best Western Debuts Two New Rewards Credit Cards

After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation

Marriott Bonvoy Bold Card Launches Travel Contest

Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
PayPal Debit Card app

PayPal Debit Card Review: Earn Stackable 5% Cash Back

In recent weeks, PayPal debuted an updated debit card product (perhaps you've seen the incessant Will Ferrell commercials for it during football games?). With the launch of this card, the company known for online payments is encouraging customers to pay with them anywhere. To encourage such behavior, the debit card allows cardholders to earn 5% cashback — although, as you can imagine, there are some important restrictions on that. So,...