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
Rakuten Announces Partnership with BNPL Afterpay
by Fioney Staff
Just as the holiday shopping season is getting underway, it looks as though consumers will be able to tap two increasingly popular platforms at once while shopping online. According to a press release from Rakuten, the platform will be partnering with Afterpay to offer cashback to customers who choose to use the buy now, pay later (BNPL) service along with Rakuten to place their orders. This option will be available...
Personal Finance
Square Inc. to Become Block as FinTech Continues to Diversify
by Fioney Staff
Since its debut in 2009, the FinTech Square has certainly evolved. Making a name for itself with its small business POS and payment platforms, the company has since entered into the worlds of peer-to-peer payments, cryptocurrencies, and even music streaming. Now, in a move meant to acknowledge this evolution, Square is changing its corporate name. This week, it was revealed that Square, Inc. will soon become Block, Inc. The company...
Personal Finance
Robinhood Announces Incoming Investment Transfer Tool
by Fioney Staff
Robinhood is closing out 2021 by unveiling yet another new feature. Today, the trading app announced a new service that will make it easier for customers to transfer over assets from other brokerages. According to a blog post on the company's site, eligible assets include stocks, ETFs, and certain options contracts along with cash balances. Margin balances will also be transferable if the customer has a margin-enabled Robinhood account. Additionally,...
Personal Finance
Thought Machine Raises $200 Million, Earns Unicorn Status
by Fioney Staff
Although 2021 is now rolling towards its finale, FinTech's record fundraising year isn't over yet. This week, London-based Thought Machine announced it had closed a $200 million round. The Series C was led by Nyca Partners, who were joined by some of Though Machine's banking clients, including ING Ventures, JPMorgan Chase, and Standard Chartered Ventures. Additionally, returning investors such as Lloyds Banking Group, British Patient Capital, Eurazeo, SEB, Molten Ventures,...
Personal Finance
Health Insurance Marketplace Premiums Mostly Stay Steady for 2022
by Fioney Staff
In recent months, the main economic story in America has been inflation. Two weeks ago, the Bureau of Labor Statistics’ October Consumer Price Index showed prices increasing by 6.2% over the past 12 months, marking the largest yearly increase since 1990. Yet, despite prices climbing on a number of everyday items, it looks as though health insurance premiums purchased on state and federal marketplaces will remain relatively unchanged from 2021. According...
Personal Finance
Money at 30: Nexit App Review
by Kyle Burbank
Spoiler alert: Nexit is the road trip app I’ve waited for all my life. Okay, the “all my life” part may be slightly hyperbolic since apps weren’t really a thing in 1986 when I was born — but it’s been a long time. While map apps allow you to look up how far you are from a given business and other services like GasBuddy aim you toward cheap gas stations,...
Personal Finance
FinTech TiiCKER Launches Android App
by Fioney Staff
Recent years have brought about a retail investor revolution. Look no further than the advent of commission-free trading apps as well as the “Gamestonk” incident for evidence of this shift. Now, one FinTech app that enables shareholders to claim perks for their ownership is expanding its platform to a new medium. This week, TiiCKER announced the launch of its Android app. Previously, the platform was offered via an iOS app...