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
Bitcoin Reaches New Record High, Topping $66,000
by Fioney Staff
After a series of ups, downs, and overall volatility that it's known for, Bitcoin had reason to celebrate this week. On Wednesday, October 20th, Bitcoin reached a new record high after breaking through the $65,000 mark. Furthermore, as of this writing, BTC is now trading above $66,000. Prior to this, the record was recorded at $64,889 set on April 14th, 2021. The rise in prices comes as the Proshares Bitcoin...
Small Business News
American Express Revamps Platinum Business Card, Hikes Annual Fee
by Fioney Staff
Earlier this year, American Express updated its iconic Platinum Card, adding new benefits while also increasing the annual fee. Now, it's the Business version of the card's turn for a refresh. Recently, Amex announced a new slate of perks for Business Platinum, including new rewards categories, credits, and more. The first update to the Business Platinum comes to its Membership Rewards earning potential. In addition to earning 1.5x points on...
FinTech News
GoHenry Introduces 'Money Missions' Encouraging Financial Education
by Fioney Staff
After raising $40 million late last year and expanding into the United States, the kid-centric FinTech app GoHenry has now added a significant feature to its platform. This week, the app announced the debut of Money Missions. With Money Missions, children can learn about various personal finance topics while earning points and leveling up as they complete lessons. Among the categories covered are money basics, earning, saving, investing, responsible spending,...
Credit Card News
Cardless Launches Boston Celtics Credit Card
by Fioney Staff
The FinTech Cardless has just revealed its latest product. This time around, the company has partnered with the famed Boston Celtics to create the aptly named Boston Celtics Credit Card. In terms of rewards, fans can earn 7x points on Celtics tickets as well as on rideshare and streaming service purchases. Additionally, the card offers 4x points on dining, 2x points at grocery stores and drug stores, and 1x points...
Economic News
Gas Prices Continue to Rise Nationally as Oil Prices Surge
by Fioney Staff
Oftentimes, when the autumn season starts, motorists may notice that gasoline prices fall along with the leaves and temperatures. Unfortunately, this year seems to be bucking that trend. Instead, despite the summer road trip season ending, gas prices continue to inch upwards. According to data from the app GasBuddy (which includes price reports from more than 150,000 stations), the national average for gas rose to $3.25 per gallon this week....
Small Business News
DoorDash, Hello Alice Introduce Restaurant Disaster Relief Fund
by Fioney Staff
Over the past year, independent restaurants have not only had to endure the effects of the pandemic but some have also experienced losses due to natural disasters. From wildfires in California to flooding in Louisiana, several small businesses have continued to be challenged by Mother Nature. In response, DoorDash and Hello Alice have introduced the Restaurant Disaster Relief Fund. According to Federal Emergency Management Agency (FEMA) data, 40% of small...
Credit Card News
U.S. Bank Creates Secured Versions of Altitude Go and Cash+ Cards
by Fioney Staff
One of the ironies of the current credit system in the United States is that those who have the best credit get the greatest rewards. However, that's starting to shift as more credit card issuers introduce products aimed at assisting those without excellent credit. Now, U.S. Bank has released two new secured credit card options that boast great rewards for cardholders. With the U.S. Bank Altitude Go Visa Secured Card...