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.
Homes
Lessons From a First-Time Home Buyer: How FICO's New Tool Could Benefit Mortgage Applicants
by Kyle Burbank
Applying and getting approved for a mortgage can be a lengthy process. As I learned, this is especially true if you're self-employed — but it could also be a challenge given your credit situation. On that note, FICO is apparently rolling out a new tool to mortgage lenders that will hopefully enable them to give applicants more specific advice and direction while working to provide them with more and better...
FinTech News
Subcontractor Financial Solution Platform Billd Raises $17.5 Million
by Kyle Burbank
A platform that focuses on the financing for subcontractors has raised a new round of funding itself. About the round: This week, Billd announced that it had raised $17.5 million in "strategic funding." The round was led by LL Funds as well as MissionOG. RJT Credit, Ulysses Management, and HighSage Ventures also participated. Previously, Billd raised a $30 million Series B in 2021 and a $60 million Series A in...
Credit Card Tips
American Express Gold Card: How to Use the Resy Credit
by Kyle Burbank
When American Express debuted its revamped Gold Card this summer, one of the biggest additions was a $100 credit for Resy. For those unfamiliar, Resy is a restaurant reservation platform that Amex acquired back in 2019 — so it makes sense that the card company would want to leverage the service and make it a larger feature of their dining-centric credit card. In any case, there are a few interesting...
FinTech News
Robinhood Introduces Presidential Election Market Event Contracts
by Kyle Burbank
Robinhood is launching its derivatives business by allowing some users to essentially bet on the results of the 2024 presidential election. About the Presidential Election Market: Earlier this month, Robinhood revealed plans to launch index options as well as futures trading. Both of these features come from Robinhood Derivatives (RHD). Now, RHD has announced event contracts — starting with those tied to the upcoming United States Presidential Election. Starting this...
Credit Card News
Bilt Rent Day November 2024 Features British Airways Bonus
by Kyle Burbank
For November 2024's Rent Day, Bilt is putting a new twist on one of its famed transfer bonuses — and even adding a pre-Rent Day deal to the mix. About the Rent Day November 2024 features: On November 1st, Bilt members who transfer their points to British Airways can earn a transfer bonus. In a departure from several past transfer bonuses, it seems that the bonus that members will receive...
Credit Card News
CFPB Fines Apple and Goldman Sachs Combined $89.8 Million
by Kyle Burbank
The Consumer Financial Protection Bureau (CFPB) is taking action against both Apple and Goldman Sachs regarding failures related to the Apple Card. About the order: The CFPB has ordered Apple and Goldman Sachs to pay a combined $89.8 million due to customer service issues and other alleged missteps with the Apple Card. These fines include at least $19.8 million in redress and $45 million in civil money penalties for Goldman...
FinTech News
Rate Introduces AI-Powered "Rate Intelligence" Platform
by Kyle Burbank
The mortgage service Rate has announced its latest FinTech feature: Rate Intelligence. About Rate Intelligence: This week, Rate formally announced its Rate Intelligence platform. The new tool is the result of the company's partnerships with Gateless and Prajna. Additionally, Rate says it invested more than $100 million on the project between technical developments and the aforementioned strategic partnerships. The Rate Intelligence platform includes automated income and asset verification tools that...