Home » FinTech » FinTech News » Page 20

FinTech News

Mezu Launches Digital Mastercard Debit Card

As we've documented before, one of the biggest trends in FinTech has been offering debit card products. From Square and PayPal to Stash and Acorns, each firm has taken a stab at a physical debit card their users can obtain. Now the digital payment app Mezu is throwing their hat into...

Fox Corporation Buys Majority Stake in FinTech Credible

In recent years several sectors have taken an interest in FinTech for both partnerships and investments. Still, the latest Silicon Valley deal comes from a seemingly unexpected suitor. As the Wall Street Journal reports, Fox Corporation has agreed to purchase a 67% stake in Credible Labs for $265 million. Additionally...

FinFit Announces $7 Million Funding Round

Despite concerns from some regulators that the rise of FinTech has posed a threat to consumers, the truth is that the industry has mostly been a benefit to the financial health of Americans and those around the globe. Among those leveraging financial technologies in this way is FinFit. Now the...

Robinhood Raises $323 Million for $7.6 Billion Valuation

The popular commission-free investment app Robinhood just received a major investment of their own. As CNBC reports, this week the company has announced it had it closed a $323 million Series E funding round led by DST Global with participation from Ribbit Capital, NEA, Sequoia, and Thrive Capital. What's more,...

Mobile Bank Varo Money Refiles for FDIC Insurance

For years one of the big questions surrounding FinTech is whether startups could one day become their own independent banks. Although a few companies have attempted to obtain charters of their own, they've had varying levels of success — none of which have been overwhelmingly positive. However, as Crowdfund Insider...

European FinTech N26 Launches Banking Features in the U.S.

Believe it or not, FinTech isn't just a Silicon Valley or even American phenomenon. In reality the world market is filled with startups looking to improve the financial lives of customers in their home countries and beyond. Now, as TechCrunch reports, one such overseas startup — Europe's N26 — is...

Utah Unveils FinTech Sandbox Program

Attention FinTechs: the Beehive State is calling. As Deseret News reports, this week the Utah Department of Commerce Tuesday announced the formation of a regulatory sandbox. Under this program, participants will be allowed to test various new financial products and services that would typically require a license. However these overrides...

Bank of America Introduces Digital Debit Card Option For Customers

Bank of America is introducing a new feature that will make it easier for customers to access their debit cards from their mobile phone. Now, using the Bank of America app, customers will be able to request a digital version of a new or replacement debit card. These cards can...