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
FinTech Funding Reaches Record High in Q2 2021
by Fioney Staff
FinTech is on fire! As the latest "State of FinTech" release from CBInsights notes, last quarter marked a boom for financial technology startup funding. In fact, Q2 set a new record for investment deals in the sector. According to the report, FinTech companies raised a total of $30.8 billion from venture capital firms last quarter. That was up an impressive 30% from the first quarter of the year — which...
Personal Finance
LendingTree Highlights Best and Worst Metros for First-Time Homebuyers
by Fioney Staff
Current first-time homebuyers seeking an affordable abode may find their search to be a bit perilous these days. Due to an overall lack of inventory, prices for homes that are for sale have reached record highs. Nevertheless, the site LendingTree has just released its rankings of the best and worst metro areas for first-time buyers. The latest report was compiled using data from more than 100,000 LendingTree users during the...
Personal Finance
Money Challenges: Pros, Cons, Examples, and Tools
by Kyle Burbank
If you've ever made an effort to start saving money, there's a good chance that you encountered a few stumbling blocks. For one, the ever-popular "spend less, save more" goal lacks the specifics necessary to make it stick. Meanwhile, while setting aside money might feel good at first, maintaining motivation can be difficult — especially when there's no immediate payoff in sight. That's why many savers have turned to money...
Personal Finance
Upgrade Launches Bitcoin Rewards Credit Card
by Fioney Staff
Another Bitcoin-earning credit card isn't just on the way — it's already here. This week, Upgrade announced the launch of its new Bitcoin Rewards Credit Card. The Upgrade Bitcoin Rewards Credit Card is essentially a crypto reskin of the FinTech's Cash Rewards card, earning 1.5% back in rewards. However, these rewards aren't earned upon purchase like with most traditional cards and are instead earned when purchases are paid off. Additionally,...
Personal Finance
Money at 30: Robinhood's IPO — and Trying Their IPO Access Platform
by Kyle Burbank
Of all the companies, apps, and tools I've written about between here and Money@30 the site, I feel like Robinhood is the one I've ended up covering the most. That's partially because the stock trading app has not only continually rolled out new offerings since they've been on my radar but have also been a consistent source of fodder thanks to their self-inflicted wounds and a laundry list of controversies....
Personal Finance
Play2Pay Raises $13 Million for Payment Gamification Platform
by Fioney Staff
What if mobile phone customers could get a discount on their service by playing games and participating in other activities? That's exactly what Play2Pay is making possible — and, now, the FinTech is bringing in money of its own, recently closing an eight-figure funding round. Miami-based start-up Play2Pay has announced that it raised $13 million. The "oversubscribed" Series A was led by Telesoft Partners with Harbor Spring Capital and a slew of...
Personal Finance
Data Shows Majority of Bitcoin Owners are Holding at a Profit
by Fioney Staff
After a strong run early in 2021, several cryptocurrencies have since fallen on hard times. In the case of Bitcoin, the asset is now trading for nearly half of its record highs seen just a few short months ago. Nevertheless, the current value is still far ahead of where Bitcoin had been prior to 2020. What's more, data shows that the majority of Bitcoin currently being held represents a profit...