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FinTech

20 of the Top FinTech Deals of 2020 (So Far) 2

by Jonathan Dyer
In the face of a global pandemic, the FinTech industry continues to thrive. From investment app and mobile wallets to insurtech and digital business tools, companies of all kinds have seen significant growth in 2020, fueled by some impressive investments. With that in mind, today we highlight 20 of the...
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Stay up to date on the latest trends in FinTech – where technology meets finance to create new market opportunities.

FinTech News
FinTech News

Acorns App Launches Job Finder Powered By ZipRecruiter

by Jonathan Dyer
Those seeking a side hustle, additional part-time job, or new career now have another resource for finding available positions. This week, the micro-investing app Acorns unveiled a new job finder tool, with listings powered by ZipRecruiter. To find this feature, users will first want to navigate to the "Earn more...
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FinTech News
FinTech News

Hack Affects "Almost 2,000" Robinhood Accounts

by Jonathan Dyer
It seems that the uber-popular trading app Robinhood has run into more issues. According to a report from Bloomberg, a hack left nearly 2,000 Robinhood accounts compromised. In some cases, those accessing the accounts sold off assets being held and transferred the funds. While Robinhood didn't offer many details on...
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Cryptocurrencies
Cryptocurrencies

Crypto Card Issuer Ternio Joins Visa's Fast Track Program

by Jonathan Dyer
Visa's Fast Track program has found its newest participant: blockchain card issuer Ternio. By partnering with Visa, Ternio says it will be able to make it even easier for other FinTechs to introduce "crypto-friendly payment experiences." This is to say that customers will be able to manage and even earn...
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FinTech News
FinTech News

Clair Raises $4.5 Million to Disrupt Payday Loans

by Jonathan Dyer
Over the past several months, there's seemingly been an uptick in venture capital funding for FinTechs who help ease financial pain points that the current pandemic has exacerbated. Take, for example, the need for those who are working to access their money quickly in order to catch up on their...
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Cryptocurrencies
Cryptocurrencies

Square Announces $50 Million Bitcoin Purchase

by Jonathan Dyer
Square has just made a major investment in cryptocurrency. The Jack Dorsey-led FinTech announced this week that it had purchased 4,709 Bitcoins. With a total price tag of $50 million (which amounts to approximately 1% of Square’s total assets as of the end Q2), this means that the company paid...
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FinTech News
FinTech News

Macy's Invests in Swedish FinTech Klarna

by Jonathan Dyer
When it comes to investment in FinTech, it's typically various venture capital firms fronting the money. However, every once in a while, a different kind of investor steps up to the plate. That's the case with Klarna, which just revealed a deal with a major U.S. department store chain. This...
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FinTech News
FinTech News

Gamified Savings Account Yotta Savings Raises $3.3 Million

by Jonathan Dyer
Can a savings accounts that come with a chance to win a lottery jackpot change the way American consumers save? That's what Yotta Savings is betting on — and now so are several venture capital firms. As Crunchbase reports, Yotta has just closed a $3.3 million seed round. In addition...
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FinTech News
FinTech News

Wirex Reaches Crowdfunding Goal in Just 90 Minutes

by Jonathan Dyer
Who needs venture capital firms anyway? Apparently not Wirex as the U.K.-based payments company easily smashed its fundraising goal using the platform Crowdcube. This morning, the startup surpassed its initial ask of £1 million ($1.28 million) in less than an hour and a half. The campaign was opened to the...
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