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OnDeck Spinoff Company to Create FinTech Lending Solutions for Banks

This week FinTech lender OnDeck announced that it was spinning off a new company that will bring online small business lending solutions to banks. Known as ODX, the software as a service (or "SaaS") operation will partner with institutions in order to offer their customers small business loans. This includes allowing the...

Square Introduces Square Installments Option for Financing Purchases 1

FinTech firm Square announced this week that is was launching a new product that will make it easier for merchants to offer customers financing on large purchases. Dubbed Square Installments, the company says it's hoping this new feature will help small businesses make more sales and allow them to better compete...

Bank of America Adds One-Tap Investing Access to Mobile App

In a 21st century upgrade that Senator Glass and Congressman Steagall would sure shake their heads at, Bank of America has unveiled new features that make it easier for banking customers to access their investments via a streamlined app experience. Now, instead of needing to log into the Merrill Lynch app...

Acorns Launching "Money Lab" to Find Financial Wellness Solutions 2

If you follow FinTech, there's a good chance you've heard of the micro-investing app Acorns. Using painless savings methods such as their "Round Ups" feature, Acorns aims to make investing easy and help its users to improve their finances Now the company is looking to further that goal with the launch...

FinTech App Robinhood Eyeing Initial Public Offering

2018 has been a pretty good year for the stock trading app Robinhood. Earlier this year the company introduced Robinhood Crypto, allowing users to buy and sell various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and others. Additionally the app recently introduced support for options trading. Now, speaking at TechCrunch Disrupt SF, Robinhood CEO Baiju...

Bitcoin, Other Cryptos Get Hit on Bad News

The rollercoaster experience that comes with cryptocurrencies seems to be in full effect this week, with Bitcoin and others falling significantly. In less than 24 hours, $BTC plunged from a high of around $7,380 to a low of nearly $6,400. Notably that puts the currency below the $7,000 mark, which as...