Kyle Burbank
Head Writer ~ Fioney
Kyle is the head writer for Fioney. He is a personal finance nerd, constantly looking for new apps and services to test and incorporate into his own financial game plan.
In addition to his role at Fioney, he's written for other publications including Born2Invest, Lifehack, and Laughing Place, as well as his own site Money@30. He also creates personal finance and travel-related videos for Fioney's YouTube channel, which has garnered more than 2 million views.
Currently, Kyle resides in Springfield, Missouri with his wife of 10 years. Together, they enjoy traveling (including visiting Disney Parks around the world), dining, and playing with their dog Rigby.
FinTech News
Crypto Payments Startup BoomFi Raises $3.8 Million
by Kyle Burbank
A FinTech that looks to help merchants accept and convert cryptocurrencies has closed a new round of funding. About the round: This week, BoomFi announced that it had raised $3.8 million. The seed round was led by White Star Capital along with participation from Passion Capital, Blockchain Founders Fund, Kraken Ventures, GSR, Aquanow, and Mantle Network among others. With the new funds, the company says it will work to transform crypto...
Credit Card News
Chase Introduces Freedom Rise Card for New-to-Credit Customers
by Kyle Burbank
Chase's popular Freedom line of rewards credit cards is growing. This week, the bank announced the debut of the Freedom Rise card. However, in contrast to some of the issuer's other products, the Rise card is specifically aimed at new-to-credit customers. About the Chase Freedom Rise: First, the Chase Freedom Rise will allow cardholders to earn 1.5% cashback on all purchases and there's no minimum rewards redemption requirement. The card...
FinTech News
Robinhood to Delist Three Coins Amid SEC Crackdown
by Kyle Burbank
Over the years, the stock trading app Robinhood has gained an increased focus on cryptocurrencies. This includes adding support for new tokens, introducing built-in wallets to the app, and debuting a standalone, non-custodial Web3 wallet among other efforts. However, the company is now taking one slight step back by removing support for three previously-supported assets. About the delisting: This morning, Robinhood announced that it would be delisting three coins: Cardano...
Small Business News
Survey: Two-Thirds of Small Businesses Expecting Recession
by Kyle Burbank
A new survey from Nationwide finds that small businesses in the U.S. are increasingly growing concerned about the economy — even as they continue to roll back pandemic-era cost-cutting measures. The survey results: Headlining Nationwide's survey is the fact that 68% of respondents stated that they expected a recession to hit within the next six months. What's more, of those small businesses who anticipated a recession, 71% predict that it...
FinTech News
Roboadvisor Wealthfront Introduces Automated Bond Portfolio
by Kyle Burbank
Roboadvisor platform Wealthfront is continuing to expand its product offerings with the debut of a new bond portfolio option. About the feature: This week, Wealthfront announced the official launch of its Automated Bond Portfolio. As the FinTech explains, the first-of-its-kind portfolio combines Treasury and corporate bond ETFs. The result is a portfolio meant to deliver higher yields than savings accounts while retaining a lower risk than other equities. As with...
Credit Card Tips
Why I Don't Autopay My Credit Cards
by Kyle Burbank
One of the best features of personal finance in 2023 is the ability to automate several aspects of your financial life. In fact, some have said that doing so is one of the keys to mastering money. For the most part, I agree with this as I've seen the benefits of automated savings, investing, etc. Furthermore, nearly all of my regular recurring bills are set to autopay. Well, that is...
Personal Finance News
70% of First-Time Homebuyers See Ownership as Wealth Building
by Kyle Burbank
The past few years have proven to be an interesting time for those looking to buy a home. Between a global pandemic and interest rates flipping from record lows to multi-year highs, some might have assumed that episode would only further grow the cohort of Americans who were content to rent indefinitely rather than buy. However, a new survey from Chase finds that a significant number of those who don't...