Category: FinTech News

FinTech News

Spiral Announces Partnership with nkbc to Enable Easy Giving

by Kyle BurbankSep 19, 2023

The FinTech Spiral has announced its latest banking partnership. About the partnership: This week, Spiral revealed a new partnership with Kansas City-based bank nbkc. Under this agreement, the FinTech will brings its Giving Center to nbkc customers. In turn, users will be able to give to their favorite charities and non-profit organization in a variety of ways. In addition to creating a portfolio of their supported charities, customers will also...

FinTech News

Bilt Partners with Odynn for Live Hotel Award Booking Search

by Kyle BurbankSep 15, 2023

Bilt has unveiled a new feature that will help customers book hotel rooms using points. About the partnership and feature: This week, Bilt Rewards announced a partnership with Odynn that brings their Awayz platform to the Bilt app. With this integration, Bilt members can search and view real-time hotel award booking options. Currently, Bilt offers transfers to two hotel loyalty programs: IHG and Hyatt. In turn, the new Awayz-powered search...

FinTech News

Comingle Launches Crowdfunding Campaign for Basic Income App

by Kyle BurbankSep 8, 2023

An app aiming to create a community that provides unconditional income is currently in its crowdfunding phase. About the campaign: Earlier this week, Comingle launched its crowdfunding campaign on Indiegogo. The company is currently looking for supporters to contribute as little as $1 toward the app's goal of raising $75,000. As of this writing, Comingle was 44% of the way to that goal with a tally of more than $33,000...

FinTech News

Point.Me Announces $10 Million Series A

by Kyle BurbankSep 6, 2023

A FinTech that makes it easier for flyers to find and book award travel has closed a fresh round of funding. About the round: This week, Point.Me announced that it had raised $10 million. The Series A was led by Thayer Ventures with participation from new investors PAR Capital Ventures, RiverPark Ventures, Plug and Play Ventures, and MoreThanCapital, as well as returning investors Gaingels and ITA Software co-founders David Baggett and Carl de Marcken. Combined...

FinTech News

Robinhood Wallet Adding Support for Ethereum Swaps and More

by Kyle BurbankSep 4, 2023

Robinhood Wallet has announced a number of new features coming to the Wallet app. About the updates: Robinhood's standalone, non-custodial crypto wallet app aptly called Wallet is expanding. First, the app will now support custody for Bitcoin and Dogecoin. This means that all users will now be able to send and receive these assets using Wallet. These two networks join those previously supported including Arbitrum, Optimism, Polygon, and Ethereum. Speaking...

FinTech News

International Payments App LemFi Raises $33 Million

by Kyle BurbankAug 24, 2023

A FinTech platform built for remittance payments and more has announced a new round of funding. About the round: This week, LemFi announced that it had raised $33 million. The Series A was led by Left Lane Capital with participation from Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree. According to LemFi, these funds will support an expansion of its product that will include the United States, Europe, the Middle...

FinTech News

Robinhood Makes Changes to Cash Card Debit Card Program

by Kyle BurbankAug 22, 2023

The stock trading app Robinhood has rolled out a pair of tweaks to its debit card offering. About the updates: Robinhood has announced some key changes to its Cash Card program — which itself was a replacement and overhaul of the company's previous Cash Management account. First, the Robinhood Cash Card will be dropping its weekly round-ups match feature. Previously, cardholders could opt into a program that would round up...

FinTech News

Wealthfront Adds Stock Collections For AI, Dividend Stocks, More

by Kyle BurbankAug 18, 2023

The FinTech platform Wealthfront is making it easier for customers to invest in artificial intelligence AI by rolling out new Stock Collections focused on the technology. Elsewhere, a dividend-focused collection has also been added. About the new collections: Wealthfront has announced the introduction of three new Stock Collections: AI Adopters, Generative AI, and Large-Cap High Dividend Payers. The first option is comprised of businesses that are already effectively embracing AI,...