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
Neobank Chime Now Valued at $25 Billion Following Latest Round
So far in 2021, the FinTech industry has been on a winning streak. Between record-breaking investment rounds, major acquisitions, IPOs, and big announcements, the sector has garnered plenty of attention. Now, Chime is earning FinTech even more headlines following its latest eye-popping funding round and valuation. As CNBC reports, Chime has announced that it raised a whopping $750 million in its latest funding round. The Series G was led by...
Personal Finance
Upgrade Announces $105 Million Round at $3.3 Billion Valuation
Another FinTech megadeal is in the books as Upgrade has just announced that it raised $105 million in its latest investment round. The Series E was led by Koch Disruptive Technologies (KDT) with BRV and Ventura Capital also participating. To date, Upgrade has raised a total of $307 million, including a $40 million Series D led by Mouro Capital last year. This latest raise valued the company at $3.325 billion....
Personal Finance
Venmo Adds Automatic Cryptocurrency Rewards Option to Credit Card
With interest in cryptocurrencies continuing to expand, another brand is adding crypto support to its credit card offering. Venmo has announced its new Cash Back to Crypto program for Venmo Credit Card customers. With this new option, cardholders can elect to automatically purchase cryptocurrency with the cashback rewards they earn each month. Additionally, those who opt into this program will not have any purchase fees associated with their "Cash Back...
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
