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
Till Launches Family Financial Platform with $5 Million in Funding
by Fioney Staff
Another FinTech that seeks to help parents teach children about money is ready to welcome new users. This week, the family-centric banking platform Till announced that the platform was now available to all, while also revealing that they'd raised more than $5 million for the launch. Those who have contributed to Till's funding include Elysian Park Ventures, Pivotal Ventures, Afore Capital, Luge Capital, Alpine Meridian Ventures, The Gramercy Fund, SM...
Personal Finance
Money at 30: The 5 Best Purchases I've Made When Moving Into My New Place
by Kyle Burbank
Much to my surprise, it's now been over a month since my wife and I first moved into our new apartment. In case you missed it, after six years of living in the same place, we decided it was time for a little upgrade that also happens to be a bit of a downsize. While we're loving our new home, there have been a few things we felt the need...
Personal Finance
WeWork to Begin Accepting Cryptocurrencies for Payment
by Fioney Staff
After a relatively steady climb in recent months, the cryptocurrency market is back to its volatile ways. Between Dogecoin's rapid rises and Bitcoin's flash crashes, some investors may be reminded why they avoided the asset class in the first place. Nevertheless, the acceptance of crypto is continuing to grow, with WeWork now joining the list of companies that will allow customers to pay in Bitcoin and the like. According to...
Personal Finance
Mastercard to Acquire Ekata for $850 Million
by Fioney Staff
Just a few months after Mastercard completed its purchase of the FinTech firm Finicity, the company is looking to make another buy. This morning, Mastercard announced plans to acquire the identity verification platform Ekata for $850 million. The transaction is subject to regulatory review but is expected to close within the next six months. Additionally, despite the hefty price tag, Mastercard says it does not anticipate the purchase to be...
Personal Finance
American FinTech Council Now Has More Than 75 Members
by Fioney Staff
Last month, the Marketplace Lending Association and the Online Lending Policy Institute announced that they would be merging to form the American FinTech Council (AFC). In doing so, one of the stated goals of the group was to assemble an even larger coalition of banks and financial services companies. It seems as though that is indeed what's happening, with the AFC now reporting that it counts more than 75 members among...
Personal Finance
Coinbase Makes Its Nasdaq Debut as Crypto Surges
by Fioney Staff
As cryptocurrencies continue to make their way towards mainstream acceptance, one major crypto-centric company is making a splash on Wall Street. This afternoon, Coinbase successfully went public, with its stock now listing on the Nasdaq under the ticker symbol $COIN. According to CNBC, the platform opened at $381 a share — well ahead of its $250 reference price — with share prices trading for as high as $429 for a...
Personal Finance
Survey Highlights the Growing Popularity of "Buy Now, Pay Later" Services
by Fioney Staff
When many Americans go to make a large purchase, they typically have a few options. Aside from paying in cash, there's also traditionally been the option to put a purchase on a credit card — which results in paying interest if the charge isn't paid off quickly. Meanwhile, although some retailers might offer deferred-interest monthly payments on select items, this may have only been available for purchases over a certain...