Category: FinTech News
FinTech News
Intuit Announces TurboTax Integration in Credit Karma
by Kyle Burbank
With Tax Season ramping up, Intuit has announced a new TurboTax integration for the popular Credit Karma platform. About the integration: Intuit is bringing TurboTax into Credit Karma. As a result, customers will be able to file their 2023 taxes using the TurboTax platform via the Credit Karma interface. In some cases, this includes the ability to file for free. Additionally, those who do file with TurboTax and are due... FinTech News
FinTech Brokerage Webull Launches in Canada
by Kyle Burbank
The popular brokerage app Webull is expanding up north. About Webull's entry into Canada: Kicking off the new year, Webull has announced its official launch in Canada. This comes after the firm initially gained operating authorization in November of last year. Now, Canadian customers can trade both Canadian and U.S. stocks and ETFs. According to Webull's site, the ability to trade U.S. options is also "coming soon." Although the U.S.... FinTech News
Impact Karma Raises $5.5 Million Seed Round
by Kyle Burbank
Another environmentally-focused FinTech has raised a new round of funding. About the round: Impact Karma has announced a $5.5 million seed round. As Triangle Inno reports, the round included investments from 37 firms — although they were not specified. The site also notes that, according to a securities filing, the startup anticipates that the round will reach $7.2 million. Prior to this round, Impact Karma had raised capital via three... FinTech News
Claim App Announces $4 Million Seed Round
by Kyle Burbank
A FinTech that combines cashback and social media has raised a new round of funding. About the round: Startup Claim has announced that it raised $4 million. The seed round was led by Sequoia Capital and joins a previously unannounced $2 million pre-seed round led by Susa Ventures and BoxGroup. Other Claim investors include 6th Man Venture, Reflexive Capital, A* Capital, GSW Ventures, The Kraft Group, Theia, Luke deWilde, and... FinTech News
Future Raises $6.5 Million, Acquires Fan Rewards
by Kyle Burbank
A FinTech focused on helping the environment while rewarding customers has announced two big developments: a fresh round of venture capital and an acquisition. About the round and acquisition: This week, the climate-centric startup Future announced it had raised $6.5 million. The Series A funding came from new and returning investors — although participants were not specified. To date, the company has now raised $11.8 million including its 2022 seed... FinTech News
Visa Announces Expansion of FinTech Fast Track Program
by Kyle Burbank
Visa has announced some updates to its FinTech Fast Track program for startups. About the expansion: This week, Visa revealed that it would expand its FinTech Fast Track program, taking it beyond card issuance. Now, participants will also have access to Visa Direct — a "real-time money movement platform." On top of that, the company will increase support for Fast Track startups via Visa Consulting & Analytics. With access to... FinTech News
SellersFi Credit Facility and Equity Round
by Kyle Burbank
SellersFi has announced a number of updates, including a credit facility, equity investment round, and more. About the round and investments: This week, SellersFi made a trio of announcements. First, the company revealed that it closed a debt facility with Citi and Fasanara Capital. Specifically, Citi will provide the senior capital with Fasanara providing junior capital. While this facility is for $135 million, it has the potential to grow up...