Posted 3/31/2024, 2:16:15 PM
Robinhood Launches New Credit Card While Fintech Faces Challenges
- Robinhood launched a new Gold Card with 3% cash back and ability to invest rewards or earn 5% APY
- Banking-as-a-service (BaaS) startups facing challenges - layoffs and regulatory scrutiny around fintech compliance
- PayPal Ventures invested in Indonesian insurtech startup Qoala; New Retirement raised $20M for retirement planning software
- Tiny startup Supaglue caught Stripe's attention, will help with analytics and reporting
- Bolt CEO Maju Kuruvilla replaced by interim head Justin Grooms amid company struggles