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.
Personal Finance News
77.5 Million Americans Plan on Car Shopping This Labor Day Weekend
by Fioney Staff
In America, it seems certain holidays become associated with different shopping events — the largest example being the day after (or, in recent years, day of) Thanksgiving sales known as Black Friday. With summer nearing its end one such retail holiday is just around the corner, as Labor Day has become partially synonymous with car buying blowouts. In fact, ahead of the holiday weekend, the personal finance site WalletHub has...
FinTech News
XYPN FinTech Competition Announces Six Finalists
by Fioney Staff
Next month, XY Planning Network will host its fourth annual FinTech Competitionn in St. Louis, Missouri. This year's event drew more than 30 applications from startups looking to improve financial services provided to Gen X and Millennial clients. Now XYPN is announcing that six of these companies have been selected as finalists for the competition. The FinTechs that will go for the gold are Altruist, Anvil, College Aid Pro, Holistiplan,...
FinTech News
Some Libra Backers Reportedly Spooked by Regulatory Scrutiny
by Fioney Staff
Back in June, following months of rumors, Facebook officially unveiled plans for the cryptocurrency Libra. In that announcement it was revealed that, while Facebook was taking the lead on the project and would also be introducing the Calibra crypto wallet, there were several partners that had signed-up to support the token at launch. However since then Libra has drawn criticism from several regulators — and the heat may be getting...
FinTech News
Goldman Sachs, Citi, and JPMorgan Lead U.S. Banks in FinTech Investment
by Fioney Staff
The question of whether FinTechs and banks are friends or foes has been a topic of debate for more than a decade now. Funny enough, the perception of animosity persists despite the two camps regularly partnering with each other. On top of that, several banks have taken to investing in startups and helping them grow. According to Business Insider, JPMorgan, Goldman Sachs, and Citi are currently the largest investors in...
Small Business News
60%+ of Small Business Owners Report High Job Satisfaction
by Fioney Staff
Running a small business is not an easy job by any means. With owners bearing the brunt of responsibilities ranging from quality control to managing employees and much more, entrepreneurs often deal with a lot of stress. Despite that, a recent survey from Finimpact finds that the vast majority of business owners are happy and highly satisfied with their positions. When small business owners were asked how they'd rank their...
Personal Finance News
What Do College Students Know About Credit Cards?
by Fioney Staff
This month, millions of newly-graduated students are setting off to college. For these freshmen, this may be the first time they've left home and will be responsible for making their own day to day decisions — including managing their money. On that note, the personal finance site WalletHub recently released a survey showing what college students do and, more interesting, don't know about credit cards. Headlining the study, WalletHub found...
FinTech News
Visa Expands Fast Track Program for FinTechs to the U.S.
by Fioney Staff
When it comes to FinTech startups, speed is everything. That's why so many firms are focused on hitting the ground running, gaining as many users as possible and catching the attention of VCs to help boost them to the next level. With that in mind, after launching in Europe, Africa, Asia Pacific, Latin America, and the Middle East, Visa has announced that their Fast Track program is coming to the United States....