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
Money at 30: WeWoreWhat, Rewards Cards, and Creator Loyalty Potential
by Kyle Burbank
It was only a few weeks ago that I wrote about how one of the steps I take in crafting my various financial app reviews is to scour Instagram for new offerings. Well, earlier this week, that strategy paid off but in a different way than normal. Rather than coming across an ad for a new offering, I saw a post from one of my favorite YouTubers Amanda Golka (AKA...
Personal Finance
Robinhood Adds Support for Four New Crypto Assets Including SHIB
by Fioney Staff
At long last, Robinhood is bringing more cryptocurrency options to its platform. Today, the app announced that, for the first time in years, it was adding support for new crypto assets. Now, customers can buy and sell Compound (COMP), Polygon (MATIC), Solana (SOL), and Shiba Inu (SHIB). These assets join previously supported coins including Bitcoin, Ethereum, Dogecoin, Litecoin, Bitcoin Cash, and more. Of the four newly-added assets, Shiba Inu is...
Personal Finance
FinTech Funding Hits $28.8 Billion in Q1 2022
by Fioney Staff
Following a record-breaking 2021, FinTech has seemingly continued that hot streak into the new year. Now, that hunch is being backed up by new data that shows a blockbuster first quarter for the sector. According to the latest report from CB Insights, startups in the financial technologies sector closed a combined total of $28.8 billion in deals last quarter. Although that's below the totals of quarters two, three, and four...
Personal Finance
FinTech Startup Fidel API Raises $65 Million
by Fioney Staff
What's sure to be another hot year for FinTech continued this week as a company that powers cashback platforms and other services revealed an impressive investment. Today, Fidel API announced that it had closed a $65 million funding round. The Series B was led by Bain Capital Ventures while NYCA Partners, QED Investors, and others also participated. To date, the startup raised a total of $88 million, including an $18...
Personal Finance
Money at 30: Life-Changing Money
by Kyle Burbank
The term "life-changing money" is one that gets used fairly frequently but has only recently caused me to perk up my ears. It occurs to me that, perhaps, the expression is limiting in its scope. Oftentimes, the phrase is used on game shows when contestants win five or maybe even six figures in prize money. Ironically, while the celebrities they may be playing with are used to seeing such sums...
Personal Finance
Survey: Nearly Two-Thirds Believe Credit Card Balance Myth
by Fioney Staff
Thanks to the Internet and the advent of many free FinTech tools, these days, there are many resources for consumers to turn to when it comes to credit education. In fact, these services seem to be having an impact as average FICO scores continue to reach new highs. Despite this, there are still plenty of mistakes and misconceptions out there. Recently, a survey of more than 1,000 Americans conducted by...
Personal Finance
Bilt Mastercard Now Available to All as Wells Fargo Joins as Issuer
by Fioney Staff
These days, several credit cards emphasize rewards in a variety of spending categories. However, one of the largest expenses that Americans face on a monthly basis has largely been left out of the credit card rewards conversation: rent. That's why, last year, Bilt Rewards was launched as a way for consumers to earn rewards on rent, including the introduction of a credit card that didn't penalize rent payments with fees...