Personal Finance: What You Need To Know Today

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.

MasterCard and Aiia logos

Mastercard to Acquire European Bank Connection API Aiia

Mastercard is back to buying up FinTechs. This week, the company announced plans to acquire to European open banking technology provider Aiia — although terms of the deal were not disclosed. The planned acquisition of Aiia comes less than a year after Mastercard completed its purchase of open banking platform Finicity for $825 million. Of course, that transaction followed Visa's announcement that it would purchase Plaid for a whopping $5.3 billion....
Bitcoin

Survey Finds Nearly Half of Respondents Have Purchased Some Crypto

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...
Walgreens Scarlet Card

Walgreens Introduces 'Scarlet' Account and Debit Card

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...
illustration of a car lot sale

Millions of Americans Expecting to Purchase Vehicles This Labor Day

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,...
Point Card Runway Yellow

Premium Debit Card Startup Point Raises $46.5 Million

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...
Yotta Savings and PrizePool app illustrations

Money at 30: Yotta vs. PrizePool

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,...
Zeal-Founder-Photo

Payroll API Provider Zeal Announces $13 Million Series A

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...

One-Third of Recent College Grads Turn to the Internet for Money Advice

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...
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2025 SoFi Checking and Savings Review

 Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. That was later sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind is SoFi’s acquisition of Golden Pacific...
Travelers with two Best Western Credit Cards

Best Western Debuts Two New Rewards Credit Cards

After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation

Marriott Bonvoy Bold Card Launches Travel Contest

Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
PayPal Debit Card app

PayPal Debit Card Review: Earn Stackable 5% Cash Back

In recent weeks, PayPal debuted an updated debit card product (perhaps you've seen the incessant Will Ferrell commercials for it during football games?). With the launch of this card, the company known for online payments is encouraging customers to pay with them anywhere. To encourage such behavior, the debit card allows cardholders to earn 5% cashback — although, as you can imagine, there are some important restrictions on that. So,...