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
Bitcoin ATM Operator CoinFlip Surpasses One Million Transactions in 2020
Despite the fact that 2020 could hardly be described as a good year for the vast majority of people, it was undoubtedly a strong year for Bitcoin. In fact, even as other volatile stock market happenings have distracted some from cryptocurrencies, Bitcoin and other assets have enjoyed continued prosperity so far in 2021. This has not only allowed long-time believers to see their holdings rise but has also provided several...
Personal Finance
Clarity Money to Shut Down App This March
In the world of FinTech, being acquired by a larger company or institution can be a blessing as it gives startups greater access to capital and resources they need to continue development. On the other hand, depending on the parent company, such mergers can lead to stagnation or closure. Now, the personal finance platform Clarity Money may be experiencing a bit of the latter scenario as the Goldman Sachs-owned app...
Personal Finance
Lottery-Inspired Savings Platform Yotta Raises $13.2 Million
It's a well known fact that many Americans have trouble building up their savings. With that in mind, several FinTechs have put their spin on digital banking in a bid to encourage good financial habits. Among the firms fitting this description is Yotta, which offers a savings account with a lottery element, allowing account holders to earn weekly prize tickets as they increase their balance. This concept seems to be...
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
