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
HighRadius Announces $300 Million Funding Round
by Fioney Staff
When it comes to FinTech, some of the most well-known companies are those that consumers interact with on a regular basis. These include the likes of Square, PayPal, SoFi, Robinhood, etc. However, it's often the startups that operate "behind-the-scenes" — such as Plaid, Stripe, and others — that actually attract the largest investments. Case in point: HighRadius, which offers AI-powered Order-to-Cash and Treasury Management software, has just closed a mega...
Personal Finance
Money at 30: Claritus Review
by Kyle Burbank
As someone who reviews a lot of apps and services, I end up keeping my money in a lot of different places. Conveniently, this also means that I get to put several aggregation tools to the test. While this has led me to more well-known services such as Mint and Personal Capital, I recently came across another tool called Claritus — which is apparently still in beta. Having spent the...
Personal Finance
PayPal Introduces "Checkout with Crypto" Option
by Fioney Staff
Over the past few months, cryptocurrencies have seen tremendous growth not only in terms of price but also in mainstream acceptance. The latest example of this comes from PayPal, which just announced the rollout of their Checkout with Crypto feature. With Checkout with Crypto, buyers will have the option to pay for their purchases using four currently-supported assets: Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. Notably, they will only be able...
Personal Finance
Leading U.S. Credit Card Issuers Cut Limits by $99 Billion in 2020
by Fioney Staff
As the COVID-19 pandemic began to tighten its grip on the United States, leading to closures and lockdowns across the country, many feared for the economic worst. Indeed, the following weeks brought massive job losses and stock market volatility. Now, figures show that as this economic uncertainty was spreading, creditors were also slashing spending limits for some consumers. According to a report from Bloomberg, the 14 top credit card issuers...
Personal Finance
Bitcoin Rewards Platform Lolli Raises $5 Million From VCs, Celebrities
by Fioney Staff
With Bitcoin continuing to show strength (despite a few ebbs this week), another startup in the crypto space has announced a new round of investment. This week, the Bitcoin rewards platform Lolli announced that it had secured $5 million in funding. The "pre-Series A" round included participation from firms Seven Seven Six and Night Media. Additionally, celebrities including Casey Neistat, Philip DeFranco, and many other individuals participated alongside sports hero...
Personal Finance
Robinhood Files Paperwork for Planned Initial Public Offering
by Fioney Staff
One of the largest, most popular, and often controversial FinTechs is apparently getting ready to go public. This week, Robinhood announced that it had confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC). While this filing confirms the company's eventual plans for an initial public offering, the SEC will need to complete a review process first. In turn, the number of shares to...
Personal Finance
Money at 30: 3 Debit Cards I Actually Use (and Why)
by Kyle Burbank
If you asked me 10 years ago whether debit cards or credit cards were better, I would have definitely said the former. After a bad brush with credit in my early 20s, I was a debit-only guy until I got married. Then, once realizing that my credit had since rebounded beautifully, I also discovered the value that rewards credit cards can offer. Thus, for 90-something percent of my purchases, I'm...