FinTech News Archives - Page 23 of 72

Category: FinTech News

Kasheesh logo

Split Payment Platform Kasheesh Launches as Alternative to BNPL

In recent months, "buy now, pay later" (BNPL) platforms have exploded in popularity. What's more, with Apple jumping into the space, the practice is likely to continue growing despite some concerns in regards to how BNPL services impact consumers' personal finances. With that in mind, one FinTech has just revealed its alternative: a payment-splitting platform for online retail. Today, Kasheesh exited stealth mode to announce the launch of its unique...
Brex app on phones

Brex Pivots Away From Small Business Customers, Toward Startups

A FinTech on the rise has announced a major shakeup that will see them actively repelling many current customers. Last week, Brex revealed that it was moving away from serving general small businesses and would instead refocus its platform to serve startups — specifically those who have already received venture capital or other funding. The company has already been sending emails to affected customers, informing them that their accounts will...
Paydownhero debit card

FinTech App Paydownhero Announces Upcoming Gas Rewards Debit Card

A FinTech app that aims to help drivers pay down their car loan balances by rounding up their everyday purchases is set to expand into the world of debit cards. This week, Paydownhero announced plans for their Paydown Rewards Card. Using this option, customers will not only earn rewards at the pump but will also receive boosts on their roundups, allowing them to pay off their cars even faster. The...

Abra Announces Crypto Card to Operate on American Express Network

Despite a recent rash of bad news, crypto-centric startups are continuing to press forward. Among them, the trading platform Abra just announced plans to launch a crypto rewards credit card. What's more, in a twist from other offerings, this product will be an American Express card. According to Abra, their upcoming card will earn crypto back on any purchase category. These crypto rewards will then be tradable, allowing users to...
PayPaly Crypto Wallet Transfers

PayPal Adds Support for External Cryptocurrency Wallet Transfers

Back in October 2020, PayPal made headlines by adding cryptocurrency trading to its immensely popular platform. Then, in March of last year, the company expanded its efforts by introducing Checkout with Crypto — a feature that allowed PayPal users to easily pay for purchases using supported crypto assets. Now, the service is doubling down once again, adding the ability for customers to send and receive coins using external wallets. In...
Apple Pay Later screenshot

Apple Officially Announces "Apple Pay Later" BNPL Service

Apple may not be a traditional FinTech, but once again it's about to expand its financial technology bonafides. After previously launching its own mobile wallet, credit card, and more, the company is now set to enter the "Buy Now, Pay Later" (BNPL) market. At this year's Worldwide Developer's Conference, Apple unveiled its upcoming feature Apple Pay Later. Like many other BNPL options, Apple Pay Later will allow customers to make...
blockchain

Gemini Founders Declare "Crypto Winter," Announce Staff Downsizing

Recent weeks have not been kind to the cryptocurrency market. With Bitcoin trading at around $30,000 per coin, its value is about half of record highs. Similarly, prices for other assets have tumbled as well. In turn, several companies in the crypto space have reported lower earnings. Now, Gemini founders Cameron and Tyler Winklevoss have announced staff layoffs amid what they're called a "crypto winter." In a blog post, the...
Viola founder

Viola Credit Closes $700 Million Fund That Will Lend to FinTech Startups

A global alternative credit asset manage firm just raised a lot of money in hopes of partnering with financial startups. Viola Credit announced the closing of a $700 million fund. The fund — known as Viola Credit Alternative Lending Income Fund II — will focus on offering asset-based lending capital solutions to FinTechs, including those in the PropTech (property tech) and Insurtech spaces. Specifically, Viola plans to partner with startups in...
The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox

A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...
Chase Freedom Flex card

Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories: Amazon.com, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...
H-E-B and Central Market  credit cards

Imprint Launches Credit Cards from H-E-B and Central Market 

The FinTech Imprint is partnering with the popular Texas-based grocery chain H-E-B for a pair of new rewards credit cards. This week saw the launch of the H-E-B Visa Signature Credit Card as well as the Central Market Visa Signature Credit Card. With these two (nearly identical) options, customers will be able to earn rewards on groceries and beyond. First, both versions of the card earn up to 5% back on select...