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SoFi Helps People 'Get Their Money Right' With New Credit Card
Thursday, October 29, 2020 - 7:41am | 353SoFi, a provider of lending and wealth management services, formally announced the launch of a credit card. The development comes as consumer debt reached a record $14.3 trillion this year. The new product will incentivize healthy financial habits and deliver on the firm’s mission to help...
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Fintech Focus For October 29, 2020
Wednesday, October 28, 2020 - 6:32pm | 2855Quote Of The Day: The only place where success comes before work is in the dictionary. - Vidal Sassoon Fintech Movers: The Cambridge Centre for Alternative Finance (CCAF), the leading research institute covering the global Fintech sector, has partnered with the World Bank on a study reviewing the...
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Fintech Focus For October 15, 2020
Wednesday, October 14, 2020 - 6:26pm | 2121Quote Of The Day: There needs to be a sweet spot between the brand and your community. - Danny Cortenraede Fintech Movers: [W]e think that over the next five years, Bitcoin presents a multi trillion dollar opportunity. - ARK Invest M1 Finance closes on $45M Series C round. Deutsche to introduce...
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Will This Recession Lead to Another Fintech Boom?
Thursday, September 17, 2020 - 11:42am | 1752The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The biggest silver lining in periods of economic turmoil—such that we are in right now, despite what the stock market may tell you...
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Fintech Focus For September 15, 2020
Monday, September 14, 2020 - 6:12pm | 2003Quote Of The Day: Be yourself; everyone else is already taken. - Oscar Wilde Fintech Movers: In August 2020, FinTech startups worldwide raised $2.80 billion worth of VC/PE investments across 220 deals. In terms of MoM trends, there was an increase of 1.4% from the $2.76 billion raised by FinTechs...
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Fintech Focus For August 20, 2020
Wednesday, August 19, 2020 - 6:37pm | 2239Quote Of The Day: Whoever is happy will make others happy too. - Anne Frank Fintech Movers: There is a large opportunity for Google to leverage its massive direct consumer relationships to attract [banks] to sign up for co-branded checking accounts. For many of the bank and credit union partners,...
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Fintech Focus For August 10, 2020
Sunday, August 9, 2020 - 9:22pm | 2244Daily Perspective: Only the paranoid survive. - Andy Grove Fintech Movers: Goldman Sachs is seriously considering its own cryptocurrency, possibly a stablecoin, as it significantly expands its digital assets team and appoints a new head to spearhead efforts. - Coindesk Capital markets DLT on cusp...
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Every Friday Could Be Payday If This ETF Comes To Life
Monday, July 20, 2020 - 9:00am | 426With interest rates at historically low levels, investors are scrambling for ways to find income. If a new exchange-traded fund comes to life, it could be a compelling solution in the income equation. What Happened: Last week, fintech firm and upstart ETF issuer SoFi filed plans for the SoFi Weekly...
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Fintech Focus For July 10, 2020
Friday, July 10, 2020 - 8:57am | 1814Daily Perspective: The market is not the economy. - Mike Loewengart Fintech Movers: The digital lending platform market was estimated at $4 billion in 2018. This number is expected to grow at a compounded annual growth rate of over 20% in the next 5 years, putting it at an estimated $17 billion by...
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9 San Francisco Fintechs Poised To Shine At The Benzinga Global Fintech Awards
Tuesday, July 7, 2020 - 9:19am | 780The Benzinga Global Fintech Awards — a day of dealmaking, networking and recognition in the financial technology space — takes places Nov. 10. In recognition of those disruptive innovators creating positive and diverse change within the financial services...
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Fintech Focus For July 3, 2020
Friday, July 3, 2020 - 9:26am | 1689Daily Perspective: Life is what happens when you're busy making other plans. - John Lennon Fintech Movers: An International Monetary Fund (IMF) official recently noted that China’s Fintech sector could be “instrumental” in assisting SMEs with acquiring reliable credit. The...
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Get Social With This New SoFi ETF
Thursday, July 2, 2020 - 10:07am | 432SoFi stands for “social finance” and the firm is leaning on those roots in a revamp of the SoFi 50 ETF (NYSE: SFYF). What Happened: The fintech is reconfiguring that exchange-traded fund into the SoFi 50 ETF. The new-look fund retains the ticker “SFYF” and tracks the SoFi...
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No Gimmick Here As SoFi Extends No Fee Waiver On 2 ETFs For Another Year
Wednesday, April 29, 2020 - 1:10pm | 502Last year, fintech company SoFi introduced its first batch of exchange traded funds, including a pair with no annual fees. Even today's climate of seemingly never ending fee cuts on ETFs, some critics asserted SoFi's no fee scheme was just that: a scheme and a ploy to gain attention among...
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The Financial Wellness Industry Is Showing No Signs Of Slowing Down
Wednesday, March 11, 2020 - 11:40am | 704The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The proliferation of tech-enabled financial services has led to an explosion of offerings for consumers looking to get their financial...
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'Connecting The Dots': Apex Expands Clearing, Custody Capability To Quickly Launch Fintech Startups
Tuesday, January 28, 2020 - 3:51pm | 751In a move to further democratize financial markets, Apex Clearing formally integrated its services with Bambu, a robo-advisory technology solution, providing global access to U.S. markets. As part of the development, Bill Capuzzi, CEO at Apex Clearing, spoke with Benzinga regarding his firm’s...