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
Wells Fargo Announces Account Changes to Help Limit Overdraft Fees
by Fioney Staff
Despite some changes over the years, overdraft fees continue to be an expensive plague on American consumers. However, little by little, institutions have been making some changes. The latest in this trend is Wells Fargo, which recently announced some upcoming adjustments to its policies. The first change coming down the pike is that customers enrolled in Overdraft Protection service will no longer be assessed a fee when fund transfers are...
Personal Finance
Lending Marketplace Acorn Finance Raises $8.4 Million
by Fioney Staff
As the new year gets underway, another FinTech is celebrating by raising money. This week, Acorn Finance (not to be confused with micro-investment app Acorns) announced that it had closed an $8.4 million round. The Series A was led by MassMutual Ventures. Previous investors Vestigo Ventures, Accomplice, and MetaProp also participated along with Moderne Ventures. To date, the company has now raised a total of $12.4 million, including seed round raises...
Personal Finance
U.S. Economy Adds 199,000 Jobs in December 2021
by Fioney Staff
When the ball dropped on 2021, the United States found itself holding a bit of a mixed bag. While there was reason to be optimistic and believe that 2022 will be better than its predecessor overall, a new twist in the pandemic threw a wrench in the plans of many. Now, a look at the current economy and job market is also decidedly mixed, simultaneously offering points of disappointment and...
Personal Finance
FinTech Leaders Share How Startups are Growing Financial Equity
by Kyle Burbank
This week, CES 2022 kicked off in Las Vegas — carrying on despite a number of companies canceling their plans and the expo itself cutting a day from its schedule. Of course, given the state of the world, there's also a strong digital aspect to this year's event, allowing attendees to stream some of the presentations. Among the sessions that happened to be streamed was one titled "FinTechs and the...
Personal Finance
Rêv Launches X World Wallet in the United States
by Fioney Staff
In recent years, a major trend in FinTech has been the issuance of debit cards. Each of these offerings boasts its own unique twist — be it instant rewards, a focus on the environment, charitable giving, etc. Now another prepaid card is entering the U.S. market and looking to make a splash: the Rêv's X World Wallet. Rêv's X World Wallet is a multi-currency debit card that also includes a...
Personal Finance
Money at 30: Top 5 Personal Finance Apps and Tools to Watch in 2022
by Kyle Burbank
Every year, as part of my weekly column, I end up reviewing dozens of personal finance apps and tools. 2021 was no exception to this as I continued to discover new services in a variety of fields. Amazingly, for as many apps as I've explored, I'm still often surprised to find how many offer something unique or are just plain awesome. With that in mind, I'm excited to once again...
Personal Finance
Cion Digital Raises $12 Million to Expand Cryptocurrency Payments
by Fioney Staff
There's no doubt that 2021 was a breakout year for crypto. Not only did several assets see major price increases (along with plenty of volatility) but a number of startups in the cryptocurrency space also saw significant investments. Now, with 2022 officially underway, one crypto-centric FinTech is starting off the year by closing a new funding round. This week, Cion Digital announced that it had raised $12 million. The seed...