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FinTron Announces Partnership with LendingClub Bank

Over the past few years, several FinTech firms have taken a stab at building a better banking account. In many cases, these startups are able to tailor the banking experience to better serve a specific type of customer. Yet, these bold ideas cannot become reality without the help of a...

SoFi Introduces New Weekly Dividend ETF $WKLY

Over the past few years, SoFi has continually kept things interesting by debuting new features and products at a rapid clip. Now they’re at it again, adding another exchange traded fund to its line-up. This week, SoFi introduced its latest ETF: the SoFi Weekly Dividend ETF ($WKLY). With this ETF,...

Mastercard Names Six Startups for Latest Start Path Accelerator

Mastercard's award-winning Start Path program is ready for its next round. This week, Mastercard announced the latest six FinTechs that will participate in its accelerator. These startups include: Asante Financial ServicesCledaraJifiti Moeda Seeds SpenDebt's Tippy Launched in 2014, the Start Path program has previously helped more than 250 startups develop their products and...

Splitwise Announces $20 Million Funding Round

One universal pain point that's long plagued such activities as dining out or traveling with friends is splitting the expenses. Despite there now being several tools consumers can use to quickly pay back their loved ones, asking for those funds can still be an awkward experience. Now, the startup Splitwise...

Till Launches Family Financial Platform with $5 Million in Funding

Another FinTech that seeks to help parents teach children about money is ready to welcome new users. This week, the family-centric banking platform Till announced that the platform was now available to all, while also revealing that they'd raised more than $5 million for the launch. Those who have contributed...

Mastercard to Acquire Ekata for $850 Million

Just a few months after Mastercard completed its purchase of the FinTech firm Finicity, the company is looking to make another buy. This morning, Mastercard announced plans to acquire the identity verification platform Ekata for $850 million. The transaction is subject to regulatory review but is expected to close within...

American FinTech Council Now Has More Than 75 Members

Last month, the Marketplace Lending Association and the Online Lending Policy Institute announced that they would be merging to form the American FinTech Council (AFC). In doing so, one of the stated goals of the group was to assemble an even larger coalition of banks and financial services companies. It seems...

Automated Identity Verification Tool Veriff Raised $69 Million

One of the major challenges inherent to the FinTech sector involves regulation. While many startups aim to offer an easy and seamless experience to users, there are still several important steps they need to take in order to onboard customers while remaining compliant. This includes verifying the identity of applicants...