Trading app Robinhood is seeing the legal heat turn up once again. Massachusetts regulators are attempting to revoke Robinhood’s broker-dealer license alleging that the company’s platform entices inexperienced investors to do risky trades, Reuters reports.
With a cash infusion of $5 million, fintech startup Wage plans to pay wages to a bigger workforce. Ben Prawdzik, co-founder and CEO of San Francisco-based Wage, said the startup will put some of the $5 million in funding toward bulking up its workforce. The company, whose API enables real-time sharing of payroll data used […]
Seemingly not a day goes by without seeing another fintech raise another funding round. But we’ve noticed that identity verification startups, subsector of fintech that verifies the identities of folks using a variety of technologies, are having their moment in the spotlight. That is why we decided to compile this roundup to show which recent […]
Coinbase is indicated to open at about $350 per share on the Nasdaq today, an increase from its Tuesday evening reference price which was $250, CNBC reports.
Payables automation platform Tipalti has announced its acquisition of Approve.com, a cloud procurement services provider to grow its financial operations offerings.
Vericred, which provides a platform that enables health insurance and benefits digital quote-to-card experiences, has raised a $23 million Series B funding round led by Aquiline Technology Growth.
Income verification platform Truework has partnered up with Gusto, which helps power small and medium businesses with tools like HR, payroll and benefits to support income and employee verifications for employees on Gusto’s platform.
Insurance comparison site The Zebra has raised a $150 million Series D funding round valuing the company at over $1 billion.
Jets can’t get off the ground without jet fuel. Likewise, political campaigns can’t get off the ground without their own brand of fuel: money. In a new partnership, fintech startup CipherTrace has joined forces with govtech startup Schweitzer Laboratories to enable political action committees (PACs) to safely accept virtual money, otherwise known as cryptocurrency. This […]
Since launching in December 2019, the PowerPay platform has originated more than $1 billion in loans. This year, the startup is on track to process nearly $2.5 billion in applications and finance more than $1.5 billion in loans.
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