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.
FinTech News
Fold Unveils New Bitcoin Rewards Visa Card
by Fioney Staff
Despite the best efforts of FinTechs like Robinhood and Square, cryptocurrencies remain fairly esoteric in nature. However another company looking to change that is Fold — an app that uses Bitcoins as cash back rewards. Now the firm is taking that mission to the next level with the help of Visa. Today, Fold announced that it would be launching a co-branded Visa card that will allow users to earn Bitcoin...
Personal Finance News
Select Auto Insurers are Crediting Customers Due to COVID-19 Impacts
by Fioney Staff
With most Americans currently under a state or local shelter-in-place order, a majority of individuals are driving far less than they normally would. On top of that, with non-essential businesses being forced to close in several states, unemployment and other financial hardships are on the rise. Therefore, in a bid to offer some assistance and perhaps earn a bit of goodwill from their customers, this week some auto insurers announced...
FinTech News
FinTech Deals Decline Amid COVID-19 Outbreak
by Fioney Staff
With the COVID-19 pandemic not only delivering a public health emergency but also crippling the global economy, it should come as no surprise that new investments from venture capital are down as well. According to the latest report from CB Insights, the number of FinTech deals globally year over year was nearly cut in half. Moreover the number of deals in March fell to just 142 compared to 196 in...
Small Business News
GoDaddy Supporting GoFundMe's Small Business Relief Initiative with Donation, Widget
by Fioney Staff
With the COVID-19 pandemic requiring most Americans to shelter in place, the majority of small businesses have seen severe impacts. In fact a recent survey found 87% of owners saying that their businesses have been hurt during this time, with 35% warning that they could be forced to close permanently if things didn't change within the next three months. Given the current situation, the popular crowdfunding site GoFundMe recently launched...
Best of the Web
Top 10 Personal Finance Articles of the Month — March 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. With March 2020 feeling like the longest month in human history, many of the articles featured this time around relate to the COVID-19 pandemic and, more specifically, its impacts on the markets, your money, and perhaps even your work routine. Nevertheless we'll also look at...
FinTech News
FinTech Financial Planner Savology Closes Oversubscribed Seed Round
by Fioney Staff
Once again it seems that the current pandemic hasn't stopped some FinTechs from seeking investments and growing their reach. This week the Utah-based Savology announced that it had raised $750,000 in seed funding. The oversubscribed round included participation from MassMutual Intermountain West CEO Brady Murray, RevRoad CEO Derrin Hill, Ascend Finance co-founder/CEO Ben Tejes, and PROFi founder/CEO Bruce Miller. With the funds, Savology hopes to expand their free financial planning...
Small Business News
87% of Small Businesses Say COVID-19 is Hurting Their Business
by Fioney Staff
When turning on the news these days, you're likely to be hit with a barrage of numbers — from stats regarding the latest COVID-19 infections and deaths to the astounding unemployment figures. Although this data might not always be encouraging, it does help paint a picture of what's currently happening in our country. With that in mind, the finance site WalletHub recently conducted a survey of small business owners to...