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 Home Buying Platform Lower Raises Massive $100 Million Round
by Fioney Staff
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
Money at 30: "Broke Millennial Talks Money" Book Review
by Kyle Burbank
As much as I've enjoyed listening to audiobooks over the past few months thanks to my Audible subscription, this weekend, it was time to return to the world of physical media by reading a book I've had on my list for a while. Late last year, author Erin Lowry released the third book in her Broke Millennial series, following the original and the Broke Millennial Takes on Investing follow-up. This...
Personal Finance
DeFi Savings Platform Donut Raises $2 Million
by Fioney Staff
Following months of momentum, the past few weeks have been a rollercoaster for cryptocurrencies. Nevertheless, DeFi — short for decentralized finance — and other blockchain-based services have continued to gain the interest of consumers and investors. In fact, one DeFi offering has just revealed its latest funding round. Donut has announced that it raised $2 million in its latest investment round. Previous investor Redalpine led the round, joined by Inventures,...
Personal Finance
Home Sales Soften as House Prices Reach Record Highs
by Fioney Staff
With home prices continuing to soar and listings remaining low, it seems as though some buyers are backing away. According to the latest Redfin data, the median home sale price reached $358,766 last week to mark a new record high. What's more, the figure is up 24% year over year. Meanwhile, the median asking price for newly listed homes was up 14% YOY at $363,450. However, this was actually down...
Personal Finance
Financial Sevices Platform B9 Announces Launch
by Fioney Staff
A new neobank is ready to welcome the world. After raising $1.9 million in pre-seed funding earlier this year, B9 says it is now ready to launch its financial services app. In a press release, the startup noted that its goal is to amass 100,000 customers by the end of this year. Meanwhile, the app reports that that "hundreds of thousands" of people have joined the waitlist, with a conversion...
Personal Finance
Chime is the Overwhelming Leader Among Neobanks
by Fioney Staff
In recent years, Americans have not only been conducting more of their banking online but have also begun moving to digital-only banking options. Often referred to as "neobanks," these FinTechs typically feature a number of perks while charging few if any fees. While the number of such offerings has continued to rise steadily, it seems as though one stands head and shoulders above the pack in terms of customers: Chime....
Personal Finance
FinTech Cash Advance Startup Clair Raises $15 Million
by Fioney Staff
Another early-stage FinTech investment round is now in the books. This week, Clair announced that it had raised $15 million. The Series A was led by Thrive Capital — a firm which itself recently raised money, closing its Thrive VII fund at $2 billion in February. Some of Thrive's past FinTech investments include Plaid, Robinhood, Lemonade, among others. Turning to Clair, the latest round brings the startup's total funding to...