Credit card fintech Cardless has raised $60 million in funding, aiming to expand its card programs and launch new co-branded cards. With plans to double its workforce and target profitability by 2026, Cardless offers a platform that allows brands to create credit cards with reduced friction and increased conversion rates. The company, which has clients like Coinbase and Alibaba, anticipates significant revenue growth in the coming year.

Coatue Management's former head of fintech is seeking to raise $400 million for a new venture called Marathon, which aims to invest in financial technology companies. The initiative reflects a growing interest in fintech investments as the sector continues to evolve.