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
Family-Centric Finance App GoHenry Raises $40 Million
by Fioney Staff
It seems as though even more FinTechs are managing to close deals before the year is done. Last week, GoHenry announced that it had raised $40 million in its latest funding round. The round was led by Edison Partners with participation from Gaia Capital Partners, Citi Ventures, and Muse Capital. With the funds, GoHenry plans to further its expansion plans, mainly in the United States but also in the United...
Personal Finance
Cash Back App Slide Adds Crypto Payment Support Via BitPay
by Fioney Staff
In recent months, cryptocurrencies have continued to creep into the mainstream consiousness. This includes a growing number of integrations allowing consumers to actually spend Bitcoin and other assets instead of merely holding them for investment reasons. The latest example of this is Slide, which is now partnering with BitPay to give users the chance to pay for gift cards using crypto. Slide is a mobile app from Raise Marketplace where...
Personal Finance
FinTech-as-a-Service Startup Unit Makes Its Debut
by Fioney Staff
Despite numerous challenges, the FinTech industry has managed to have a fairly successful year. From significant funding rounds to major acquisitions, there was plenty of big and positive news to go around. Now, as the year nears an end, the disrupters may be seeing their own disruption as the startup Unit brings their banking-features-as-a-service model to market. Last week, Unit not only announced its official launch but also revealed that...
Personal Finance
Rakuten Network Powers Cashback Offers in Google Pay
by Fioney Staff
Recently, Google Pay unveiled an overhauled app for both Android and iOS. With the update, the app took on a new focus toward personal finance, while also providing other services such as peer to peer payments. Now, Google Pay users will be able to earn cashback rewards for select retailers thanks to a partnership with the Rakuten In Store Network. By activating eligible linked cards in their Google Pay wallet,...
Personal Finance
U.S. Consumer Credit Card Debt Falls Again in Q3 2020
by Fioney Staff
In what may come as a surprise to some but consumer credit card debt once again took a tumble from June to September. According to WalletHub's latest data, American consumers paid down a total of $707 million during the third quarter of 2020. Although that's extremely modest in comparison to the $60 billion and $58 billion in credit card debt erased in Q1 and Q2 respectively, it still marks the...
Personal Finance
FinTech Step Announces $50 Million Round with Celebrity Participants
by Fioney Staff
As 2020 draws to a close, it seems that FinTech deals aren't done just yet. Last week, the online banking platform Step announced it had raised $50 million. The Series B was led by Coatue with participation from Stripe, Crosslink Capital, Collaborative Fund, and Dreamers VC. Additionally, several celebrities have invested in the startup, including Charli D’Amelio, Justin Timberlake, Eli Manning, Larry Fitzgerald, and others. With the latest funds, Step...
Personal Finance
United States Regains 245,000 Jobs in November
by Fioney Staff
Continuing a trend that began as many areas of the country started reopening this summer, the United States once again added back jobs in November. Unfortunately, the pace of recovery has also slowed significantly. According to the latest Department of Labor Statistics report, the economy gained 245,000 jobs during the month of November. That is not only the lowest monthly sum since jobs began rebounding in May but is also...