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.
Credit Card News
Chase and IHG Refresh Credit Card Line-Up, Add Business Credit Card
by Fioney Staff
When it comes to hotel chains, the Hiltons and Marriots of the world seem to get the most attention — including when it comes to co-branded credit cards. However, many forget that IHG is actually one of the top hotel groups in the world. Now, perhaps in a bid to re-establish some of its dominance, IHG has announced a complete refresh of its co-branded card line-up, which is issued by...
FinTech News
Jeeves, A FinTech Startup for Startups, Raises $180 Million
by Fioney Staff
Following a record-breaking 2021, FinTech continues to show strength so far in 2022. Continuing that trend, a startup that offers banking-as-a-service products to other startups has closed a new megaround. Last week, Jeeves announced that it had closed an oversubscribed $180 million round. The Series C was led by Tencent along with participation from GIC, Stanford University, Andreessen Horowitz, CRV, Silicon Valley Bank, Clocktower Ventures, Urban Innovation Fund, and others. Impressively, this...
Small Business News
Bank of America Introduces New Secured Credit Offerings
by Fioney Staff
Just like many Americans, small business owners may find that their credit could use some improvement. Unfortunately, establishing positive credit can be a bit of a Catch 22. Additionally, by not using credit cards, entrepreneurs could be missing out on rewards that could then be used to reinvest in their businesses. With that in mind, Bank of America has announced new secured credit offerings, including the launch of a secured...
FinTech News
SoFi Debuts Auto Crypto Purchase Option for Direct Deposit Customers
by Fioney Staff
Despite some turbulent times, cryptocurrencies remain a popular topic and investment. In turn, the FinTech leader SoFi has announced a new feature that will allow customers to automatically invest in crypto when they receive direct deposit funds. With the new feature, SoFi Invest customers who also use the recently-launched SoFi Checking & Savings will be able to select a portion of each paycheck to be used to purchase crypto assets....
Small Business News
Small Business Accounting Platform Named Finally Raises $95 Million
by Fioney Staff
For small business owners, managing finances can be one of the most challenging and confusing tasks. Between worrying about cash flow, taxes, invoicing, and bookkeeping, there's plenty for entrepreneurs to concern themselves with — often taking them away from other business tasks. That's a big reason why a growing number of FinTechs have worked to create solutions for these small businesses. Among them is a company called Finally, which recently...
FinTech News
Robinhood Announces Cash Card, Replaces Cash Management Offering
by Fioney Staff
More than two years after Robinhood officially launched its Cash Management account, the popular investment app is set to replace it with a new offering. Today, the company announced the impending debut of the Robinhood Cash Card. With the new card, users will be able to earn rewards and automatically grow their investment portfolio while making everyday debit purchases. According to a blog post on the company's site, the Robinhood...
FinTech News
Insurtech Giant Policygenius Closes $125 Million Round
by Fioney Staff
As the FinTech sector has expanded over the years, new subsections of the space have grown as well. Among them is the "insurtech" field, which not only features startups offering traditional insurance products via new means but also features other businesses looking to improve the insurance-buying process through aggregation. One of the largest names in the latter category is Policygenius. Now, continuing to show its dominance, the platform has raised...