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
Robinhood to Launch Retirement Investment Accounts
by Fioney Staff
Over the years, fans of the FinTech app Robinhood have gained a reputation (accurate or not) for being risky and impulsive market players. However, the company will soon look to promote long-term investments by introducing retirement accounts on the platform. During a third quarter earnings conference call with investors, co-founder CEO Vlad Tenev formally announced plans to roll out Robinhood Retirement accounts soon. Specifically, Teniv stated that the company is...
Personal Finance News
Alaska Airlines and Lyft Announce Partnership, Miles Promotion
by Fioney Staff
With the holiday travel season on the horizon, Alaska Airlines and Lyft have announced a new partnership that will allow riders to add to their Mileage Plana accounts. Through December 31st, customers who link their Alaska Airlines Mileage Plan and Lyft account can earn 2 miles per dollar spent on Lyft rides. After that date, the regular earning rate of 1 mile per dollar spent will be implemented. Rewards can...
FinTech News
"Smart Wallet" Tool Kudos Raises $7 Million
by Fioney Staff
A FinTech that aims to help online shoppers choose the best credit card for their purchase has just raised a significant early funding round. Recently, Kudos announced that it had raised $7 million as it launches its "smart wallet" browser extension. The seed round was led by Patron and included participation from QED Investors, SciFi VC, SV Angel, Precursor Ventures, Newtype Ventures, and Chingona Ventures. More than 40 angel investors...
Credit Card News
Amtrack Relaunches Guest Rewards Mastercards with FNBO
by Fioney Staff
Those who prefer to travel by train may be interested in a pair of rewards credit cards that are once again available. Today, Amtrak announced the arrival of two options: the Amtrak Guest Rewards Mastercard and the Amtrak Guest Rewards Preferred Mastercard. Both products are now being issued by First National Bank of Omaha (FNBO) after previously being offered by Bank of America. Starting with the no-annual-fee Amtrak Guest Rewards Mastercard,...
Small Business News
Holiday Spending at Small Businesses Could Reach $88 Billion
by Fioney Staff
With Halloween just a weekend away, the focus will quickly be shifting to the holiday season. For small business owners, that likely means looking forward to a surge in sales, including from retail holidays such as Small Business Saturday. On that note, a recent survey highlighted potential good news for smaller retailers, even amid inflation and economic worries. According to a survey from Intuit QuickBooks, consumers intend on spending 40%...
FinTech News
Upgrade Introduces Premier Savings Account with 3.50% APY
by Fioney Staff
Throughout this year, interest rates have skyrocketed thanks to a series of aggressive moves from the Federal Reserve. While this is bad news for those borrowing funds, it also means that the interest consumers are earning from savings accounts has also been on an upward swing. Now, the FinTech Upgrade is unveiling a high-yield savings account with one of the highest APYs available. Upgrade has launched its Premier Savings account,...
Personal Finance News
Amazon to Add Venmo Payment Option Ahead of Black Friday
by Fioney Staff
Those shopping online this holiday season could see a new payment option pop up on an uber-popular retail site. Today, Amazon announced that it would soon offer Venmo as a payment option on its site and within its mobile app. While this feature will begin to be available to select users starting today, the company expects it to be open to all customers in the United States by Black Friday....