Fioney Staff, Author at Fioney - Page 77 of 155

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.
HighRadius workflow diagram
FinTech News

HighRadius Announces $300 Million Funding Round

by Fioney Staff
When it comes to FinTech, some of the most well-known companies are those that consumers interact with on a regular basis. These include the likes of Square, PayPal, SoFi, Robinhood, etc. However, it's often the startups that operate "behind-the-scenes" — such as Plaid, Stripe, and others — that actually attract the largest investments. Case in point: HighRadius, which offers AI-powered Order-to-Cash and Treasury Management software, has just closed a mega...
adding money to a piggy bank
Small Business News

Survey: 62% of Small Businesses Retain In-House Accounting

by Fioney Staff
For many entrepreneurs, one of the most daunting tasks of running a business is maintaining financial records and other accounting needs. Because of this, it's common for business owners to outsource these needs. However, a new survey shows that a somewhat surprising number of smaller businesses utilize an in-house accounting team. According to a survey from Clutch (conducted between 2018 and 2021), 62% of small businesses rely on in-house accounting...
Paypal Checkout With Cryto logo
FinTech News

PayPal Introduces "Checkout with Crypto" Option

by Fioney Staff
Over the past few months, cryptocurrencies have seen tremendous growth not only in terms of price but also in mainstream acceptance. The latest example of this comes from PayPal, which just announced the rollout of their Checkout with Crypto feature. With Checkout with Crypto, buyers will have the option to pay for their purchases using four currently-supported assets: Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. Notably, they will only be able...
Credit Cards and a lock
Economic News

Leading U.S. Credit Card Issuers Cut Limits by $99 Billion in 2020

by Fioney Staff
As the COVID-19 pandemic began to tighten its grip on the United States, leading to closures and lockdowns across the country, many feared for the economic worst. Indeed, the following weeks brought massive job losses and stock market volatility. Now, figures show that as this economic uncertainty was spreading, creditors were also slashing spending limits for some consumers. According to a report from Bloomberg, the 14 top credit card issuers...
TD Bank Double Back Rewards Card
Credit Card News

TD Bank Introduces Double Up 2% Cash Back Credit Card

by Fioney Staff
One common complaint among those who are skeptical of credit cards rewards is that the earning structure some of these options offer is too complicated. Between category specific multipliers and rotating bonus categories, it's understandable that some would prefer a more straightforward solution. Enter the new TD Double Up Card — a new product from TD Bank that allows cardholders to earn up to 2% cashback on every purchase they...
FinTech News

Bitcoin Rewards Platform Lolli Raises $5 Million From VCs, Celebrities

by Fioney Staff
With Bitcoin continuing to show strength (despite a few ebbs this week), another startup in the crypto space has announced a new round of investment. This week, the Bitcoin rewards platform Lolli announced that it had secured $5 million in funding. The "pre-Series A" round included participation from firms Seven Seven Six and Night Media. Additionally, celebrities including Casey Neistat, Philip DeFranco, and many other individuals participated alongside sports hero...
Robinhood logo
FinTech News

Robinhood Files Paperwork for Planned Initial Public Offering

by Fioney Staff
One of the largest, most popular, and often controversial FinTechs is apparently getting ready to go public. This week, Robinhood announced that it had confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC). While this filing confirms the company's eventual plans for an initial public offering, the SEC will need to complete a review process first. In turn, the number of shares to...
Revolut debit card
FinTech News

Revolut Applies for U.S. Bank Charter

by Fioney Staff
Another FinTech app has announced that it's looking to become a bank. As TechCrunch reports, London-based Revolut has filed a draft application with the California Department of Financial Protection and Innovation as well as the Federal Deposit Insurance Corporation (FDIC). If granted, the charter would allow Revolut to offer a greater number of financial services on its own. Currently, Revolut partners with Metropolitan Commercial Bank for its U.S. debit products...
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Checking Account Review

2025 SoFi Checking and Savings Review

by Kyle Burbank
 Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. That was later sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind is SoFi’s acquisition of Golden Pacific...
Travelers with two Best Western Credit Cards
Credit Card News

Best Western Debuts Two New Rewards Credit Cards

by Kyle Burbank
After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation
Credit Card News

Marriott Bonvoy Bold Card Launches Travel Contest

by Kyle Burbank
Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos
Credit Card News

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

by Kyle Burbank
Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
PayPal Debit Card app
Checking Account Review

PayPal Debit Card Review: Earn Stackable 5% Cash Back

by Kyle Burbank
In recent weeks, PayPal debuted an updated debit card product (perhaps you've seen the incessant Will Ferrell commercials for it during football games?). With the launch of this card, the company known for online payments is encouraging customers to pay with them anywhere. To encourage such behavior, the debit card allows cardholders to earn 5% cashback — although, as you can imagine, there are some important restrictions on that. So,...