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
Are Credit Reports the Same as a Credit Score?
For as much as we hear about credit in general, many Americans are less aware of the specifics. A key example of this is that the terms “credit report” and “credit score” are used interchangeably despite being separate things. In fact, this misconception could lead consumers to ignore an important aspect of their credit that could be hurting them in the long run. If you have questions about credit reports,...
Personal Finance
Credit Sesame Adding Credit Building Abilities to Debit Card Product
For years, building credit has been a bit of a Catch-22, in that establishing credit first requires consumers to obtain credit. This reality is something that several FinTechs have taken note of, with a growing number now offering their own solutions. The latest platform to take a swing at addressing this issue and leveling the playing field is Credit Sesame, which is rolling out a credit building feature for debit...
Personal Finance
BNPL Platform Afterpay Rolls Out Pulse Rewards to All Customers
Love them or hate them, "buy now, pay later" (BNPL) options have exploded in recent years. Services such as Klarna, Affirm, Quadpay, and others allow consumers to finance purchases without paying interest, provided that they pay off the balance within a few weeks. Now, one BNPL platform is rolling out a rewards program to its customers. As of June 29th, all Afterpay customers will be able to opt into the...
Personal Finance
Digital Wealth Technology Firm Marstone Closes $5 Million Round
Even as the world of FinTech has seen its fair share of so-called "megadeals" in recent months, there have been plenty of early-round investments to be found as well. The latest in this latter category comes from Marstone, which just announced a $5 million round. The Series A was led by Amerant Bancorp, which ponied up $2.5 million in the round. As a result of the transaction, Amerant will nominate...
Personal Finance
Retirement Goal Confidence Rebounds After Mid-Pandemic Drop
After a year that challenged Americans mentally, physically, and financially, things are beginning to get back to normal. In turn, it looks as though future retirees are feeling far more optimistic than they did a few months ago. According to a Schwab Retirement Plan Services survey of 401(k) plan participants, 53% now say they are "very likely" to achieve their retirement goals. This is up significantly from 2020 when only...
Personal Finance
FinTech Home Buying Platform Lower Raises Massive $100 Million Round
They say that good things come to those who wait. Apparently, that's true when it comes to startups as well. Today, Lower.com announced that it had raised an astounding $100 million Series A led by Accel. The round follows several years of the FinTech bootstrapping its operations, during which time they've managed to see $300 million in revenue and reach profitability. Lower also notes that the nine-figure deal amounts to the...
Personal Finance
