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
Personal Finance
Credit Card Points App MaxRewards Raises $3 Million Seed Round
With enthusiasm for credit cards that offer points, miles, and cashback continuing to grow, a FinTech app that helps consumers keep track of their earnings is now catching the eyes of investors. Recently, MaxRewards announced that it had raised $3 million. The seed round was co-led by Dundee Venture Capital and Calano Ventures with participation from FinTech Ventures Fund, Service Provider Capital, and Fleetcor president Nick Izquierdo. This investment comes as the app has been...
Personal Finance
Varo Bank Raises $510 Million in Oversubscribed Funding Round
FinTech's "megaround mania" continues as Varo Bank has just announced an oversubscribed $510 million funding round. The Series E was led by new investor Lone Pine Capital while Declaration Partners, Eldridge, Marshall Wace, Berkshire Partners / Stockbridge, and others also participated. This comes after the bank raised a $241 million Series D in June 2020 followed by a $63 million corporate round in February 2021. Varo's latest funding comes just over...
Personal Finance
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....
Personal Finance
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...
Personal Finance
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...
Personal Finance
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,...
Personal Finance
