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
Money at 30: How We're Saving Money This Summer
by Kyle Burbank
The way I see it, there are a few different starts to the summer season. For the former movie theatre manager in me, the first is Memorial Day weekend (although the blockbuster season really kicks off even before that now thanks to Marvel). Then, there's the technical kick-off on June 21st — the actual first day of summer according to science. Yet, if it weren't clear that we were now...
Personal Finance
Apptopia Data Shows Most Downloaded Digital Banking Apps for H1 2021
by Fioney Staff
These days, there's certainly no shortage of digital banking options — also known as neobanks. With many of these platforms operating primarily via mobile apps, the impact of such services can also be seen on app store rankings. On that note, a new report from Apptopia highlights the top 10 digital banking apps in terms of downloads so far in 2021. During the first half of the year, Chime managed...
Personal Finance
Robinhood Officially Files for Initial Public Offering
by Fioney Staff
After previously confidentially submitting a draft registration statement in March, this week, Robinhood made it official, announcing its plans to go public. The number of shares Robinhood plans to issue and the price range they'll be targeting have yet to be determined. What is known is that the FinTech will list on the Nasdaq under the ticker symbol $HOOD. One interesting note in Robinhood's filing is that the company plans to...
Personal Finance
Are Credit Reports the Same as a Credit Score?
by Fioney Staff
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
by Fioney Staff
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
by Fioney Staff
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
by Fioney Staff
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...