creditbased

PayPal Ventures Dives into AI with First Investment: A Revolutionary Credit-Based Dating App and Robinhood Reigns Supreme for the Week

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This week, we’re looking at a new finance-based dating app, Robinhood’s earnings results and the startup in which PayPal Ventures made its first investment. Launched by financial platform Neon Money Club, Score is a dating app for people with good to excellent credit, and it seeks to help raise awareness about the importance of finances in relationships. Dollars and centsFinom, a European challenger bank aimed at SMEs and freelancers, has raised €50 million ($54 million) in a Series B equity round of funding. Rasa, an enterprise-focused conversational generative AI platform with financial services companies as clients, raised $30 million in a Series C round co-led by StepStone Capital and PayPal Ventures. Cash App announced it will now offer “up to” a 4.5% APY (annual percentage yield) for its Cash App Savings customers, with a few caveats.