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
Jeeves, A FinTech Startup for Startups, Raises $180 Million
by Fioney Staff
Following a record-breaking 2021, FinTech continues to show strength so far in 2022. Continuing that trend, a startup that offers banking-as-a-service products to other startups has closed a new megaround. Last week, Jeeves announced that it had closed an oversubscribed $180 million round. The Series C was led by Tencent along with participation from GIC, Stanford University, Andreessen Horowitz, CRV, Silicon Valley Bank, Clocktower Ventures, Urban Innovation Fund, and others. Impressively, this...
Personal Finance
SoFi Debuts Auto Crypto Purchase Option for Direct Deposit Customers
by Fioney Staff
Despite some turbulent times, cryptocurrencies remain a popular topic and investment. In turn, the FinTech leader SoFi has announced a new feature that will allow customers to automatically invest in crypto when they receive direct deposit funds. With the new feature, SoFi Invest customers who also use the recently-launched SoFi Checking & Savings will be able to select a portion of each paycheck to be used to purchase crypto assets....
Personal Finance
Money at 30: Charles Schwab Investing Starter Kit Overview
by Kyle Burbank
These days, there is no shortage of easy-to-use brokerage accounts that consumers can turn to when they're ready to begin investing. From SoFi to Public and, of course, Robinhood, these fee-free accounts have revolutionized the industry in ways both good and bad, leaving traditional brokerage accounts to evolve as well. One such firm that's seen a number of changes in recent years is Charles Schwab, which has attempted to bring...
Personal Finance
Robinhood Announces Cash Card, Replaces Cash Management Offering
by Fioney Staff
More than two years after Robinhood officially launched its Cash Management account, the popular investment app is set to replace it with a new offering. Today, the company announced the impending debut of the Robinhood Cash Card. With the new card, users will be able to earn rewards and automatically grow their investment portfolio while making everyday debit purchases. According to a blog post on the company's site, the Robinhood...
Personal Finance
Insurtech Giant Policygenius Closes $125 Million Round
by Fioney Staff
As the FinTech sector has expanded over the years, new subsections of the space have grown as well. Among them is the "insurtech" field, which not only features startups offering traditional insurance products via new means but also features other businesses looking to improve the insurance-buying process through aggregation. One of the largest names in the latter category is Policygenius. Now, continuing to show its dominance, the platform has raised...
Personal Finance
Bella Loves Me (Bella) Review
by Kyle Burbank
What first made me interested in Bella was its concept that emphasized random acts of kindness between its members. So, how does this work in practice? Let's take a look at some of the basics of Bella as well as my experience so far.
Personal Finance
Varo Bank Expands Its Cashback Program "Perks"
by Fioney Staff
These days, there are plenty of ways for shoppers to save money. From digital coupons to price comparison tools, buying online definitely has its advantages. On top of that, in recent years, cashback marketplaces have become increasingly common, allowing consumers to earn a percentage of their purchase back as a rebate just for using specific links or using a particular card in-store. That was also the basic idea behind the...