M1 Finance, a Chicago-based financial app that includes investing, lending, and banking, launched an Owner’s Rewards Card that offers up to 10% cash back for users when they shop at select companies whose stock they own.

Trading app Robinhood is reportedly seeking to raise $2.3B in an upcoming initial public offering (IPO).

Pennsylvania-based investment behemoth Vanguard, which is the world’s second-largest asset manager, is buying Just Invest, a 5-year-old startup whose technology helps advisers customize portfolios.

In its third fintech acquisition of the year, JPMorgan Chase announced plans to acquire OpenInvest, an Andreessen Horowitz-backed startup founded by former Bridgewater Associates employees.

Stash, a digital investing app that’s expanded to a full complement of financial product offerings including banking and financial wellness and savings tools, has acquired PayGrade, a financial literacy platform aimed at school-age kids.

JPMorgan Chase has acquired U.K. robo-adviser Nutmeg as it prepares to launch a digital banking offering in Britain later this year.

As Robinhood and GameStop debacles this year put a spotlight on the growing number of retail investors, New York-based Atom Finance aims to offer a suite of research tools comparable to a Bloomberg terminal at a more affordable price point.

Acorns, the California-based personal finance app that launched in 2014, is going public through a merger with Pioneer Merger Corp., a special-purpose acquisition company (SPAC) affiliated with hedge funds Falcon Edge Capital and Patriot Global Management.

In an effort to lock in teen business before they seek out competitors when they turn 18 (aka Robinhood and apps like it), Fidelity is offering teens aged 13 to 17 debit cards, and investment and savings accounts.

Fidelity is delving deeper into digital assets, and to do that, it’s rolling out an analytics offering called Sherlock to help its institutional investor clients monitor the performance of their digital assets.

Wealthfront, one of the largest independent robo-advisers, announced that it’s going to let its users invest in cryptocurrencies, alongside a broader move to allow customers to further customize their portfolios.

Hill Harper, an actor who plays Dr. Marcus Andrews on the ABC medical show The Good Doctor, is launching an investing and payments app geared toward minority communities, particularly Black and Latinx consumers.

Wealth management tech giant Envestnet has acquired Harvest Savings & Wealth Technologies, a 7-year-old Bay Area-based fintech that offers savings and wealth solutions for banks and wealth management firms. Terms of the deal were not disclosed.

While free lunches and ping pong tables may have been popular office perks prior to the pandemic, one 401(k) startup discovered that many remote businesses decided to invest in 401(k)s as workplace benefits instead.