FinTech News Archives - Page 47 of 72

Category: FinTech News

Vennfi Charityvest logos

Vennfi Raises $2.3 Million Ahead of Charityvest Platform Expansion

Even as 2020 begins to wind down, FinTech deals continue to roll in. Last week, Vennfi announced it had raised $2.3 million in funding. The seed round was led by former DCM Ventures partner Tom Blaisdell with participation from Teamworthy Ventures, Duro.vc, Sovereign's Capital, and Promus Ventures along with individual investors and other funds. With the latest raise, Vennfi's has now brought in a total of $3.7 million for 2020....
Google Pay logo

Google Pay Unveils Overhaul, Opens Waitlist for Banking Account

Users of Google Pay for Android or iOS may have noticed some major changes to the app this week. A new update turns the focus to personal finance as well as peer to peer payments, while also teasing future endeavors. First, users can now link bank accounts and credit cards (via Plaid) to Google Pay in order to see their spending — regardless of whether they're using Google Pay to...
Klarna price tracking widgets

Klarna Introduces Price-Tracking Widget for iOS

Recently, the Swedish FinTech Klarna has made a name for itself stateside, offering shoppers the ability to purchase items with a simple four-payment plan. Now, the company has introduced a new price-tracking widget for iPhone users. According to the app, this widget will rotate through recently-viewed and saved items and share relevant pricing updates. While the app notes that the addition of this tool will help shoppers score the best...
BitPay screenshot

BitPay Launches BitPay Send Feature for Businesses

It's no secret that the typical employment model has been upended in recent years. Not only has the gig economy continued to grow but, due in part to the COVID-19 pandemic, remote work is at a new high. With that in mind, BitPay recently launched a new tool called BitPay Send that could also change the way that workers and contractors are paid. The mass-payment tool allows businesses to run...
Mastercard Start Path Program

Mastercard Announces 10 FinTechs to Participate in Latest Start Path Program

Mastercard is once again looking toward the future of FinTech, announcing the 10 startups that will join the company’s Start Path program. This year’s selected companies include: Carry1st, FISPAN, Lendio, LISNR, Mocafi, MO Technologies, Panda Remit, Paycode, Fanbank/Plink, and Subaio. These startups will participate in a six-month program where they will not only work on developing their own platforms but also explore opportunities to integrate Mastercard’s infrastructure and technologies. Reflecting...
Visa and Plaid logos

Justice Department Files Lawsuit to Block Visa's Plaid Acquisition

Reports that the United States Department of Justice was considering action against Visa in regards to their planned acquisition of Plaid came to fruition this morning. As TechCrunch reports, the Justice Department has filed suit against both companies on antitrust grounds. Earlier this year, Visa announced that it intended to purchase Plaid for an eye-popping $5.3 billion. Now, that deal could be in peril. For those unfamiliar, Plaid offers an...
Zelle logo

Zelle Tops 1 Billion Transactions in the Past 12 Months

When it comes to peer to peer payments, often times FinTechs such as Venmo, Square Cash, and others come to mind. Yet, one competitor has managed to grow without much fanfare: Zelle. Now, Early Warning Services, LLC (the network operator behind Zelle) announced that the service recently achieved a major milestone. According to Zelle, the platform processed more than one billion transactions between September 2019 and September 2020. That milestone-breaking...
Square logo and Credit Karma tax prep

Credit Karma Reportedly in Talks to Sell Tax Prep Platform to Square

Earlier this year, Intuit announced plans to purchase the personal finance tool Credit Karma for a whopping $7.1 billion. Of course, with Intuit perhaps being best known for its TurboTax software, one major question about the proposed purchase was what would become of Credit Karma's free Credit Karma Tax service? Now reports suggest that that the company could be seeking to offload the platform onto a fellow FinTech: Square. Initially...
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...