Category: Personal Finance
Personal finance and money management can be very confusing. Most people know that optimizing their finances is important but few feel confident that they have the knowledge to do so.
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Personal Finance
How to Convert to a Roth IRA — And Why You Might Want To
by Fioney Staff
Running through the pros and cons of various retirement savings options can be a bit overwhelming for anyone — let alone those who are young and perhaps considering such tools for the first time. While most workers are likely to just sign up for their employer's 401(k)s, others may eventually decide to add an IRA to the mix. However, even then, they may end up selecting a Traditional IRA when... Personal Finance
Major League Soccer and Neobank Avant Form Partnership
by Fioney Staff
A professional sports league and a FinTech are teaming up to bring fans a new credit card offering. This week, the "credit-first neobank" Avant announced that it had entered into a multi-year partnership with Major League Soccer. As part of that deal, the company will soon be launching a co-branded credit card called the MLS Forward card. Avant will also be featured at MLS events and will become a Presenting... Personal Finance
Cardless Partnering with American Express for Future Cards
by Fioney Staff
A growing digital credit card disruptor and one of the top card issuers in the United States have announced a team up. This week, the FinTech startup Cardless revealed that it had reached a new agreement with American Express. Under this partnership, brands will be able to launch digital-first credit card offerings that utilize the "benefits, offers, and security" of the Amex network. Additionally, while financial figures were not disclosed,... Personal Finance
FinTech Funding Falters in Second Quarter of 2022
by Fioney Staff
Following a record-breaking year in 2021, FinTech deals have taken a tumble so far in 2022. In fact, in Q2, the total amount of funding among startups in the sector fell to a six-quarter low. Similarly, other metrics such as the number of unicorn "births" were also down. According to the latest CB Insights report, FinTech funding totaled $20.4 billion in the second quarter of 2022. That's not only down... Personal Finance
Money at 30: Uber Eats Nationwide Shipping Review — A Goldbelly Competitor?
by Kyle Burbank
Last month, Uber Eats announced that it was expanding its platform to include Nationwide Shipping. In addition to their regular delivery and pickup options for local restaurants, this new feature allows customers to order items from a variety of locations around the country and have them shipped. Immediately upon hearing this, one name came to mind: Goldbelly — a similar concept I previously reviewed. Nevertheless, with my interest piqued, I... Personal Finance
Roboadvisors: What Are They and Are They Right For Your Investments?
by Kyle Burbank
If you’ve researched investing in the past few years or so, one option you’ve probably seen increasingly come up is roboadvisors. With a futuristic sounding name that instantly instills images of autonomous mechanical arms making trades, roboadvisors have proven exciting to some while giving other potential investors pause. After all, who wants to trust their financial well being to a robot? Well, as it turns out, there’s more to roboadvisors... Personal Finance
Chipotle Launches "Buy the Dip" Game, Adds Crypto Payments
by Fioney Staff
So far, 2022 has proven to be a tumultuous year for cryptocurrencies. Not only have individual investors felt some pain as prices for numerous assets have taken some tumbles but some crypto-centric firms have even had to lay off staff or file for bankruptcy. But, despite so-called "crypto winter" in effect, one popular restaurant is taking the opporunity to further embrace cyrpto — while also poking a bit of fun...