Fioney Staff, Author at Fioney - Page 104 of 155

Fioney Staff

Fioney aims to help guide you to make the best decisions when it comes to the ever changing worlds of personal and small business finance.
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Small Business Tips

Bringing Customers Back to Your Small Business After Reopening

by Fioney Staff
Following several weeks of voluntary and mandatory closures across the country, small businesses are beginning to reopen their doors. With many owners looking to recoup some of their recent losses and support their staffs, the hope is that customers will return as soon as possible. While there's no guarantee that will happen, there may be efforts you can take to help welcome them back. On that note, let's take a...
a row of houses
Economic News

Average Mortgage Rate Falls Below 3%

by Fioney Staff
Those looking to buy a home or to refinance may encounter lower interest rates than they have before. According to Mortgage News Daily, the average rate for a 30-year fixed mortgage fell to just 2.97% last week. That marks a new record low as the economy continues to experience impacts from the coronavirus pandemic. With this being an average, some borrowers with stellar credit may apparently even see rates as...
Celsius team members
FinTech News

Celsius Looking to Raise $15 Million from BnkToTheFuture Community, Not VCs

by Fioney Staff
Under normal circumstances, a FinTech startup looking to grow would solicit various venture capital (VC) firms in the hope of finding investors. This is something we've seen a lot of lately, such as the crypto trading platform FalconX recently raising $17 million. However, just as cryptocurrencies boast a decentralized financial network, some startups are finding ways to go around this money-raising model. Case in point: Celsius has launched a new...
Qube Digital Cash Envelopes
FinTech News

Qube Money Announces Partnership with Galileo for Innovative App and Debit Card

by Fioney Staff
When it comes to the financial technologies field, it would seem that many startups view themselves more as cohorts than strictly competitors. That dynamic has been evident from the widespread adoption of Plaid among personal finance apps to the recent team-up of crypto tax service providers. This week, another tag-team was born as Qube Money announced a partnership with fellow Utah FinTech Galileo Financial Technologies. Under this partnership, Galilieo's API...
hand under a collage of business images
Small Business News

Paycheck Protection Program Flexibility Act Adjusts Popular Program

by Fioney Staff
As businesses across the country slowly begin to reopen their doors, those entrepreneurs who took out Paycheck Protection Program (PPP) loans are getting some new updates. For the unfamiliar, the initiative was initially introduced as part of the better known CARES Act and brought $349 billion in loans to small businesses. However, the first round of funding ran out in less than two weeks, leading lawmakers to authorize another $310 billion....
Varo banking app
FinTech News

Varo Raises $241 Million in Funding Ahead of Bank Charter Approval

by Fioney Staff
Once again, despite the challenges the current pandemic has brought upon the U.S., FinTech firms are still closing major deals. Last week Varo announced that it had just concluded a $241 million funding round. The impressive Series D was co-led Gallatin Point Capital and returning investor The Rise Fund. Other participants include HarbourVest Partners and Progressive Insurance. This major funding round comes at a pivotal time for Varo as the...
Top 10 Must-Read Personal Finance Posts May 2020
Best of the Web

Top 10 Personal Finance Articles of the Month — May 2020

by Fioney Staff
It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. We'll start things off with some more looks at money during a pandemic. Then, we'll talk about changing financial directions. Finally, we'll cover saving on groceries, investing as newlyweds, when it's worth spending, and more. By the way, June's roundup will have a lot to...
US Unemployment Chart
Economic News

U.S. Economy Regains 2.5 Million Jobs in May

by Fioney Staff
Ever since the start of lockdown amid the coronavirus crisis in the United States, it was clear that the nation would be in for some rough jobs reports. Sure enough, the country has seen multiple record-breaking weeks of new jobless claims as well as a major spike to the unemployment rate. While economists had braced for May to be no different, instead, the newest figures show the economy rebounding some...
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Checking Account Review

2025 SoFi Checking and Savings Review

by Kyle Burbank
 Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. That was later sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind is SoFi’s acquisition of Golden Pacific...
Travelers with two Best Western Credit Cards
Credit Card News

Best Western Debuts Two New Rewards Credit Cards

by Kyle Burbank
After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation
Credit Card News

Marriott Bonvoy Bold Card Launches Travel Contest

by Kyle Burbank
Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos
Credit Card News

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

by Kyle Burbank
Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
PayPal Debit Card app
Checking Account Review

PayPal Debit Card Review: Earn Stackable 5% Cash Back

by Kyle Burbank
In recent weeks, PayPal debuted an updated debit card product (perhaps you've seen the incessant Will Ferrell commercials for it during football games?). With the launch of this card, the company known for online payments is encouraging customers to pay with them anywhere. To encourage such behavior, the debit card allows cardholders to earn 5% cashback — although, as you can imagine, there are some important restrictions on that. So,...