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.
Small Business News
Small Business Startup Sentiment Index Reaches 52-Week High
by Fioney Staff
With many small businesses being greatly impacted over the past year, is it possible that would-be business owners could be turned off to the idea? A new survey suggests that this may not be the case as optimism among potential small business buyers continues to climb higher. Each month, FranchiseInsights compiles the Small Business Startup Sentiment Index based on responses from aspiring and current business owners. The latest survey (which...
FinTech News
Plaid Raised $425 Million After Visa Deal Falls Through
by Fioney Staff
If you've used any number of financial apps over the past few years, there's a strong chance that you've encountered the name Plaid. The firm's API allows applications to securely connect to users' banking accounts and retrieve read-only data, enabling aggregation tools among others. This technology has allowed Plaid to grow into one of the largest and most notable FinTechs — and has now garnered them an investment mega-round. Today,...
Checking Account Review
Money at 30: Betterment Checking and Cash Reserve Review
by Fioney Staff
A couple of years ago, a number of FinTechs of all stripes went through a phase where they decided to launch high-yield savings accounts along with debit cards. Among those joining this trend was Betterment, which is mostly known for its roboadvisor platform. After hearing about these offerings for a while, I finally joined Betterment when they were offering a bonus through Rakuten. Sadly, those deals are currently no longer...
Personal Finance
2021 Debt.com Survey Highlights Pandemic-Era Consumer Credit Card Spending Habits
by Fioney Staff
As the United States continues to work towards a post-pandemic economy, Debt.com has released a new survey looking at how the event has impacted the way consumers utilize their credit cards. First, 90% of those surveyed used credit cards compared to only 10% who didn't. Of those who do, 42% expect that they'll continue to observe the cutbacks they've made to their credit card spending during the pandemic. However, one-third...
FinTech News
SoFi to Launch IPO Investing Feature for Customers
by Fioney Staff
For many years, while everyday investors may have heard about upcoming initial public offerings (IPOs), buying shares at the original asking price was a right reserved for much larger investors. This reality has remained even as the popularity of retail investment apps has risen. Well, at long last, it seems this could be changing as SoFi recently announced that customers will be able to request shares/units for upcoming IPOs using...
Best of the Web
Top 10 Personal Finance Articles of the Month — March 2021
by Fioney Staff
It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. This month, we'll start with a look at some different and interesting money perspectives. After that, we'll focus on cutting spending. Then, we'll close things out on the topics of being ahead on bills, moving, and more. As usual, this month’s list includes a couple...
Credit Card News
Aspiration Announces Earth-Friendly Aspiration Zero Credit Card
by Fioney Staff
Since its debut in 2015, Aspiration has made a name for itself thanks to its "Do Well, Do Good" approach to financial services. With savings, checking, and investments accounts that promise both customer and Earth-friendly practices, the company has continued to gain fans — even earning investments from Leonard DiCaprio as well as Robert Downey Jr.'s Footprint Coalition Ventures among others. Now the eco-centric brand is preparing to launch a new...