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.
Small Business News
Square Announces Postmates, DoorDash Integration for POS System
by Fioney Staff
With the growing popularity of food delivery services like Uber Eats, Doordash, and others, some restaurants have found that managing orders has become complicated and requires multiple devices. Now Square is looking to solve that problem by allowing businesses to access multiple platforms in one place. This week the company announced that it was integrating order management for Postmates and Doordash into their Square for Restaurants POS system. In addition...
Small Business Tips
How Personal Finance Bloggers Make Money
by Fioney Staff
Have you ever wondered how bloggers make money? After all, if you've ever looked at pricing for domains, hosting, and other website essentials, you may be led to believe that blogs cost more than they make (which is unfortunately true for the majority of bloggers). However, for those who want to help offset these costs or even grow their income, there are several ways to monetize your site. Let's take...
FinTech News
SEC Suing Kik Over "Kin" Initial Coin Offering
by Fioney Staff
It seems that the United States Securities and Exchange Commission (SEC) is cracking down on initial coin offerings (ICOs). As Bloomberg reports, the agency is now suing the popular messaging app Kik over the 2017 launch of "Kin." That ICO reportedly raised $100 million for the app, but the SEC says the token amounted to an unregistered security, making its sale illegal. In a press release regarding the suit, the...
Small Business News
Small Business Organizations Express Concern Over Latest Tariffs
by Fioney Staff
At a time when small business optimism remains at a historic high, a surprise shift in trade policy could start to threaten that. Last week President Trump announced that his administration would be placing a 5% tariff on all goods imported from Mexico starting June 10th. What's more, the White House's plan calls for that tariff to rise by five percentage points on July 1st, August 1st, September 1st, and...
FinTech News
Wealthfront Raises Cash Account APY to 2.51%
by Fioney Staff
Last week the robo-advisor platform Wealthfront announced that it was increasing the interest rate on its Cash Account to 2.51% — up from 2.29%. According to Bankrate, that makes the offering the "top-yielding account nationwide."
Economic News
President Trump Announces New Tariffs on Goods From Mexico
by Fioney Staff
Another week, another round of trade news. On Thursday night, President Trump announced that his administration would be imposing new tariffs on Mexican imports that are set to take effect in just a couple of weeks. What's more, unlike the more targetted tariffs on Chinese goods that apply to specific types of items, Axios reports that this latest tariff will be imposed on any import from Mexico. In a tweet,...
Small Business News
PayPal Reaches $10 Billion in Small Business Loans
by Fioney Staff
FinTech giant PayPal announced this week that its small business lending had reached a major milestone. In less than five years, the service has now funded more than $10 billion in small business loans. That figure also amounts to upwards of 225,000 businesses around the world receiving funds from the company. Speaking to Forbes, Paypal's vice president of global credit Darrell Esch explained the company's role in the market, saying,...