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.
At Fioney we stay on top of the latest economic trends, financial products, and money management strategies in order to provide the knowledge to help you use the money you have today to live the life you want.
Learn to make your money work for you. Whether it’s getting debt free or buying a home we have you covered.
Personal Finance
Robinhood Announces Non-Custodial Web3 Crypto Wallet
by Fioney Staff
After finally rolling out a crypto wallets feature in their trading app and recently listing four additional assets, Robinhood plans to double down on cryptocurrency once again. In a blog post, the company announced that it was developing a non-custodial, web3 wallet. Once launched, this wallet will give users greater total control of their crypto as well as provide access to other decentralized web features. Most notably, while this offering...
Personal Finance
Zilch Launches Its "BNPL 2.0" Platform in the United States Market
by Fioney Staff
The "buy now, pay later" scene has a new entrant. This week, Zilch announced its arrival in the United States. According to the company, the app launched with 150,000 pre-registered customers and comes after the service gained two million U.K customers since its debut there 18 months ago. Elsewhere, Zilch has raised $400 million in debt and equity from Goldman Sachs among others and the company is valued at more...
Personal Finance
Survey: 38% of Investors Pulled Money From the Market Over Past Year
by Fioney Staff
When it comes to the economy, the stock market, and other financial matters, there's certainly been no shortage of news lately. And while some of these stories may not directly impact everyday Americans, they can still lead to a reaction from investors and others keeping a closer eye on such matters. Recently, MagnifyMoney commissioned a survey of more than 1,000 U.S. consumers to ask how current affairs had influenced their...
Personal Finance
A Round-Up of FinTech Banking Options for Teens and Kids
by Kyle Burbank
One of the important lessons we learn in our lives is how to manage our money. Yet, financial education is often lacking from the curriculum taught to students in school. Furthermore, while learning the basics from books and lessons can be helpful, it's the "real world" experience that can really drive these principles home. That's why, in recent years, a number of financial technology companies (or "FinTechs") have created platforms...
Personal Finance
Crypto-Backed Card Wirex Celebrates Milestone in U.S. Registrations
by Fioney Staff
It looks as though Wirex is taking a victory lap after a successful entry into the United States market. Today, the platform announced that 150,000 people have registered for the crypto app since it launched in the U.S. a mere six weeks ago. This figure adds to the more than 5 million users Wirex already has across Europe and Asia. Wirex's U.S. app allows users to trade and hold 37...
Personal Finance
Tips and Tools for Rebuilding Your Credit
by Fioney Staff
Everyone makes mistakes. Sometimes these mistakes can be forgiven but, in other cases, the repercussions of these missteps can be long-lasting. Sadly, when it comes to credit, sometimes small mess-ups can mean years of poor scores — but it doesn't have to last forever. If you've made some credit mistakes in your past and are looking to improve your scores ahead of buying a home, vehicle, etc., there are a...
Personal Finance
FinTech Credit Card Platform Deserve Secures $250 Million Credit Facility
by Fioney Staff
With the market for specialized rewards credit cards growing, one popular platform has closed a new deal to help fuel it into the future. This week, Deserve revealed that it had secured a $250 million credit facility from Goldman Sachs, Cross River, and Waterfall Asset Management. Previously, the company raised a $50 million Series D equity round in 2021 as well as a $50 million Series C in 2019. Goldman...