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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Top 10 Personal Finance Articles of the Month — August 2019
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 August proving to be a volatile month on the stock market, we'll start things off with some investment-related articles. From there we'll take a look at a couple of side hustle and passive income pieces followed by everything from couples money and homebuying to...
FinTech News
FinTech Giant Stripe Launches Stripe Capital
by Fioney Staff
For years Stripe has been one of the largest names in FinTech. With a valuation of $22.5 billion, the payments company is more than a unicorn — it's a behemoth. However that doesn't mean it's done growing yet. This week the company announced it was expanding into small business lending with the launch of Stripe Capital. One of the biggest benefits Stripe is pushing with the lending options is speed....
Economic News
ADP Report Shows 195,000 Payrolls Added in August
by Fioney Staff
Although fears of a recession have been in discussion for the better part of a year or more, that talk has heated up in recent weeks. From trade wars to inverted curves, there have been reasons to worry, leading The New York Federal Reserve to peg the chances that a recession hits in the next 12 months at 39% (according to CNBC). At the same time, as a new report...
FinTech News
SoFi Invest Adds Support For Crypto Trading
by Fioney Staff
To the surprise of just about no one, the cryptocurrency ride continues to be a bit wild in 2019. Just this week or so the price of Bitcoin managed to fall below the important $10,000 level only to rebound a few days later. Nevertheless the growing popularity of crypto has various companies looking to make Bitcoin and others easier for everyday people to purchase and sell. In that vein, today...
Small Business News
Small Business Lender Funding Circle Closes $198 Million Securitization
by Fioney Staff
Even as small business lending approval rates have continued to tick upward since the Great Recession, alternative lenders have proven vital in helping businesses obtain the capital they need. These online lenders have taken on many forms — from utilizing peer to peer technology to developing unique algorithms for processing applications — but, in each case, they've provided entrepreneurs with faster access to funds. Now one marketplace lender, Funding Circle,...
FinTech News
Houston's Rice University Offering FinTech Boot Camp
by Fioney Staff
With the FinTech industry continuing to expand, the sector seems poised to be a source of job growth for years to come. Just as coding has been billed as a future-ready skill, being versed in these financial technologies is also anticipated to be a benefit for workers. With that in mind, Rice University’s Glasscock School of Continuing Studies in Houston, Texas is offering a FinTech Boot Camp to teach students...
Personal Finance News
Average Millennial Auto Debt Rises in Q2 2019
by Fioney Staff
As we recently learned, this holiday weekend, a great number of Americans will be shopping for new vehicles. While this time of year might offer some strong deals and incentives, it seems that many Millennial car buyers are taking on more auto debt than they have in recent years. In fact a new report by Experian finds that the average balance for consumers of this generation is on the rise....