Fintech News Stories
Affirm and Vrbo partner on vacation rental point-of-sale loan program
/Point-of-sale lender Affirm is moving past retail shopping and into vacation property rentals. The company, which went public earlier this year, announced a limited-time partnership with vacation rental marketplace Vrbo.
Read MoreBanking tech provider Q2 acquires account-switching software firm ClickSWITCH
/Q2, an Austin-based publicly-traded company that specializes in banking and lending technology solutions, has acquired ClickSWITCH, a 7-year-old Minneapolis-based fintech that developed a patent account-switching solution.
Read More401(k) startup Guideline doubles AUM to $4B during pandemic
/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.
Read MoreFederal Trade Commission shuts down savings app Beam
/Beam, a San Francisco-based savings app which launched in 2019, has been shut down as a result of a tentative settlement with the Federal Trade Commission (FTC).
Read MoreWalgreens to roll out bank account, following in the footsteps of Walmart
/With more than 9,000 stores across the U.S. and interactions with 8 million customers in-store and online, pharmacy retailer Walgreens is now betting on financial services in a tie-up with card issuer MetaBank and payments provider InComm Payments.
Read MoreVisa takes leap in settling transactions via USDC stablecoin
/Payments giant Visa says it’s allowing transactions to settle using cryptocurrency USD Coin (USDC), a stablecoin whose value is tied to the U.S. dollar.
Read MoreAllstate completes exit from life and annuities business
/Reinsurer Wilton Re will pay $220M to acquire Allstate Life Insurance Company of New York (ALNY) from parent company Allstate.
Read MoreDespite the pandemic’s impact on real estate, proptech is thriving
/Real estate has had quite the year, which has only fueled innovation in the space. It will be exciting to see what more will develop around proptech’s intersections with asset management and insurance, as well what proptech can do to advance environmental sustainability, co-living solutions, and…
Read MoreGoldman Sachs and Fidelity apply for bitcoin-related investment products
/Fidelity and Goldman Sachs are seeking approval from the Securities and Exchange Commission (SEC) for bitcoin-related investment products, demonstrating how quickly the cryptocurrency is moving into traditional banking and wealth management realms.
Read MoreBig banks back Black & Latinx-focused neobank Greenwood’s $40M Series A fund raise
/Greenwood, a digital banking platform aimed at Black and Latinx communities, has secured $40M in Series A funding after securing a $3M seed round in October.
Read MoreCoinbase fields customer service complaints as it prepares to go public
/Coinbase, the cryptocurrency exchange which recently filed paperwork to go public through a direct listing, is battling a growing number of complaints from clients who say they’re locked out of their accounts or can’t get answers to simple customer-care questions.
Read MoreeMoney Advisor integrates with Akoya network to stamp out ‘screen scraping’
/eMoney Advisor, the Fidelity-owned financial software planning platform used by more than 70,000 financial professionals across firms of all sizes, announced that it’s joining the Akoya data access network.
Read MoreBitClout, a crypto social network, will launch out of beta this week
/BitClout, a crypto social network that allows participants to buy and sell tokens based on people’s reputations, will launch out of beta this week. It is centered around possibilities to invest in a measure of individuals’ credibility and recognition.
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