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
Plaid Raised $425 Million After Visa Deal Falls Through
by Fioney Staff
If you've used any number of financial apps over the past few years, there's a strong chance that you've encountered the name Plaid. The firm's API allows applications to securely connect to users' banking accounts and retrieve read-only data, enabling aggregation tools among others. This technology has allowed Plaid to grow into one of the largest and most notable FinTechs — and has now garnered them an investment mega-round. Today,...
Personal Finance
2021 Debt.com Survey Highlights Pandemic-Era Consumer Credit Card Spending Habits
by Fioney Staff
As the United States continues to work towards a post-pandemic economy, Debt.com has released a new survey looking at how the event has impacted the way consumers utilize their credit cards. First, 90% of those surveyed used credit cards compared to only 10% who didn't. Of those who do, 42% expect that they'll continue to observe the cutbacks they've made to their credit card spending during the pandemic. However, one-third...
Personal Finance
SoFi to Launch IPO Investing Feature for Customers
by Fioney Staff
For many years, while everyday investors may have heard about upcoming initial public offerings (IPOs), buying shares at the original asking price was a right reserved for much larger investors. This reality has remained even as the popularity of retail investment apps has risen. Well, at long last, it seems this could be changing as SoFi recently announced that customers will be able to request shares/units for upcoming IPOs using...
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...