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
Survey Finds Nearly Half of Respondents Have Purchased Some Crypto
by Fioney Staff
With cryptocurrencies continuing to expand into the mainstream, a recent survey shows a significant number of consumers have invested in Bitcoin, Ether, or other coins. According to a survey commissioned by the digital asset marketplace Bakkt, 48% of respondents had purchased at least some amount of cryptocurrency in the past six months. While 19% of those surveyed said that they'd invested $100 or less in crypto, 5% reported buying more...
Personal Finance
Walgreens Introduces 'Scarlet' Account and Debit Card
by Fioney Staff
For years, pharmacies have proven to be convenient financial service locations as various FinTech accounts have allowed customers to make deposits at CVS, Walgreen, and other locations. Now one of those brands is taking on a larger role in the experience by introducing an account of its own. Last week, Walgreens announced that it's partnering with MetaBank to roll out the new Scarlet bank account and debit card. With the...
Personal Finance
Millions of Americans Expecting to Purchase Vehicles This Labor Day
by Fioney Staff
Like many American holidays, Labor Day is often tied to various sales at numerous retailers. In particular, the September date has long been associated with auto sales as dealerships look to offload the current year models ahead of new arrivals. Sure enough, a survey from the personal finance site WalletHub finds that a large number of consumers will be looking to buy vehicles this holiday weekend. Extrapolating the survey's findings,...
Personal Finance
Premium Debit Card Startup Point Raises $46.5 Million
by Fioney Staff
With many consumers still wary of the trappings inherent to credit cards, a FinTech with a focus on creating a more rewarding debit card has just announced a new found of investment. As TechCrunch reports, neobank startup Point has closed a $46.5 million funding round. The Series B was led by returning investor Valar Ventures while Breyer Capital, YC Continuity, and Human Capital also participated. This round follows Point's $10.5...
Personal Finance
Money at 30: Yotta vs. PrizePool
by Kyle Burbank
In my time as a FinTech app reviewer, I've encountered a lot of interesting and mold-breaking banking offerings. One such platform that fits this description is Yotta Savings, which allows savers to win cash prizes through weekly drawings. Funny enough, nearly a year after I initially reviewed Yotta, the app PrizePool came on my radar. In this case, the app... allows savers to win cash prizes through weekly drawings. However,...
Personal Finance
Payroll API Provider Zeal Announces $13 Million Series A
by Fioney Staff
FinTech's record-breaking year rolls on as the payroll API provider Zeal has announced a $13 million funding round. The Series A was led by Spark Capital with Commerce Ventures and various individual investors also participating. Among those numerous individual investors, one of the most notable is Robinhood co-founder and CEO Vlad Tenev. This latest funding comes nearly 18 months after the startup's $1.6 million seed round and brings their total investment to date...
Personal Finance
One-Third of Recent College Grads Turn to the Internet for Money Advice
by Fioney Staff
It's often said that those graduating college or other higher education institutions are entering the "real world." Of course, in the past couple of years, that "real world" has been far from normal. Nevertheless, a new survey of recent college graduates conducted by Experian found that Gen Zers were actually fairly upbeat about their futures and their ability to navigate their personal finances. First, Experian asked where graduates turned to...