Tag: finance

A major fintech startup exec is being minted into NYC’s latest VC

There is massive momentum in fintech right now: regulations are finally opening up, APIs are more widely available than ever before, and there is a sense that existing products — both financial and technical — are just not doing the job that consumers and financial professionals demand. With excitement like…

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Betterment adds checking and savings products

Betterment, the New York-based automated advisory service for wealth management, is adding FDIC-insured checking and savings account services through partnerships with several banks. “It’s the culmination of something we’ve been working on for a long time.,” says Betterment chief executive and founder, Jon Stein.  While the money management services company…

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Google is reportedly working on a smart debit card

Google’s push into banking could include a not-so-subtle parallel to the Apple Card. A TechCrunch leak suggests that Google is developing a smart debit card. While the payment format would clearly dictate changes compared to its Apple rival (you coul… Source

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Santander launches PagoFX, a TransferWise competitor

Spanish bank Santander has launched a new product called PagoFX. As the name suggests, PagoFX focuses on foreign exchange and lets you send money in other currencies. In other words, it’s a TransferWise competitor. It is completely separated from Satander’s retail bank products. You don’t need a Santander bank account.…

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Saving, not spending, is the new hotness in fintech

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday news broke that Robinhood is on the hunt for new capital at a roughly flat valuation, per friend of the blog Katie Roof. If you are a bit confused…

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