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
Personal Finance
Robinhood Restricts Trading on GameStop, AMC, and Other "Short Squeeze" Stocks
Over the past few days, Wall Street observers have been gripped by a battle of sorts playing out between short-seller hedge funds and retail investors. This tug of war has been most prominently displayed in stocks for video game retailer GameStop and movie theatre chain AMC, with both stocks seeing three and even four-figure percentage gains. Now, as a result of this volatility and the risk that comes with it,...
Personal Finance
Home Lending Tech Platform Roostify Announces $32 Million Funding Round
Another week means another FinTech deal. Today, Roostify announced that it had raised $32 million in its latest round. The Series C was led by Ten Coves Capital with principals at Stone Point Capital as well as returning investors Cota Capital, Mouro Capital, Colchis Capital, Point72 Ventures, and JPMorgan Chase also participating. To date, Roostify has now raised a total of $65 million. With the latest injection of capital, Roostify says it will continue to leverage...
Personal Finance
Survey Finds 42% of Americans Avoided Large Purchases Last Year
Last year proved to be a financial anomaly in many ways — evidenced by a number of dichotomies that emerged. While the loss of employment and other economic issues impacted many Americans, on the whole, consumers saw increased savings rates and credit card payoffs. Now a new survey from WalletHub looks at one potential reason why these latter side effects were possible: many consumers avoided large purchases in 2020. In the...
Personal Finance
Comparing the Growing List of 2021 FinTech Debit Cards
It’s hard to believe there was once a time when your payment options were mostly limited to cash, credit card, or the dreaded check. Finally the debit card was introduced, giving customers access to their checking funds via a piece of plastic that looked and functioned much like a credit card. While the majority of consumers now cite debit cards as their preferred form of payment, there are many ways...
Personal Finance
Curve Raises $95 Million as It Plots U.S. Debut
Just a few weeks into 2021, the FinTech deals market is already starting to heat up. Last week, London-based Curve announced that it had raised $95 million in its latest funding round. The Series C was led by the trio of IDC Ventures, Fuel Venture Capital, and Vulcan Capital. OneMain Financial and Novum Capital also participated. With the latest round, Curve has raised a total of $175 million to date. With the...
Personal Finance
Upgrade Introduces Rewards Checking Account
Recent years have brought a flurry of FinTech and so-called neobanks, presenting some attractive alternatives to consumers seeking more for their money. Unfortunately, with interest rates falling tremendously in the past year, the APYs that many of these accounts once offered have been decimated, leaving startups to find other means of luring customers. In that vein, Upgrade (in partnership with Cross River Bank) has announced a new Rewards Checking account...
Personal Finance
