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
BNPL Platform Afterpay Introduces Monthly Payment Option
by Fioney Staff
The rise of "buy now, pay later" — or BNPL — platforms in recent years has been well documented. Seen as an alternative to credit cards, the appeal of these services is the ability to finance purchases by making a series of payments (usually four) while not worrying about interest or other fees. Now, AfterPay is expanding beyond this core payment plan by introducing a monthly payments option. First, the...
FinTech News
Crypto Checking Account Juno Closes $18 Million Series A
by Fioney Staff
Despite the so-called "Crypto Winter" continuing, a FinTech that bills itself as a checking account for crypto natives has just secured a significant investment. This week, Juno announced that it had raised $18 million in funding. The Series A was led by ParaFi Capital’s Growth Fund with additional participation from Hashed, Jump Crypto, Uncorrelated Fund, Greycroft, Mithril, Antler Global, 6th Man Ventures and Abstract Ventures. Previously, the company closed a...
Credit Card News
Hawaiian Airlines Introduces Enhanced Bag Benefit for Cardholders
by Fioney Staff
When it comes to travel credit cards, there are several routes that consumers can take. For some, a generic catch-all card may make sense, while others may prefer to leverage their brand loyalty by adding a co-branded travel card to their wallet. With the latter, travelers can often enjoy perks specific to their preferred airlines or hotel, allowing them to save money and/or time. Case in point: Hawaiian Airlines and...
FinTech News
Debt Payoff App Tally Raises $80 Million
by Fioney Staff
A well-known FinTech app that offers debt consolidation to consumers has just secured a major investment. Today, Tally announced that it had raised $80 million in its latest funding round. The Series D was led by Sway Ventures, while Menora Mivtachim along with previous investors Kleiner Perkins, Andreessen Horowitz, Shasta Ventures, Cowboy Ventures also participated. With the new funding, Tally plans to further expand its debt pay-down platform and continue...
Credit Card News
Bilt Rewards Announces Rent Day Offers, Increased Earning Rates
by Fioney Staff
Six months ago, the Bilt Mastercard became available to more consumers after Wells Fargo came aboard to issue the card. Since then, the unique rewards card has continued to expand its offerings, including debuting its own travel portal and adding travel transfer partners. Now, Bilt has unveiled its Rent Day promotion, that will bring new benefits and perks to cardholders. The Bilt Mastercard is a rewards credit card that, most...
FinTech News
Tongo Closes $7 Million Seed Round
by Fioney Staff
For most Americans, there's predictability that comes with their paychecks. After working their hours, they receive pay for that work within a couple of weeks. However, real estate agents traditionally haven't enjoyed such a schedule as their pay depends on a home sale to close. That's something the FInTech Tongo is looking to change — with the startup recently raising money to help fuel its growth. This week, Tongo announced...
Credit Card News
Chase to Issue DoorDash Co-Branded Rewards Mastercard
by Fioney Staff
When the pandemic hit the United States in early 2020, the use of food delivery services skyrocketed. Along the way, consumers may have seen their loyalty for certain platforms grow. On that note, today, Chase and DoorDash announced plans to introduce a co-branded credit card. While details on the DoorDash Rewards Mastercard were not yet revealed, the press release for the product did note that cardholders will be able to...