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.
Credit Card News
Venmo and Synchrony Introduce Venmo Credit Card
by Fioney Staff
Nearly a year after it was first teased, the Venmo Credit Card is finally here. The famed peer-to-peer payments platform is launching the new card in partnership with Synchrony that will operate on the Visa network. Somewhat akin to the Apple Card, the Venmo customers will be able to manage their card via the Venmo app, including the ability to split purchases with friends or family. Users will also be...
FinTech News
Macy's Invests in Swedish FinTech Klarna
by Fioney Staff
When it comes to investment in FinTech, it's typically various venture capital firms fronting the money. However, every once in a while, a different kind of investor steps up to the plate. That's the case with Klarna, which just revealed a deal with a major U.S. department store chain. This week, famed retailer Macy's announced that it was investing in Sweden-based FinTech Klarna — although the size of the investment...
Economic News
Nearly 9 Million Americans May Still Have Unclaimed Stimulus Checks
by Fioney Staff
Earlier this year, as the COVID-19 pandemic all but shut down the United States, the CARES Act authorized direct payments of up $1,200 per adult in an effort to stimulate the economy and keep families afloat. While these checks and direct deposits began being sent out back in April, it seems that some may still be owed their funds. In fact, millions of Americans may still quality for payments —...
Best of the Web
Top 10 Personal Finance Articles of the Month — September 2020
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 by looking at the topic of investing. Then, we'll fast forward to retirement as well as explore financial freedom in general. Lastly, we'll cover millionaire habits, minimalism, money shame, and more. As usual, this month’s list includes a couple Dyer News...
Credit Card News
United Introduces No-Annual-Fee Gateway Card
by Fioney Staff
Even as the travel industry continues to strain under the weight of the COVID-19 pandemic, airlines, hotel chains, and credit card issuers are preparing would-be travelers for future adventures. In recent weeks, Emirates launched a pair of co-branded credit cards for U.S. consumers, Hotels.com unveiled new rewards cards, and Wyndham refreshed their card offerings to appeal to travelers of all stripes. Now, another airline is rolling out a new credit...
FinTech News
Gamified Savings Account Yotta Savings Raises $3.3 Million
by Fioney Staff
Can a savings accounts that come with a chance to win a lottery jackpot change the way American consumers save? That's what Yotta Savings is betting on — and now so are several venture capital firms. As Crunchbase reports, Yotta has just closed a $3.3 million seed round. In addition to some angel investors, the round included participation from Slow Ventures, FundersClub, TwentyTwo VC, Chapter One, CapitalX, and Y Combinator. Notably, Yotta previously graduated from Y...
Small Business News
Survey Finds Majority of Business Owners Feel Prepared for Another COVID-19 Wave
by Fioney Staff
With autumn approaching, fears that the current coronavirus pandemic will worsen continue to grow. However, armed with more experience and some enhanced technologies, small business owners are feeling better about handling things this time around. According to a survey from Comcast Business, 78% of small business owners say their businesses are prepared to handle an increase in COVID-19 cases. Leading this confidence were changes businesses made to the way they...