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
CB Insights Names FinTech 250 for 2021
by Fioney Staff
As FinTech's blockbuster year rolls on into the fourth quarter, CB Insights has just released its list of the top 250 FinTechs of 2021. This is the fourth year that the firm has put out the list of private companies selected from a pool of more than 17,000. According to CB Insights, the final list was assembled according to several factors, including a proprietary algorithm that measures the overall health...
Personal Finance
Stock Trading App Public Adding Cryptocurrency Support
by Fioney Staff
As interest in cryptocurrency continues to rise, an increasingly popular stock trading platform has announced that it will now support crypto trades as well. This week, Public announced that crypto trading would be open to app users soon. At launch, users will be able to trade ten initial crypto assets in the app: Bitcoin (BTC), Ether (ETH), Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC), Bitcoin Cash (BCH), Stellar (XLM), Ethereum Classic...
Personal Finance
Money at 30: Couples' Finance Lessons After Eight Years of Marriage
by Kyle Burbank
This week, my wife Rebekah and I celebrated our eight-year anniversary. In that time, we've made a number of financial decisions together. From big ones like our frugal wedding, moving across the country, and "splurging" on a new (used) car to smaller ones we make on a near-daily basis, I feel like we've learned a lot about managing our money as a couple. In fact, at the risk of sounding...
Personal Finance
Insurtech Company Ladder Raises $100 Million Round
by Fioney Staff
As the "insturtech" industry continues to grow, one digital term life insurance company just closed a "megadeal" investment. This week, Ladder announced that it had raised $100 million. The Series D was co-led by led by Thomvest Ventures and OMERS Growth Equity. It comes as the company reports that it quadrupled its revenue last year and expects to issue $30 billion in coverage by the end of 2021. The investment also arrives as Ladder recently...
Personal Finance
Fewer Consumers Plan on Applying For Store Cards This Shopping Season
by Fioney Staff
As October begins and the holiday shopping season draws nearer, it looks as though fewer consumers plan on applying for store credit cards. According to a recent LendingTree survey, 29% of respondents say they're likely to open a store credit card this year. That's down significantly from last year where 44% of those surveyed suggested they were considering one. However, while this result did mark a three-year low, it is...
Personal Finance
Mastercard Announces "Mastercard Installments" BNPL Program
by Fioney Staff
Mastercard is getting in on the financing craze. This week, the company announced that Mastercard Installments will soon debut in the United States, Australia, and the United Kingdom. The new feature will enable banks, FinTechs, and others to offer "buy now, pay later" options to customers. Specifically, the company notes that Installments will take on a 0% interest, pay-in-four model akin to those used by Afterpay, Klarna, and others. To...
Personal Finance
Renter Cash Back Platform Stake Announces $4 Million Funding Round
by Fioney Staff
A FinTech that helps renters earn cashback has just raised some money of its own. This week, Stake announced that it had closed a $4 million funding round. The seed round was led by Shadow Ventures while Hometeam Ventures, Olive Tree Holdings, Blue Field Capital, Hampton VC, Gaingels, and Silicon Valley Connect managing director Ellen Levy also participated. Stake is a rewards program that allows renters to earn cashback when they make on-time payments. To...