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.
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Personal Finance
Personal Finance
GasBuddy Data Shows Gas Prices Continue to Rise Nationwide
With more Americans hitting the road once again, motorists may be noticing rising gasoline prices. In fact, new data from the gas price tracking tool GasBuddy shows that the average price at the pump increased yet again last week. According to the latest figures compiled by the app (using data collected from more than 150,000 stations across the nation), the average gas price climbed to $3.18 per gallon. With this...
Personal Finance
Credit Karma Money Adds Bill Tracking Features for Accountholders
The past few years have been busy ones for Credit Karma. In 2019, the free credit score site — which is now owned by Intuit — launched Credit Karma Savings. Later, when an accompanying checking account was added to the mix, the name was changed slightly to Credit Karma Money, including both Save and Spend accounts. Since then, the offering has gained popularity, thanks in part to its Instant Karma...
Personal Finance
"FinTech as a Service" Company Rapyd Raises $300 Million
As a record year for FinTech continues, this week, Rapyd announced that it had raised another $300 million. The Series E round was led by Target Global with participation from new investors Fidelity Management and Research Company, Altimeter Capital, Whale Rock Capital, BlackRock Funds, and Dragoneer as well as returning investors General Catalyst, Latitude, Durable Capital Partners, Tal Capital, Avid Ventures, and Spark Capital. To date, Rapyd has now raised...
Personal Finance
Money at 30: "Get the Hell Out of Debt" Audiobook Review
After turning to the printed word for my last book review, this month, I headed back to Audible to see what money-related audiobooks I could discover. What I found was Get the Hell Out of Debt: The Proven 3-Phase Method That Will Radically Shift Your Relationship by author Erin Skye Kelly. So, I decided to give it a shot — and ended up quite enjoying the seven-hour (if you were...
Personal Finance
Square to Acquire Afterpay, Integrate BNPL Into Existing Platforms
FinTech giant Square is once again looking to expand its reach and venture into other aspects of finance — this time setting its sights on "buy now, pay later" (BNPL). Over the weekend, Square announced plans to acquire the Australia-based service Afterpay. With the deal anticipated to be paid in stock, the implied value of the transaction is $29 billion based on Square's share price as of July 30th. The transaction...
Personal Finance
Robinhood Flounders in Market Debut, End First Day Down 8%
After years of hype and some high-profile missteps, yesterday the stock trading app Robinhood went public, hitting the Nasdaq under the ticker symbol $HOOD. Unfortunately, the FinTech faltered in its debut, closing down 8% from its opening price. What's more, the $38 IPO share price was on the low end of the company's targetted pricing range. Robinhood's public offering was always set to be one to watch for a number...
Personal Finance
