Category: FinTech News
FinTech News
Stilt Raises $114 Million, Launches "Credit-as-a-Service" Platform Onbo
by Fioney Staff
When looking at the FinTech industry, a recurring theme is the idea of bringing financial services to those who have traditionally been without such offerings. This includes making banking, investing, and lending products more accessible overall. Now, a startup with a focus on these very goals is raising money towards its efforts, while also rolling out a new platform that will expand its reach. This week, Stilt announced that it... FinTech News
Aspiration Partners with Lime to Support Tree Planting with Every Ride
by Fioney Staff
Those looking to zip around cities on an electric scooter will soon have a chance to make an even larger positive environmental impact thanks to a popular FinTech. Today, the neobank Aspiration announced a partnership with shared electric vehicle company Lime that will see the two companies working together to fight climate change. Now, those renting Lime vehicles will have the opportunity to fund the planting of a tree with... FinTech News
Mastercard Announces 5-Year Global Partnership with Zeta
by Fioney Staff
It looks as though we can expect plenty more credit card options from FinTech firms and neobanks in the near future. Recently, Zeta announced a five-year global partnership with Mastercard. As a result, the two companies will launch credit cards using Zeta's technology that operate on the Mastercard network. In addition to the partnership, it was also revealed that Mastercard has made a financial investment in Zeta. According to Crunchbase,... FinTech News
Healthcare Payments Startup Lynx Announces $17.5 in Funding
by Fioney Staff
Oftentimes, when consumers consider what the term "FinTech" means, they picture neobanks, budget apps, and perhaps P2P lenders. However, the industry has continued to expand, with FinTech proving to be the basis for spin-off sectors such as insurtech. — which have gained popularity among users and venture capital firms alike. Now a company that blends finances and health care has "emerged from stealth," announcing its latest investment rounds. This week,... FinTech News
DeFi Social Trading Platform Nested Raises $7.5 Million
by Fioney Staff
A DeFi platform that aims to add a social element to crypto trading has just garnered itself some investments. This week, Nested announced that it recently closed a $7.5 million round. The Series A was led by Alan Howard with Republic Capital, Kenetic Capital, CMT Digital, and a number of angel investors. Among these indivials investors were former Polychain Capital president Joseph Eagan, Earn co-founder Lily Liu, and Blackpool founder... FinTech News
Rize and MX Announce Partnership to Better Assist FinTechs
by Fioney Staff
Following a record-breaking year for the FinTech sector that saw several high-profile investment rounds, initial public offerings, and breakthroughs, 2022 has picked up where 2021 left off. However, so far, this year seems to be one filled with mergers and acquisitions, as several such deals have recently been announced. At the same time, while some startups are joining forces in more permanent ways, many others are working in tandem less... FinTech News
Neon Introduces NFT Vending Machine in New York City
by Fioney Staff
Love them or hate them, NFTs (non-fungible tokens) have exploded over the past year. However, despite the growing popularity, navigating the purchasing process remains a mystery for many — especially those not well-versed in cryptocurrency. Thus, Neon has unveiled a new solution it believes will help revolutionize the industry: an NFT vending machine. This week, Neon announced the opening of a new NFT vending location in New York City’s Financial...