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FinTech Funding Reaches Record High in Q2 2021

FinTech is on fire! As the latest "State of FinTech" release from CBInsights notes, last quarter marked a boom for financial technology startup funding. In fact, Q2 set a new record for investment deals in the sector. According to the report, FinTech companies raised a total of $30.8 billion from...

Play2Pay Raises $13 Million for Payment Gamification Platform

What if mobile phone customers could get a discount on their service by playing games and participating in other activities? That's exactly what Play2Pay is making possible — and, now, the FinTech is bringing in money of its own, recently closing an eight-figure funding round. Miami-based start-up Play2Pay has announced that...

Apptopia Data Shows Most Downloaded Digital Banking Apps for H1 2021

These days, there's certainly no shortage of digital banking options — also known as neobanks. With many of these platforms operating primarily via mobile apps, the impact of such services can also be seen on app store rankings. On that note, a new report from Apptopia highlights the top 10...

Robinhood Officially Files for Initial Public Offering

After previously confidentially submitting a draft registration statement in March, this week, Robinhood made it official, announcing its plans to go public. The number of shares Robinhood plans to issue and the price range they'll be targeting have yet to be determined. What is known is that the FinTech will list...

Credit Sesame Adding Credit Building Abilities to Debit Card Product

For years, building credit has been a bit of a Catch-22, in that establishing credit first requires consumers to obtain credit. This reality is something that several FinTechs have taken note of, with a growing number now offering their own solutions. The latest platform to take a swing at addressing...

Digital Wealth Technology Firm Marstone Closes $5 Million Round

Even as the world of FinTech has seen its fair share of so-called "megadeals" in recent months, there have been plenty of early-round investments to be found as well. The latest in this latter category comes from Marstone, which just announced a $5 million round. The Series A was led...

FinTech Home Buying Platform Lower Raises Massive $100 Million Round

They say that good things come to those who wait. Apparently, that's true when it comes to startups as well. Today, Lower.com announced that it had raised an astounding $100 million Series A led by Accel. The round follows several years of the FinTech bootstrapping its operations, during which time...