Fintech News Stories
Marqeta could be planning a June IPO
/Card issuing and processing startup Marqeta is reportedly on pace to move forward with a June IPO, making the paperwork public in May.
Read MoreNew acting comptroller of the currency could lay groundwork for thorny policy issues
/Treasury Secretary Janet Yellen is reportedly about to appoint a former senior Federal Reserve official to the post of acting comptroller of the currency.
Read MoreEBay cautiously opens door to crypto, NFT transactions
/E-commerce marketplace eBay, in various media interviews this week, suggested it may accept crypto as a payment method in the future.
Read MoreSoFi allows customers to redeem cash-back rewards in cryptocurrencies
/SoFi, the banking, lending, and investing platform that will soon go public via merger with a special-purpose acquisition company, announced that it’s letting its clients redeem their cash back rewards in bitcoin or ethereum.
Read MoreFidelity launches digital assets analytics solution for institutional investors
/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.
Read MoreUS Bank launches curated product suite for SPACs
/US Bank is rolling out a group of specialized products for special-purpose acquisition company sponsors covering trustee administration, investment, and disbursement services.
Read MoreWealthfront warms to crypto alongside a move to let users customize portfolios
/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.
Read MorePayPal, Venmo tie-up with Fiserv ushers in QR code payment push at store checkouts
/Banking technology company Fiserv, which owns point-of-sale payment system Clover, entered into a partnership with PayPal to allow QR code payments using PayPal and Venmo apps at business checkouts.
Read MoreBanking startups Current, Step, and Greenlight together score $580M in funding
/Investors are making serious bets on digital banking apps for young people. This week, three major companies in this space secured investments: Greenlight, which focuses on kid-friendly accounts
Read MoreAs pandemic lingers, Southwest Airlines bets on ‘buy now, pay later’ to increase business
/Southwest Airlines has struck a partnership with ‘buy now, pay later’ (BNPL) provider Uplift, a company that focuses on point-of-sale financing for travel.
Read MoreTill expands the concept of teen banking in launch of family challenger bank
/Till, a fintech founded by dads Tom Pincince, Taylor Burton, and Brian Chemel, markets itself as the first collaborative financial platform specifically built for families.
Read MoreAmazon debuts ‘pay with palm’ technology at Seattle Whole Foods locations
/As consumers get more comfortable with cashless payment methods as the pandemic enters its second year, Amazon is launching a new biometric payment method called Amazon One at Seattle Whole Foods stores.
Read MoreBrian Brooks, former acting OCC head, to become Binance.US CEO
/In the latest indication that the mainstream finance world and crypto ecosystem are coming together, cryptocurrency exchange Binance.US has tapped former banking regulator Brian Brooks as its new CEO, effective May 1.
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