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
Varo Bank Expands Its Cashback Program "Perks"
by Fioney Staff
These days, there are plenty of ways for shoppers to save money. From digital coupons to price comparison tools, buying online definitely has its advantages. On top of that, in recent years, cashback marketplaces have become increasingly common, allowing consumers to earn a percentage of their purchase back as a rebate just for using specific links or using a particular card in-store. That was also the basic idea behind the...
FinTech News
DeFi Analytics Platform Treehouse Financial Raises $18 Million
by Fioney Staff
As decentralized finance (DeFi) grows in popularity, the number of consumers looking to get involved has grown considerably. Of course, that can require a bit of a learning curve. In turn, FinTechs that make the space more approachable have not only found success with customers but also investors. Such is the case with Treehouse Financial, which just announced its latest funding round. This week, Treehouse announced that it had raised...
Credit Card News
BMO Harris Bank Announces Refreshed Cash Back Mastercard
by Fioney Staff
In the world of rewards credit cards, the term "refresh" can often go one of two ways. Occasionally, the changes completely alter the card's target market or its usefulness to certain cardholders. Yet, in other cases, the card actually becomes more competitive and beneficial to customers. That latter example is the case for the BMO Harris Bank Cash Back Mastercard, which just announced that enhanced reward categories and more will...
FinTech News
Credit-Building Platform Stellar Raises $7 Million Seed Round
by Fioney Staff
Thanks to the current FinTech landscape, there are now several ways of establishing credit. This includes options such as credit-builder loans, debit cards that act as secured credit cards, and even regular credit cards and loans that utilize alternative decision-making methods. Now, a startup with yet another idea on how to help consumers improve their finances has garnered a significant investment. This week, Stellar announced that it had raised $7...
FinTech News
Stilt Raises $114 Million, Launches "Credit-as-a-Service" Platform Onbo
by Fioney Staff
When looking at the FinTech industry, a recurring theme is the idea of bringing financial services to those who have traditionally been without such offerings. This includes making banking, investing, and lending products more accessible overall. Now, a startup with a focus on these very goals is raising money towards its efforts, while also rolling out a new platform that will expand its reach. This week, Stilt announced that it...
Economic News
Inflation Reached 7.9% in February, Highest YOY Increase in 40 Years
by Fioney Staff
American consumers who feel as though they're spending more and getting less these days aren't alone. In recent months, inflation has been a significant concern as prices on everyday items have steadily risen. Indeed, a new report shows inflation on the rise once again — and there are reasons to fear that things could climb even more. Today, the Bureau of Labor Statistics released its latest report, showing that the...
FinTech News
Aspiration Partners with Lime to Support Tree Planting with Every Ride
by Fioney Staff
Those looking to zip around cities on an electric scooter will soon have a chance to make an even larger positive environmental impact thanks to a popular FinTech. Today, the neobank Aspiration announced a partnership with shared electric vehicle company Lime that will see the two companies working together to fight climate change. Now, those renting Lime vehicles will have the opportunity to fund the planting of a tree with...