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
FedEx Announces Ninth Annual Small Business Grant Contest
by Fioney Staff
As small businesses across the nation continue to be impacted by the pandemic, many are looking for any extra capital they can get. With that in mind, FedEx has just announced the launch of its ninth annual Small Business Grant Contest. The promotion will award a dozen small businesses a total of more than $250,000 in cash and services. This year, one grand-prize winner will be awarded $50,000 along with...
Personal Finance
WalletHub Study Finds States with the Cheapest Average Car Insurance
by Fioney Staff
In nearly every state, drivers are required to hold at least a minimum amount of auto insurance coverage. However, the price of this coverage can depend on several factors, including age, driving record, type of vehicle, and more. Additionally, another major factor in determining price is where the vehicle will be parked and driven. With that in mind, the personal finance site WalletHub recently compiled its 2021 study of which...
FinTech News
TomoCredit Raises $7 Million for Unique Credit Card Product
by Fioney Staff
A startup looking to revolutionize the credit-building card market has just earned itself a significant investment. As reported by TechCrunch, TomoCredit has announced that it recently raised $7 million. The seed round included participation from KB Investment Inc., BAM Ventures, Knollwood Investment Advisory, Strong Ventures, Passport Capital, Ulu Ventures, and Barclays — with the FinTech also being a Barclays Accelerator alum. Additionally, angel investors as well as individual investors Arlan...
Small Business News
Survey Finds 28% of Small Businesses Don't Have Websites
by Fioney Staff
Does your small business currently have a website? If not, you're actually not alone. According to a new survey of 500 small business owners conducted by Top Design Firms, 28% of small businesses do not have a website of their own. However, 44% of those respondents without business sites state they intend to create one sometime this year. Turning to the 71% of businesses that do manage their own websites,...
Credit Card News
Jasper Mastercard Unveils New Reward Program Tying Cashback Rate to Referrals
by Fioney Staff
In today's economy, there are several ways that credit card issuers aim to entice consumers into carrying their products. Typically, this starts with some sort of sign-up bonus and continues with either cashback, miles, or points earned on purchases cardholders make. However, companies like Jasper are looking to shake up this model a bit by introducing different ways for users to earn. Now, the company has rolled out a new...
FinTech News
Cloud Accounting Startup Lockstep Announces $10 Million Round
by Fioney Staff
In a sea of digital banking services and budgeting apps, it's easy to forget how large the scope of FinTech actually is. Additionally, while many startups are focused on P2P, there are plenty of financial needs in the B2B space as well. Enter Lockstep — a cloud accounting startup aiming to help businesses manage their cash flow and invoices. Now, the company has announced a new round of funding that...
FinTech News
Bitcoin Soars to Record High As Tesla Announces Plans to Accept the Cryptocurrency
by Fioney Staff
Just as Bitcoin ended 2020 in style, it seems to be having an even better 2021. Although the asset remains volatile, it's seen a fairly steady rise in recent months — a far cry from the crash observed just a few years earlier. Now Bitcoin is getting another boost in both price and endorsement as Telsa has announced a major purchase of the cryptocurrency. As CNBC report, an SEC filing...