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Varo Money Gains FDIC Approval, Nears Becoming a Real Bank

Over the past few years, several FinTech companies have introduced their own banking services — rolling out savings accounts, debit cards, or both. These products are often the result of partnerships that the startups have with one or multiple banks in order to meet regulatory requirements and provide their customers...

FinTech Startup Astra Joins Visa's Fast Track Program

For FinTech startups, speed is the name of the game. As we've seen time and time again, it's important for these firms to acquire customers as quickly as possible, with venture capital often helping fuel their race against the clock. That's where the Visa Fast Track program comes in, making...

FinTech Lender LendUp Hits $2 Billion in Loans

It seems that, every few months or so, another survey shows that the majority of Americans would be unable to cover an unexpected expense of a few hundred dollars or more. As a result, despite the best efforts of regulators, so-called "payday loans" continue to be a popular albeit expensive...

Banking API Startup Teller Raises $4 Million

While it's clear that Teller's team is feisty and hungry for a shot to complete with Plaid, the head start the latter has enjoyed will certainly be a major factor.

FinTech SoFi Announces Partnership with Mastercard

Over the past few months, the FinTech firm SoFi has been quite busy. For example last year it introduced a hybrid money management account called SoFi Money, offering high-yield interest, reimbursed ATM fees, and other perks. Now the company is looking to expand on that success, announcing a multifaceted partnership...

Apple Card Adds Ability to Export Transactions Spreadsheet

When the Apple Card launched in August of last year, it was perhaps the most high-profile example of FinTech seen to date. At the same time the card itself wasn't exactly built to play nice with other FinTech products as it offered no way for users to link their accounts...

Chime, Robinhood Top FinTech VC Investments in Q4 2019

Looking back at 2019, it's fair to say that it was a pretty good year for FinTech. From startups launching new products to major acquisitions being announced, there was plenty of news to keep up on. Of course 2019 was also a big year for investments. In fact, the latest...

Visa to Acquire FinTech Tool Plaid

Over the past few years, the FinTech Plaid has managed to make a name for itself not only with observers and investors but also with the millions of customers who use their product. At the same time many more have likely encountered Plaid and not even known it since it...