Category: FinTech News
FinTech News
Klarna Announces Strategic Partnership with Stripe
by Fioney Staff
In recent months, news related to "buy now, pay later" (BNPL) platforms has been coming fast and furious. Now, one popular service is expanding its reach thanks to a massive FinTech firm. Today, Klarna announced a strategic partnership with the payment platform Stripe. As a result of the partnership, retailers that employ Stripe can now add Klarna as one of the preferred payment methods without any additional application or onboarding... FinTech News
Mastercard and Bakkt Extend Crypto Partnership
by Fioney Staff
Last week, Bitcoin hit a new record high as interest in digital currencies continues to climb. While the asset's price has dipped modestly since, that hasn't dampened the outlook that various FinTechs, financial institutions, and others have for cryptocurrency. The latest example comes from Mastercard, which has just announced an expanded partnership with Bakkt. The partnership will allow Mastercard to offer Crypto-as-a-Service. In turn, this will enable Mastercard partners to provide... FinTech News
X1 Credit Card Begins Official Roll-Out
by Fioney Staff
A new FinTech credit card has hit the market. Just over a year after originally opening its waitlist, the unique credit card offering X1 has officially started rolling out. According to the company, the card is now making its way to the more than 350,000 people who joined said waitlist. Billing itself as "the smartest credit card ever made," X1 includes a number of modern FinTech features. For one, the... FinTech News
Bitcoin Reaches New Record High, Topping $66,000
by Fioney Staff
After a series of ups, downs, and overall volatility that it's known for, Bitcoin had reason to celebrate this week. On Wednesday, October 20th, Bitcoin reached a new record high after breaking through the $65,000 mark. Furthermore, as of this writing, BTC is now trading above $66,000. Prior to this, the record was recorded at $64,889 set on April 14th, 2021. The rise in prices comes as the Proshares Bitcoin... FinTech News
GoHenry Introduces 'Money Missions' Encouraging Financial Education
by Fioney Staff
After raising $40 million late last year and expanding into the United States, the kid-centric FinTech app GoHenry has now added a significant feature to its platform. This week, the app announced the debut of Money Missions. With Money Missions, children can learn about various personal finance topics while earning points and leveling up as they complete lessons. Among the categories covered are money basics, earning, saving, investing, responsible spending,... FinTech News
CB Insights Names FinTech 250 for 2021
by Fioney Staff
As FinTech's blockbuster year rolls on into the fourth quarter, CB Insights has just released its list of the top 250 FinTechs of 2021. This is the fourth year that the firm has put out the list of private companies selected from a pool of more than 17,000. According to CB Insights, the final list was assembled according to several factors, including a proprietary algorithm that measures the overall health... FinTech News
Stock Trading App Public Adding Cryptocurrency Support
by Fioney Staff
As interest in cryptocurrency continues to rise, an increasingly popular stock trading platform has announced that it will now support crypto trades as well. This week, Public announced that crypto trading would be open to app users soon. At launch, users will be able to trade ten initial crypto assets in the app: Bitcoin (BTC), Ether (ETH), Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC), Bitcoin Cash (BCH), Stellar (XLM), Ethereum Classic...