Category: FinTech News
FinTech News
FinTech Money View Nears Unicorn Status with $75 Million Round
by Fioney Staff
An India-based FinTech is closing out the year by announcing its second significant funding round of 2022. As TechCrunch reports, Money View has raised a $75 million round. The Series E was led by Apis Partners with existing investors Tiger Global, Winter Capital, and Evolence also participating. However, Money View notes that the round is not yet closed and it expects to add to this latest total. This follows a... FinTech News
Apex, Unifimoney Partner for Community Bank Investment Services
by Fioney Staff
Two FinTech firms are joining forces in a bid to bring more financial services to smaller traditional banks and institutions. Recently, Apex FinTech Solutions and Unifimoney announced a partnership that will bring new services to customers of community banks and credit unions. Together, the companies will allow those institutions to offer investment services to account holders. These offerings could include Robo Advisory as well as stock and ETF trading. Apex... FinTech News
FinTech Future Partners with Volkswagen for Carbon Calculator
by Fioney Staff
In a bit of surprising news, a growing financial technologies startup has announced a partnership with a major auto manufacturer. This week, Future announced a collaboration with Volkswagen. According to Future, VW will be employing the company's Electric Vehicle Calculator on its website to help customers measure the carbon impact of driving. Specifically, the tool will allow drivers to see how their carbon emissions will be lowered by switching from... FinTech News
Robinhood Introduces Crypto Learn and Earn Feature
by Fioney Staff
Amid continued bad news in the realm of cryptocurrencies, a popular FinTech app is moving forward with a new feature that will provide customers with more education about certain assets. Recently, Robinhood launched its Learn and Earn program. With this feature, users will be able to dive into the details of certain crypto assets and systems. In return for doing so, they'll receive some of that asset to be added... FinTech News
Pocketnest Raises Fresh $2.6 Million Funding Round
by Fioney Staff
A platform that seeks to educate users about financial topics has closed its second funding round in 2022. This week, Pocketnest announced that it had raised $2.6 million. The latest seed round was led by Reseda Group and follows a $2 million round the company raised earlier this year. To date, Pocketnest has now raised nearly $5 million. According to the FinTech, these funds will support a 24-month runway and... FinTech News
Galileo Introduces BNPL Virtual Card Solution for Banks, FinTechs
by Fioney Staff
With the popularity of "buy now, pay later" platforms continuing to rise, the FinTech API provider Galileo has announced new functionality that will give banks and FinTechs an easy way to jump aboard the train. As the company explains, this new feature will enable institutions to issue single-use virtual cards for the purpose of buy now, pay later financing. This will allow banks and FinTechs to enter the growing BNPL... FinTech News
AllWork Raises $4.9 Million From FINTOP Capital
by Fioney Staff
A FinTech focused on freelancer payroll has closed a significant early-round investment. This week, AllWork announced that it had raised a $4.8 million round. The Series A was led by Nashville-based FINTOP Capital with no other participants. As a result of the transaction, FINTOP's Chris Haley and Rick Holton will join AllWork's board of directors. Previously, AllWork closed a $3.8 million seed round in 2019, bringing their to-date funding total to $8.7...