FinTech News Archives - Page 40 of 72

Category: FinTech News

FinTron app and debit card

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 licensed bank that can provide FDIC insurance to customers. With that in mind, this week, FinTron announced a partnership with...
Bitcoin

Tesla Discontinues Acceptance of Bitcoin for Vehicles

Elon giveth and Elon taketh away. Less than six weeks after Tesla began accepting Bitcoin as a form of payment for its famed electric vehicles, Musk has announced that the company will halt this practice. In turn, the price of $BTC has fallen sharply. In a tweet, Musk cited environmental concerns related to the mining of Bitcoin as the reason why the car company was suspending acceptance. He wrote, “We...
ETF

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, shareholders will receive weekly dividend distributions — or so the ETF intends. As the FinTech explains, “Securities selected for the...
Start Path Wave 19

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 build their connections. In fact, Start Path alumni have gone on to raise more than $3 billion in investments. Because...
Dogecoin symbol

Gemini Becomes Latest Crypto Platform to Support Dogecoin

A dog coin that started as a joke but has grown increasingly real has just received another booster as it rockets "to the moon." This week, Gemini announced that it was adding Dogecoin to its trading platform, allowing customers to buy, sell, and hold the popular asset. Doge now joins the more than 40 cryptocurrencies that Gemini supports trading for. Another 11 token types can be held on the platform...
Splitwise Logo

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 has earned an investment to help grow its platform that seeks to assist with this interpersonal finance issue. This week,...
Gemini Crypto Credit Cards

Gemini Announces Details on Upcoming Crypto Credit Card

Earlier this year, the cryptocurrency exchange platform Gemini opened the waitlist for its planned crypto rewards credit card. Since then, a reported 140,000 people have joined said list. In turn, Gemini has now revealed more details on the products, including the rewards multipliers and some clever elements that make it unique. In terms of rewards, the Gemini Credit Card will earn up to 3% back on dining as well as...
Till app

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 to Till's funding include Elysian Park Ventures, Pivotal Ventures, Afore Capital, Luge Capital, Alpine Meridian Ventures, The Gramercy Fund, SM...
The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox

A Guide to Building Credit and Increasing Your Credit Scores

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...

2024 SoFi Checking and Savings Review

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...
Chase Freedom Flex card

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

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,...

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

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...
H-E-B and Central Market  credit cards

Imprint Launches Credit Cards from H-E-B and Central Market 

The FinTech Imprint is partnering with the popular Texas-based grocery chain H-E-B for a pair of new rewards credit cards. This week saw the launch of the H-E-B Visa Signature Credit Card as well as the Central Market Visa Signature Credit Card. With these two (nearly identical) options, customers will be able to earn rewards on groceries and beyond. First, both versions of the card earn up to 5% back on select...