FinTech news in Health category

For their second fund, Brand and Rupp will largely continue with the same strategy from Fund I, sticking to making about 15 investments in total after making 12 out of the first fund, they said. In an ecosystem where women make up just 2.4% of partners at venture firms and considering that the vast majority of first-time funds never actually make it to closing.

Walnut works with healthcare providers so that a patient’s bill can be paid back through $100-a-month increments for 30 months, instead of one aggressive credit card swipe Many BNPL startups, Walnut included, do cash-flow underwriting, in which the company connects to users’ bank accounts to see daily income, spending patterns and savings to see if a loan will likely get repaid by the end of month.

What if you could buy a Peloton with pre-tax dollars? How about vitamins and supplements? Skincare products? Or even mattresses and massages? All of those may likely qualify as purchases you could make through a Flexible Spending Account (FSA) or Health Savings Account (HSA).