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
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...
Personal Finance
FICO Survey: 71% of Americans Willing to Open a Bank Account Digitally
by Fioney Staff
With the pandemic continue to shape how Americans interact with various institutions, it looks as though Americans are more willing to embrace digital solutions for financial services. According to a recent survey by FICO, 71% of U.S. consumers say they'd be willing to open a bank account digitally — via either a website or mobile app. Interestingly, younger adults were more likely to prefer other methods to digital options. Of...
Personal Finance
Vast Bank Introduces Crypto Banking Service and App
by Fioney Staff
At a time when cryptocurrency is seeing greater mainstream acceptance, one FDIC-insured bank is now making it easier for their customers to trade and hold crypto assets. The Tulsa-based bank Vast has launched its Crypto Banking platform and app, made possible through a partnership with Coinbase and SAP. According to the company, this makes them the first nationally chartered U.S. bank to allow customers to buy, sell, and hold cryptocurrency...
Personal Finance
Money at 30: The Lies We Tell Ourselves About Spending
by Kyle Burbank
When brainstorming ideas for my column today, I told my wife that perhaps I could share a tip about saving money on Halloween candy by attending one of the Walt Disney World parties we went to this week instead of buying sweets from the store. Apparently not realizing that I was joking just yet, she quickly noted that, in addition to these event tickets costing over $100, people would also...
Personal Finance
Fractional Trading Platform DriveWealth Raises $450 Million
by Fioney Staff
Another FinTech mega round is in the books as DriveWealth has just announced that it's raised $450 million. The Series D was co-led by Insight Partners and Accel with "significant participation" from Greyhound Capital, Softbank Vision Fund 2, and Point72 Ventures (which previously led the firm's Series C). Returning investor Fidelity International and new investors Base 10, FTX, and FlightDeck also contributed to the round, which valued the company at...
Personal Finance
FinTech Firm One Announces $40 Million Funding Round
by Fioney Staff
Another neobanking app has just closed a significant investment round. This week, FinTech app One has revealed that it raised $40 million. The Series B was led by Progressive Investment Company, Inc. while Obvious Ventures, Foundation Capital, Core Innovation Capital, and others also participated. With the newly-acquired funds, the company says it plans on scaling its team, expanding their product offerings, and growing its user base. Previously, the FinTech raised...