FinTech News Archives - Page 4 of 73

Category: FinTech News

Bilt logo and Ken Chenault and Ankur Jain
FinTech News

Bilt Rewards Announces $200 Million Equity Round

by Kyle Burbank
Bilt Rewards has announced its latest funding round as well as the addition of some luminaries to the company's board of directors. About the round and board appointments: Today, Bilt Rewards revealed a $200 million equity investment. The round was led by General Catalyst with participation from Eldridge and returning investors Left Lane Capital, Camber Creek, and Prosus Ventures. Notably, with this new funding, Bilt is now valued at $3.1...
Citi Shop logo
FinTech News

Citi Launches Deal-Finding Browser Extension for Cardholders

by Kyle Burbank
Citi Bank has announced the debut of a new browser extension aimed at saving cardholders money. About the platform: This week, Citi unveiled Citi Shop. The new desktop browser extension is now available to eligible Citi credit card customers in the United States. Currently, the extension can be installed on Chrome, Safari, or Microsoft Edge browsers. Cardholders will also need to enroll their card to begin using the service. With...
Kashable logo
FinTech News

Financial Wellness Platform Kashable Raises $25.6 Million

by Fioney Staff
A FinTech that helps employees access lower-cost credit options has announced a significant funding raise. About the round: Kashable has revealed a new $25.6 million funding round. The Series B was co-led by Revolution Ventures and Moneta Ventures, while EJF Capital and Krillion Ventures also participated. The company indicates that the capital will help fuel the platform's expansion as well as the development of additional features and services. It also...
Current app
FinTech News

Current Partners with Column Tax for Free Tax Filing Feature

by Kyle Burbank
This tax season, users of the app Current will have the option to file their returns for free thanks to a new partnership. About the offering: The neobank Current has announced a partnership with Column Tax. As a result, users will be able to file their taxes using the app. This feature will be available to "members with a payroll" and will allow them to file both federal and state...
Downpayments logo
FinTech News

Investment Property FinTech Downpayments Raises $32.8 Million

by Kyle Burbank
A FinTech that allows property investors to finance their down payments has announced a new funding round. About the round: This week, Florida-based startup Downpayments announced that it had raised $32.8 million via a mix of debt and equity. According to Crunchbase, the debt financing portion of the round totaled $31.8 million, while the equity seed round accounted for the other $1 million. Partners for Growth facilitated the debt financing,...
Intuit, TurboTax, Credit Karma, Quickbooks, and Mailchimp logos
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...
Webull logo above city skyline
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....
Impact Karma logo and app
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...
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Credit Score Guide

A Guide to Building Credit and Increasing Your Credit Scores

by Kyle Burbank
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...
Checking Account Review

2024 SoFi Checking and Savings Review

by Kyle Burbank
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...
Brim logo
FinTech News

Brim Financial Raises $85 Million as It Eyes Global Expansion

by Kyle Burbank
Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
Chase Freedom Flex card
Credit Card News

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

by Kyle Burbank
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,...
Small Business News

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

by Kyle Burbank
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...