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Robinhood revives checking with new debit card & 2% interest

Robinhood revives checking with new debit card & 2% interest This time it actually has insurance. Zero-fee stock trading app Robinhood is launching Cash Management, a new feature that earns users 2.05% APY interest on uninvested money in their account with the ability to spend it through a special Mastercard debit card. […]

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Apple rolls out Apple Card Preview to select users

Apple rolls out Apple Card Preview to select users Apple Card is getting its first group of public test users today. A limited amount of customers that signed up to be notified about the release of Apple Card are getting the ability to apply for the card in their Wallet app today […]

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TransferWise’s new debit card for the US fires the starting gun on a new war for travelers

TransferWise’s new debit card for the US fires the starting gun on a new war for travelers International money transfer service TransferWise, has made a significant incursion into the US market today, launching a MasterCard debit card alongside a multicurrency account. Mirroring the card it has already launched in the UK and […]

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Step raises $22.5M led by Stripe to build no-fee banking services for teens

Step raises .5M led by Stripe to build no-fee banking services for teens The smartphone revolution has well and truly disrupted the world of banking. A wide range of startups have cropped up that have completely removed the need to make visits to physical branches to open accounts, make deposits, pay for […]

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Singapore fintech startup Instarem closes $41M Series C for global growth

Singapore fintech startup Instarem closes M Series C for global growth Singapore’s Instarem, a fintech startup that helps banks and consumers send money overseas at lower cost, has closed a $41 million Series C financing round to go after global expansion opportunities. The four-year-old company announced a first close of $20 million […]

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Venmo launches a ‘limited edition’ rainbow debit card for its payment app users

Venmo launches a ‘limited edition’ rainbow debit card for its payment app users Hoping to entice more users to attach the Venmo MasterCard to their account, Venmo this morning announced it’s launching a “special edition” rainbow-colored version of its debit card that will only be available in limited quantities. Clearly, the idea […]

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Teen debit card Current now acts more like a real bank account

Teen debit card Current now acts more like a real bank account Current, the app-controlled teen debit card that’s managed by parents, is starting to look more like a bank. Today, the startup announced it’s now adding to its debit account for teens support for routing and account numbers. That means working […]

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Mobile money-saving app Qapital raises $30 million to spend on growth

Mobile money-saving app Qapital raises million to spend on growth Qapital, one of a slew of mobile applications trying to make it easier for users to save money (and spend it more wisely), has raised $30 million in fresh financing as it expands beyond savings to offer investment advisory services. Since its […]

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